Structured Literature Review: Data Markets


Research focus: Big Data and Service Science
Courses of study: Related Disciplines, Business Informatics, Industrial Engineering and Management

Job Description

Data is a valuable asset, that fuels our economy. Recent Figures show that the Data Economy contributes approximately 2,6%  to the GDP of the EU28 in 2018 and has an high-above average growth rate of round about 12% [1]. Nonetheless, Data is a commodity in its infancy and markets for data are still immature. Approaches to monetize data will facilitate the exchange of data between companies and thus increase the value of data [2].

Your Responsibilities

Although a young topic, there already exist a lot of scientific papers about data markets. From theoretical thoughts about the nature of data as a product some properties of data markets can be deduced, e.g., [3, 4]. In this thesis, a structured literature review [5] on data markets should be conducted. The primary goal of the thesis is to identify and rank common theses about how data markets work.

Your Profile

good English proficiency


If you are interested, send your application (short motivation (ca. 10 sentences), recent , Curriculum vitae) or your queries to:

Wolfgang Badewitz

Job Description

Preliminary Literature:

  1.  Cattaneo, G., Micheletti, G., Pepato, C.: Data as the Engine of Europe’s Digital Future. 54 (2019).
  2.  Woerner, S.L., Wixom, B.H.: Big Data: Extending the Business Strategy Toolbox. J. Inf. Technol. 30, 60–62 (2015).
  3. Bohli, J.M., Sorge, C., Westhoff, D.: Initial observations on economics, pricing, and penetration of the Internet of Things market. Comput. Commun. Rev. 39, 50–55 (2009).
  4. Moody, D.M., Walsh, P.: Measuring the Value Of Information-An Asset Valuation Approach. ECIS. 496–512 (1999).
  5. Webster, J., Watson, R.T.: Analyzing the Past to Prepare for the Future: Writing a Literature Review on JSTOR. MIS Q. 26, 13–23 (2002).