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This paper aims to investigate the literacy corpus regarding the potential of big data to improve public decision-making processes and direct these processes toward the creation of public value. This paper presents a map of current knowledge in a sample of selected articles and explores the intersecting points between data from the private sector and the public dimension in relation to benefits for society.

A bibliometric analysis was performed to provide a retrospective review of published content in the past decade in the field of big data for the public interest. This paper describes citation patterns, key topics and publication trends.

The findings indicate a propensity in the current literature to deal with the issue of data value creation in the private dimension (data as input to improve business performance or customer relations). Research on data for the public good has so far been underestimated. Evidence shows that big data value creation is closely associated with a collective process in which multiple levels of interaction and data sharing develop between both private and public actors in data ecosystems that pose new challenges for accountability and legitimation processes.

The bibliometric method focuses on academic papers. This paper does not include conference proceedings, books or book chapters. Consequently, a part of the existing literature was excluded from the investigation and further empirical research is required to validate some of the proposed theoretical assumptions.

Although this paper presents the main contents of previous studies, it highlights the need to systematize data-driven private practices for public purposes. This paper offers insights to better understand these processes from a public management perspective.

Media users daily exchange personal data for “free” personalised media. Is this a fair trade, or user “exploitation”? Do personalisation benefits outweigh privacy risks?

This study surveyed experts in three consecutive online rounds (e-Delphi). The authors explored personal data processing value for media, personalisation relevance, benefits and risks for users. The authors scrutinised the value-exchange between media and users and determined whether media communicate transparently, or use “dark patterns” to obtain more personal data.

Communication to users must be clear, correct and concise (prevent user deception). Experts disagree on “payment” with personal data for “free” personalised media. This study discerned obstacles and solutions to substantially balance the interests of media and users (fair value exchange). Personal data processing must be transparent, profitable to media and users. Media can agree “sector-wide” on personalisation transparency. Fair, secure and transparent information disclosure to media is possible through shared responsibility and effort.

This study’s innovative contribution is threefold: Firstly, focus on professional stakeholders’ opinion in the value network. Secondly, recommendations to clearly communicate personalised media value, benefits and risks to users. This allows media to create codes of conduct that increase user trust. Thirdly, expanding literature explaining how media realise personal data value, deal with stakeholder interests and position themselves in the data processing debate. This research improves understanding of personal data value, processing benefits and potential risks in a regional context and European regulatory framework.

The purpose of this paper is to develop a model to estimate the value of information generated by and stored within vehicles to help people, businesses and researchers.

The authors provide a taxonomy for data within connected vehicles, as well as for actors that value such data. The authors create a monetary value model for different data generation scenarios from the perspective of multiple actors.

Actors value data differently depending on whether the information is kept within the vehicle or on peripheral devices. The model shows the US connected vehicle data market is worth between US$11.6bn and US$92.6bn.

This model estimates the value of vehicle data, but a lack of academic references for individual inputs makes finding reliable inputs difficult. The model performance is limited by the accuracy of the authors’ assumptions.

The proposed model demonstrates that connected vehicle data has higher value than people and companies are aware of, and therefore we must secure these data and establish comprehensive rules pertaining to data ownership and stewardship.

Estimating the value of data of vehicle data will help companies understand the importance of responsible data stewardship, as well as drive individuals to become more responsible digital citizens.

This is the first paper to propose a model for computing the monetary value of connected vehicle data, as well as the first paper to provide an estimate of this value.

This paper aims to define a conceptual framework for transforming Big Data into organizational value by focussing on the perspectives of service science and activity theory. In coherence with the agenda on evolutionary research on intellectual capital (IC), the study also provides momentum for researchers and scholars to explore emerging trends and implications of Big Data for IC management.

The paper adopts a qualitative and integrated research method based on a constructive review of existing literature related to IC management, Big Data, service science and activity theory to identify features and processes of a conceptual framework emerging at the intersection of previously identified research topics.

