TY - GEN
T1 - Data and Information Flows
T2 - 3rd International Conference on Cloud and Big Data Computing, ICCBDC 2019
AU - Faccia, Alessio
PY - 2019/8/28
Y1 - 2019/8/28
N2 - Timely access to data and information has always been the key to the success of every business. A merchant who can find goods, before anyone else, at a lower price, may succeed in obtaining a higher profit margin for the resale, the researcher who first manages to discover a chemical formula or to invent a new design, can sale a new product. Therefore, science must always face a terrible trade-off between the private need to make profits and the social opportunity of scientific development. Information and knowledge undoubtedly represent a valuable competitive advantage for those who hold them [1-2]. The data holders, in order to continue to benefit from this advantage, try in every way to protect their secrecy. Innovation is a creative process, generated by the human mind, driven by completely different potential factors. Some economic theories claim that innovation is driven by competition. Conversely, other more recent theories highlight the advantages produced by information sharing [3-6]. In this research paper, the author provides a systematic overview of the main factors that (a) influence decisions, (b) limit the development and dissemination of ideas [7], (c) guarantee economic growth. The analysis provided represents an effective tool for companies and policy makers to understand the standard patterns of the data and information flows and the key factors that drive the innovation, the development, and the growth of the world economy.
AB - Timely access to data and information has always been the key to the success of every business. A merchant who can find goods, before anyone else, at a lower price, may succeed in obtaining a higher profit margin for the resale, the researcher who first manages to discover a chemical formula or to invent a new design, can sale a new product. Therefore, science must always face a terrible trade-off between the private need to make profits and the social opportunity of scientific development. Information and knowledge undoubtedly represent a valuable competitive advantage for those who hold them [1-2]. The data holders, in order to continue to benefit from this advantage, try in every way to protect their secrecy. Innovation is a creative process, generated by the human mind, driven by completely different potential factors. Some economic theories claim that innovation is driven by competition. Conversely, other more recent theories highlight the advantages produced by information sharing [3-6]. In this research paper, the author provides a systematic overview of the main factors that (a) influence decisions, (b) limit the development and dissemination of ideas [7], (c) guarantee economic growth. The analysis provided represents an effective tool for companies and policy makers to understand the standard patterns of the data and information flows and the key factors that drive the innovation, the development, and the growth of the world economy.
KW - Big data
KW - Data management
KW - Data security
KW - Investment return
KW - Sharing information
UR - http://www.scopus.com/inward/record.url?scp=85074373059&partnerID=8YFLogxK
U2 - 10.1145/3358505.3358508
DO - 10.1145/3358505.3358508
M3 - Conference proceeding
AN - SCOPUS:85074373059
T3 - ACM International Conference Proceeding Series
SP - 54
EP - 59
BT - ICCBDC 2019 - Proceedings of 2019 3rd International Conference on Cloud and Big Data Computing
PB - Association for Computing Machinery
Y2 - 28 August 2019 through 30 August 2019
ER -