Top Stories published by Mydex in 2019

What is the economic value of data?

We ask this question because the UK’s Treasury is asking it, to inform the development of a National Strategy for Data. If we get the answers wrong, we could spend many years in the doldrums. But if we get them right, huge new opportunities could be opened up.


A National Strategy for Personal Data

In its discussion paper on the Economic Value of Data the Treasury makes three observations about today’s data status quo:

  1. innovative uses of data can generate powerful positive externalities that may not always accrue to the data creator…

The Treasury on the Economic Value of Data

Late in 2018 the UK’s Treasury published a discussion paper on the Economic Value of Data. The Paper commits the UK Government to holding “a wider set of conversations that government … over the coming year, as we develop a new National Data Strategy”.