Open Data and Economic Growth
Andrew Stott
Senior Consultant
World Bank
Washington DC
23 July 2014 v0.3
@dirdigeng
andrew....
Why is Open Data beneficial?
2
New Data-Driven Services
3
estate
agents/
realtors
Financial
services
builders and
other local
services
Greater Efficiency
4
Better Decisions
5
The Size of the Potential Prize
6
McKinsey Global Institute
7
European Commission: Vickery & Deloitte
 Open Gov Data in EU would
‒ increase business activity by up to €40 Bn/yr
‒ have...
Omidyar/Lateral Economics
9
Possible Benefits of Open Data
10
Date Study Total
(%GDP)
2013 McKinsey 4.1
2011 EC 1.5
2014 Lateral Economics 1.1
2013 Sh...
What are the Open Data
Businesses
11
Suppliers
12
2004 2010
Online
publications
Pay per use Free of charge
Downloads 130,300 1,093,000
Premium
Accounts
36 69
P...
Aggregators
13
Developers
14
Enrichers
15
Enablers
16
Measuring Benefits is not easy
17
Timescale?
18
Which data is most valuable or
most widely valuable?
19
Geospatial Reference Data: Maps & Addresses
20
Transport Information
21
Census and other detailed statistics
22
Government Spending and Procurement
23
Weather Data
National Information Infrastructure
25
How can Governments achieve
the benefits?
26
Government as Supplier
27
Government as Leader
28
Government as Catalyst
29
Government as User
30
Further Details
http://blogs.worldbank.org/ic4d/o
pen-data-economic-growth-
latest-evidence
31
Thank you
32
33
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Open Data and Economic Growth: The Latest Evidence

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Presentation to a World Bank conference on 23 July 2014. More detailed paper at http://blogs.worldbank.org/ic4d/open-data-economic-growth-latest-evidence

Published in: Government & Nonprofit

Open Data and Economic Growth: The Latest Evidence

  1. 1. Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.3 @dirdigeng andrew.stott@dirdigeng.com
  2. 2. Why is Open Data beneficial? 2
  3. 3. New Data-Driven Services 3 estate agents/ realtors Financial services builders and other local services
  4. 4. Greater Efficiency 4
  5. 5. Better Decisions 5
  6. 6. The Size of the Potential Prize 6
  7. 7. McKinsey Global Institute 7
  8. 8. European Commission: Vickery & Deloitte  Open Gov Data in EU would ‒ increase business activity by up to €40 Bn/yr ‒ have total benefits up to €200 Bn/yr  Open Data was reused 10x-100x  New types of re-users, in particular SMEs.  Costs increase very little 8
  9. 9. Omidyar/Lateral Economics 9
  10. 10. Possible Benefits of Open Data 10 Date Study Total (%GDP) 2013 McKinsey 4.1 2011 EC 1.5 2014 Lateral Economics 1.1 2013 Shakespeare 0.4 Normalised using IMF, World Bank and OECD data
  11. 11. What are the Open Data Businesses 11
  12. 12. Suppliers 12 2004 2010 Online publications Pay per use Free of charge Downloads 130,300 1,093,000 Premium Accounts 36 69 Premium analyses 78,000 EUR 152,000 EUR
  13. 13. Aggregators 13
  14. 14. Developers 14
  15. 15. Enrichers 15
  16. 16. Enablers 16
  17. 17. Measuring Benefits is not easy 17
  18. 18. Timescale? 18
  19. 19. Which data is most valuable or most widely valuable? 19
  20. 20. Geospatial Reference Data: Maps & Addresses 20
  21. 21. Transport Information 21
  22. 22. Census and other detailed statistics 22
  23. 23. Government Spending and Procurement 23
  24. 24. Weather Data
  25. 25. National Information Infrastructure 25
  26. 26. How can Governments achieve the benefits? 26
  27. 27. Government as Supplier 27
  28. 28. Government as Leader 28
  29. 29. Government as Catalyst 29
  30. 30. Government as User 30
  31. 31. Further Details http://blogs.worldbank.org/ic4d/o pen-data-economic-growth- latest-evidence 31
  32. 32. Thank you 32
  33. 33. 33

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