Open data for economic growth continues to create buzz in all circles. We wrote about it ourselves on this blog site earlier in the year. You can barely utter the phrase without somebody mentioning the McKinsey report and the $3 trillion open data market. The Economist gave the subject credibility with its talk about a 'new goldmine.' Omidyar published a report a few months ago that made $13 trillion the new $3 trillion. The wonderful folks at New York University's GovLab launched the OpenData500 to much fanfare. The World Bank Group got into the act with this study. The Shakespeare report was among the first to bring attention to open data's many possibilities. Furthermore, governments worldwide now routinely seem to insert economic growth in their policy recommendations about open data – and the list is long and growing.
Geographic distribution of companies we surveyed. Here is the complete list.
We hope to publish a detailed report shortly but here meanwhile are a few of the regional findings in greater detail.
We hope to publish a detailed report shortly but here meanwhile are a few of the regional findings in greater detail.
We count ourselves among the believers (even as we roll our eyes over some of the numbers!), but what strikes us most about these reports is their northern focus ̶ the McKinsey report, for instance, is 'global' but concentrates almost exclusively on North America and Europe. The Shakespeare report was written for the U.K. government, and the Economist report fails to include any examples from the developing world. And the Omidyar report is broader and covers the G-20.
Read the rest at the World Bank Blog It has a lot of nice graphics depicting key findings from the data.
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