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Data Financing for Global Good: A Feasibility Study

Data Financing for Global Good: A Feasibility Study

Overview

The commercial world is undergoing a broad transformation associated with recent technological developments that generate unprecedented volumes and types of data. The so-called ‘data economy’ thrives by unlocking value from the analysis of data streams that describe social and individual phenomena. However, the explosion of value that has been set off comes with its own set of social challenges, such as information security and personal privacy. Moreover, large sections of global security have yet to experience the benefits brought by these transformations.

This project, and the resulting report, assesses the feasibility of  data financing: a type of innovative financing intended to capture a small slice of the value created in the commercial exploitation of data and redirect that value towards achievement of broader social objectives.

 

Key Information

Funder:
  • The Rockefeller Foundation
  • Project dates:
    January 2016 - July 2016

    Final Report: Data Financing for Global Good

    Lehdonvirta, V., Mittelstadt, B. D., Taylor, G., Lu, Y. Y., Kadikov, A., and Margetts, H. (2016) Data Financing for Global Good: A Feasibility Study. University of Oxford: Oxford Internet Institute.

    Oll Rockefeller Data Financing for Global Good

    The project report summarises the results of a study commissioned by the Rockefeller Foundation and conducted by a multidisciplinary team based at the Oxford Internet Institute to investigate the feasibility of data financing. The purpose of the study was to take the first step in assessing whether and how data financing mechanisms might work to address global funding gaps, and what forms they could and should take. The study focused on a series of four expert workshops, bringing together stakeholders from around the world across academia, the public sector, and data-intensive industries. The result is a wide-ranging map of the issues and challenges involved, by no means exploring each avenue anywhere near to its end, but providing a chart of the general lay of the land.

    Acknowledgement: The project team would like to extend its gratitude to participants in the project’s four workshops, who provided extremely valuable insight and critical feedback without which the report would not have been possible.

    All Publications

    Lehdonvirta, V., Mittelstadt, B. D., Taylor, G., Lu, Y. Y., Kadikov, A., and Margetts, H. (2016) Data Financing for Global Good: A Feasibility Study. University of Oxford: Oxford Internet Institute.

    Participants

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    Artem Kadikov

    Law Faculty, University of Law

    Project role: Researcher

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