Open Data and Its Economic Potential
summary
Finds that opening data across seven sectors unleashes about $3 trillion in annual value, with roughly 30% from benchmarking and more than half of benefits flowing to consumers (price transparency, better product or health matches). Defines openness along four dimensions of liquidity — who can access it, machine readability, cost, and reuse rights — and lists practical fixes: platforms, searchable metadata, standards, privacy/security measures, and targeted pilots in healthcare, education, and government.
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