Knowledge Management
Omm Al-Banin Feyzbakhsh; Fahimeh Babalhavaeji
Abstract
Background and Objectives: Open data aims to publish and reuse personal data freely regardless of material intellectual rights.. Open data-oriented businesses require business models and a data-sharing environment called ecosystem. Open data provides a high potential to improve civic engagement, innovation, ...
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Background and Objectives: Open data aims to publish and reuse personal data freely regardless of material intellectual rights.. Open data-oriented businesses require business models and a data-sharing environment called ecosystem. Open data provides a high potential to improve civic engagement, innovation, and the creation of social-economic values. Regarding the substantiality of innovation, open data helps to pave the way for innovation. The purpose of this study is to review the concepts of innovation and value creation in an open data ecosystem through the study of research projects addressing open data-related topics such as open data-based innovation and value creation from data.
Methodology: The present study is classified into the class of survey papers. To collect data relevant to the research objective, the following keywords are searched in trustworthy domestic and foreign scientific databases and Google scholar: open data ecosystem, open data innovation, competitive value creation based on open data, innovation creation based on open data, open data applications, and similar keywords. Then, resources related to open data and data-based innovation are extracted using the snowball method with a maximal approach. In total, 25 published external references from 2014 to 2021 are selected with relative comprehensiveness on the subject. The time frame and screening process are not applied in search of Persian references, due to the small number of internal research.
Findings: 30 case studies including 5 internal studies and 25 external studies were included in the present study in order to analyze innovation and value creation in open data ecosystems. The results of resource analysis are presented in the following distinct sections: 1) Identifying key components and dimensions in open data applications 2) Identifying the components and requirements of an open data ecosystem 3) Creating value based on open data 4) Creating innovation based on open data 5) The complexities related to creating innovation based on open data.
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Conclusion: Open data-based on businesses must use data to create a transformative innovation to produce new commercialized products or services or a new value network
