Economic Impact of Research Data Sharing

Zoe Locke, Lead Technologist at the UK Technology Strategy Board has made an interesting post Impact of Data to their blog requesting any information on the economic impact of research data sharing. Extract as follows:

“I am currently in Manchester attending a JISC workshop on Managing Research Data…

Yesterday, there was an interesting keynote speech from the Director of the Digital Curation Centre (DCC).  However, I noted that ‘Impact’ was the 3rd reason for why researchers should care about data curation.  I asked about the meaning of impact.  In the context of the talk, impact was about whether or not the research for which the data was used got published (and had an effect on the researcher’s career).  The DCC focuses on transferring knowledge on curation into and around the higher education sector so this seems like an appropriate definition of impact.  However, given the potential socio-economic impact of research and resultant data, not to mention the business opportunities it could create (though we don’t really know where or what these are, let alone how big they might be), I can’t help feeling that we need to widen the definition to stimulate greater sharing and exploitation of data.  If businesses could generate wealth or increase the quality of life with this data then surely it would be easier for anyone to justify footing the bill for curation…

Does anyone out there have any specific case studies of money being made or saved through the exploitation of research data (specifically that data generated in a different organisation to the one exploiting it)?”

You will need to register with the Connect Network to post a reply to Zoe direct but I am happy to forward any examples readers may add as comments to this posting on the Charles Beagrie blog.

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