The future of european companies in data economy

This report investigates European companies' readiness and attitudes towards the data economy, focusing on fair data economy principles, capabilities, and potential business benefits.

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Quick Facts
Report location: pdf
Language: English
Publisher: Sitra
Publication date: April 30, 2021
Authors: Arndt Polifke Innolink, Helena Kultanen, Jenni Laukkanen, Meiju Ahomäki, Mikko Ulander, Tanja Vierula
Geographic focus: Finland, France, Germany, Netherlands
Page count: 54

Methods

The research method involved a survey targeting large enterprises and SMEs in the Netherlands, Germany, France, and Finland. A total of 1667 responses were collected through a business decision-maker panel in April and May 2019.

(Generated with the help of GPT-4)

Key Insights

The study explores European companies' awareness and attitudes towards the data economy, their operational capabilities, and the perceived business potential of data trading. It examines the principles of a fair data economy, digital business models, and future scenarios, highlighting the challenges faced by European companies in competing with American and Chinese firms. The research also considers the practicality of a fair data label and concludes with observations on the current state and future of the data economy.

(Generated with the help of GPT-4)

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