The proposed framework harnesses the power of Big Data, collectively created by the engagement of multiple stakeholders based on the concepts of service ecosystems, by using activity theory. The transformation of Big Data for IC management addresses the process of value creation based on a set of critical dimensions useful to identify goals, main actors and stakeholders, processes and motivations.

The paper indicates how organizational values can be created from Big Data through the co-creation of value in service ecosystems. Activity theory is used as theoretical lens to support IC ecosystem development. This research is exploratory; the framework offers opportunities for refinement and can be used to spearhead directions for future research.

The paper proposes a framework for transforming Big Data into organizational values for IC management in the context of entrepreneurial universities as pivotal contexts of observation that can be replicated in different fields. The framework provides guidelines that can be used to help organizations intending to embark on the emerging paradigm of Big Data for IC management for their competitive advantages.

The paper’s originality is in bringing together research from Big Data, value co-creation from service ecosystems and activity theory to address the complex issues involved in IC management. A further element of originality offered involves integrating such multidisciplinary perspectives as a lens for shaping the complex process of value creation from Big Data in relationship to IC management. The concept of how IC ecosystems can be designed is also introduced.

This study aims to construct mechanisms of big data-driven business model innovation from the market, strategic and economic perspectives and core logic of business model innovation.

The authors applied deductive reasoning and case analysis method on manufacturing firms in China to validate the mechanisms.

The authors have developed an integrated framework to deduce the elements of big data-driven business model innovation. The framework comprises three elements: perspectives, business model processes and big data-driven business model innovations. As we apply the framework on to three Chinese companies, it is evident that the mechanisms of business model innovation based on big data is a progressive and dynamic process.

The case sample is relatively small, which is a typical trade-off in qualitative research.

A robust infrastructure that seamlessly integrates internet of things, front-end customer systems and back-end production systems is pivotal for companies. The management has to ensure its organization structure, climate and human resources are well prepared for the transformation.

When provided with a convenient crowdsourcing platform to provide feedback and witness their suggestions being implemented, users are more likely to share insights about their use experience.

Extant studies of big data and business model innovation remain disparate. By adding a new dimension of intellectual and economic resource to the resource-based view, this paper posits an important link between big data and business model innovation. In addition, this study has contributed to the theoretical lens of value by contextualizing the value components of a business model and providing an integrated framework.

The purpose of this paper is to examine the possible implications of applying the infonomics methodology and measurement model within records and information management (RIM) to reduce organizations’ electronic footprint. By analyzing content using infonomics, it is possible for RIM managers in the private sector to keep only information with the highest value and change their behavior around keeping content beyond its infonomic value. This, in turn, may reduce the stress upon natural resources that are used in maintaining information data centers.

This paper examines different theories of evaluating information value and describes the role of infonomics in analyzing information as an asset to minimize its electronic footprint. Its focus is on the implications of applying a set of measurements that go beyond the information valuing models currently used in RIM; thereby, this study addresses how information that has superseded its business value may be eliminated.

This paper concludes that infonomics could elevate RIM function and alter how RIM managers within the private sector value information. Further, the inclusion of infonomics into RIM models may create new roles for RIM managers and extend the influence and reach of RIM. This may also lead to valuing all content and eliminating content that no longer has any business value. This may also eliminate the need for large data storage centers that harness and exhaust nonrenewable resources. Future developments must be watched and analyzed to see if this becomes a norm.

This paper will be of interest to stakeholders responsible for valuing information, appraisal of information, life-cycle management, records management, InfoSec and big data analytics.

The work is original but parts of this subject have been previously addressed in another study.

Medical research requires biological material and data collected through biobanks in reliable processes with quality assurance. Medical studies based on data with unknown or questionable quality are useless or even dangerous, as evidenced by recent examples of withdrawn studies. Medical data sets consist of highly sensitive personal data, which has to be protected carefully and is available for research only after the approval of ethics committees. The purpose of this research is to propose an architecture to support researchers to efficiently and effectively identify relevant collections of material and data with documented quality for their research projects while observing strict privacy rules.

