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1、 CENTER FOR DATA INNOVATION 1 Exploring Data-Sharing Models to Maximize Benefits From Data By Gillian Diebold|October 16,2023 Data-driven innovation has the potential to be a massive force for progress.Data sharing enables organizations to increase the utility and value of the data they control and
2、gain access to additional data controlled by others.This report evaluates the advantages and disadvantages of six common data-sharing models and offers recommendations for policymakers to promote greater uptake of these data-sharing models to maximize the economic and social benefits of data in the
3、United States.Individuals and organizations use data to make better decisions and obtain better insights,leading to benefits in a broad range of areas.1 But to use data to its fullest potential,individuals and organizations need to be able to combine,augment,and analyze information from different so
4、urces.In the private sector,data sharing enables businesses to innovate with partners,such as tackling common challenges and providing better experiences to consumers.In the public sector,it enables government agencies to build on information collected by other organizations to make better decisions
5、,offer personalized services,engage in evidence-based policymaking,and glean new insights.And among academics and nonprofit organizations,data sharing advances scientific breakthroughs and enables data for social good.But attaining these benefits requires enabling data sharing to its fullest potenti
6、al so that those who can use data productively have access to it.Unlike most resources,such as land or oil,data is nonrivalrous,meaning the supply of data is not reduced when others use it.Data can be used multiple times and in multiple ways by various entities without being depleted.2 While many or