Joint Discussion Paper Series in Economics 35-2017
In its Communication "Building a European data economy" the EU Commission discusses the introduction of a new exclusive property right on data ("data producer right") for non-personal (or anonymised) machine-generated data, and mandatory access rights to privately held data for achieving more access, transfer and reuse of data, esp. in the context of "Internet of Things" applications. This article analyzes the problem of "rights on data" from an economic perspective (incentive problem, data markets, bargaining power problems, access problems in multi-stakeholder situations) and the reasonings and proposals in the Communication from an economic perspective. Important results are that a "data producer right" cannot be recom-mended but that access rights to data can be part of specifically tailored data governance solu-tions in certain sectors.
Big Data machine-generated data data ownership data access data markets internet of things