Following a design science approach, this paper develops a conceptual model for capturing and relating metadata of medical data in biobanks to support medical research.

This study describes the landscape of biobanks as federated medical data lakes such as the collections of samples and their annotations in the European federation of biobanks (Biobanking and Biomolecular Resources Research Infrastructure – European Research Infrastructure Consortium, BBMRI-ERIC) and develops a conceptual model capturing schema information with quality annotation. This paper discusses the quality dimensions for data sets for medical research in-depth and proposes representations of both the metadata and data quality documentation with the aim to support researchers to effectively and efficiently identify suitable data sets for medical studies.

This novel conceptual model for metadata for medical data lakes has a unique focus on the high privacy requirements of the data sets contained in medical data lakes and also stands out in the detailed representation of data quality and metadata quality of medical data sets.

Relatively little microcomputer software has been designed specifically for the storage and retrieval of bibliographic data. Information retrieval packages for mainframes and minicomputers have been scaled down to run on microcomputers, however, these programs are expensive, unwieldy, and inflexible. For this reason, microcomputer database management systems (DBMS) are often used as an alternative. In this article, criteria for evaluating DBMS used for the storage and retrieval of bibliographic data are discussed. Two popular types of microcomputer DBMS, file management systems and relational database management systems, are evaluated with respect to these criteria. File management systems are appropriate when a relatively small number of simple records are to be stored, and retrieval time for multi‐valued data items is not a critical factor. Relational database management systems are indicated when large numbers of complex records are to be stored, and retrieval time for multi‐valued data items is critical. However, successful use of relational database management systems often requires programming skills.

The purpose of this paper is to examine how managers orchestrate, bundle and leverage resources from big data for value creation in emerging economies.

The authors grounded the theoretical framework in two perspectives: the resource management and entrepreneurial orientation (EO). The study utilizes an inductive, multiple-case research design to understand the process of creating value from big data.

The findings suggest that EO is vital through which companies based in emerging economies can create value through big data by bundling and orchestrating resources thus improving performance.

This is one of the first studies to have integrated resource orchestration theory and EO in the context of big data and explicate the utility of such theoretical integration in understanding the value creation strategies through big data in the context of emerging economies.

With the help of “self-learning” algorithms and high computing power, companies are transforming Big Data into artificial intelligence (AI)-powered information and gaining economic benefits. AI-powered information and Big Data (simply data henceforth) have quickly become some of the most important strategic resources in the global economy. However, their value is not (yet) formally recognized in financial statements, which leads to a growing gap between book and market values and thus limited decision usefulness of the underlying financial statements. The objective of this paper is to identify ways in which the value of data can be reported to improve decision usefulness.

Based on the authors' experience as both long-term practitioners and theoretical accounting scholars, the authors conceptualize and draw up a potential data value chain and show the transformation from raw Big Data to business-relevant AI-powered information during its process.

Analyzing current International Financial Reporting Standards (IFRS) regulations and their applicability, the authors show that current regulations are insufficient to provide useful information on the value of data. Following this, the authors propose a Framework for AI-powered Information and Big Data (FAIIBD) Reporting. This framework also provides insights on the (good) governance of data with the purpose of increasing decision usefulness and connecting to existing frameworks even further. In the conclusion, the authors raise questions concerning this framework that may be worthy of discussion in the scholarly community.

Scholars and practitioners alike are invited to follow up on the conceptual framework from many perspectives.

The framework can serve as a guide towards a better understanding of how to recognize and report AI-powered information and by that (a) limit the valuation gap between book and market value and (b) enhance decision usefulness of financial reporting.

This article proposes a conceptual framework in IFRS to regulators to better deal with the value of AI-powered information and improve the good governance of (Big)data.