This document discusses open data solutions and their potential for economic development. It defines open data as data that can be freely used, reused and redistributed by anyone subject to attribution and sharing requirements. Open data is having a positive impact in areas like transparency, innovation and efficiency. Legally, open data is driven by non-commercial intellectual property rights and licensing terms of use. Municipalities hold valuable land and property data that could be opened to spur economic development if pooled and shared with private partners while protecting privacy. Overall open data promotes local innovation, job creation and helps site selectors evaluate investment opportunities.