How government can promote open data

Open data has the potential not only to transform every sector of the economy but also to unleash more than $3 trillion in global economic value annually. Government has a critical role to play.

April 2014 | byMichael Chui, Diana Farrell, and Kate Jackson

Institutions and companies across the public and private sectors have begun to release and share vast amounts of information in recent years, and the trend is only accelerating. Yet while some information is easily accessible, some is still trapped in paper records. Data may be free or come at a cost. And there are tremendous differences in reuse and redistribution rights. In short, there are degrees when it comes to just how “open” data is and, as a result, how much value it can create.

http://www.mckinsey.com/Insights/public_sector/how_government_can_promote_open_data?