Two papers from TU Delft, entitled “Business Data Sharing through Data Marketplaces: A Systematic Literature Review” and “Creating a Taxonomy of Business Models for Data Marketplaces,” have been accepted for publication in the proceedings of the 34th Bled eConference. In addition, TU Delft will also give two presentations at this conference (held on June 27 – June 30, 2021).
The first paper provides an overview of the state of the art of data marketplace research. This study closely correlates with the TRUSTS work in D2.1 “Definition and analysis of the EU and worldwide data market trends and industrial needs for growth.” We studied 137 articles from the Scopus database and structured our analysis using the Service-Technology-Organization-Finance (STOF) model. We find that the extant data marketplace literature is primarily dominated by technical research. To move past the first stage of the platform’s lifecycle (i.e., platform design) to the second stage (i.e., platform adoption), we call for empirical research in non-technological areas, such as value networks and organizational arrangements. The finding that more research is needed from a non-technical angle is well in line with the TRUSTS approach of multidisciplinary – as a functioning data economy can only be achieved by addressing technical, business, and legal/ethical issues.
The second paper discusses a business model taxonomy for data marketplaces. The paper relates to the TRUSTS work in D7.1 “Sustainable Business Model for TRUSTS Data Marketplace I.” The taxonomy development is relevant because we need to know what kind of data marketplaces the TRUSTS platform will federate or interoperable with. In this study, we argue that data marketplaces are vastly different so that a taxonomy can be used to classify data marketplaces. The final taxonomy comprises of 4 meta-dimensions, 17 business model dimensions, and 59 business model characteristics. The taxonomy can classify data marketplace business models and shed light on how data marketplaces are a unique type of digital platform. The results of this research provide a basis for theorizing in this rapidly evolving domain that is quickly becoming important.
Abbas, A. E., Agahari, W., Van de Ven, M., Zuiderwijk, A., & de Reuver, M. (2021). Business Data Sharing through Data Marketplaces: A Systematic Literature Review. Paper presented at the 34th Bled eConference – Digital Support from Crisis to Progressive Change, Online.
van de Ven, M., Abbas, A. E., Kwee, Z., & de Reuver, M. (2021). Creating a Taxonomy of Business Models for Data Marketplaces. Paper presented at the 34th Bled eConference – Digital Support from Crisis to Progressive Change, Online.
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