The economics of open data refers to the production, or loss, of wealth related to the use of open data. The cost of open data is a primary concern that can deter governments any companies from the opening up of data.[1] While open data may theoretically have a low production cost, the cost of creating the original data set as well as maintaining that data once it is produced can be expensive.[1] Though the creation of data may be expensive governments around the world such as France, the United States, and Japan, are anticipating substantial economic growth.[2]
- ^ a b Kitchen, Rob (2014). The data revolution: big data, open data, data infrastructures & their consequences. London: Sage. p. 57.
- ^ Takagi, Soichiro (2014-12-11). "Research Note: An Introduction to the Economic Analysis of Open Data". The Review of Socionetwork Strategies. 8 (2): 119–128. doi:10.1007/s12626-014-0048-6. ISSN 1867-3236. S2CID 207436463.