In the new digital economy the problem of data protection is not only heatedly debated but also has become the subject of academic research. New business models are emerging based on the current digital transformation of manufacturing and the digital transformation of many smart products. These smart products, such as autonomous cars, collect a huge number of data. The question arises: Who owns the data and how should the access to these data be regulated? JOSEF DREXL is interested in the future regulation of the data economy and explores the question of how we can generate or enable markets to emerge that are built on the use of data. As he explains in this video, his research group suggests – based on their analysis of the workings of the market – that the concept of ownership is not needed in this context and that a targeted access to property rights should be introduced into the regulations.
DOI:
https://doi.org/10.21036/LTPUB10495
Institution
Max Planck Institute for Innovation and Competition
The Max Planck Institute for Innovation and Competition is committed to fundamental legal and economic research on processes of innovation and competition and their regulation. The research focuses on the incentives, determinants and implications of innovation. With an outstanding international team of scholars and excellent scientific and administrative infrastructure including our renowned library, the Institute hosts academics from all over the world and actively promotes young researchers. The Institute informs and guides legal and economic discourse on an impartial basis. As an independent research institution, it provides evidence-based research results to academia, policymakers, the private sector as well as the general public.
Original publication
Neue Regeln für die Europäische Datenwirtschaft? Ein Plädoyer für einen wettbewerbspolitischen Ansatz – Teil 1
Neue Zeitschrift für Kartellrecht
Published in 2017
Neue Regeln für die Europäische Datenwirtschaft? Ein Plädoyer für einen wettbewerbspolitischen Ansatz – Teil 2
Neue Zeitschrift für Kartellrecht
Published in 2017
Beyond
A Ground-breaking Scientific Revolution
An Alarming Challenge for Society
If I Had a Second Life
A Personal Reading Recommendation
Playlist:
Innovation
8 videos in this playlist