Data and Information Flows: Assessing Threads and Opportunities to Ensure Privacy and Investment Returns

Alessio Faccia

    Research output: Chapter in Book/Report/Conference proceedingConference proceedingpeer-review

    10 Citations (Scopus)
    437 Downloads (Pure)

    Abstract

    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.

    Original languageEnglish
    Title of host publicationICCBDC 2019 - Proceedings of 2019 3rd International Conference on Cloud and Big Data Computing
    Publisher Association for Computing Machinery
    Pages54-59
    Number of pages6
    ISBN (Electronic)9781450371650
    DOIs
    Publication statusPublished - 28 Aug 2019
    Event3rd International Conference on Cloud and Big Data Computing, ICCBDC 2019 - Oxford, United Kingdom
    Duration: 28 Aug 201930 Aug 2019

    Publication series

    NameACM International Conference Proceeding Series

    Conference

    Conference3rd International Conference on Cloud and Big Data Computing, ICCBDC 2019
    Country/TerritoryUnited Kingdom
    CityOxford
    Period28/08/1930/08/19

    Keywords

    • Big data
    • Data management
    • Data security
    • Investment return
    • Sharing information

    ASJC Scopus subject areas

    • Software
    • Human-Computer Interaction
    • Computer Vision and Pattern Recognition
    • Computer Networks and Communications

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