IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789819800858_0007.html
   My bibliography  Save this book chapter

Data Strategy and AI Value Creation: Dataspaces — Opportunities with ESG

In: DATA STRATEGY AND AI VALUE CREATION For Data Leaders by Data Leaders

Author

Listed:
  • Marcus Hartmann
  • Felix Baumann
  • Elisa Lederer

Abstract

This chapter provides an overview of the current developments in the European Union (EU) that require more sustainable, digital, and environmental, social, and corporate governance (ESG) conformance of business activities as well as the opportunities that come with it. With an increasingly digitized economy and sustainability reporting obligations in place, data sharing will gain in importance and become a central enabler toward a green and data-driven EU single market. Therefore, this chapter aims to cover the legislative initiatives pushing for the use of dataspaces. It also provides an overview of the current dataspace landscape and the stakeholders who actively shape the usability, understanding, and technical frameworks to bring dataspaces to life. Additionally, it explores the risks and opportunities associated with the commercial use of dataspaces for ESG reporting in different industries and showcases examples of both functioning dataspaces that came to life and those that remained an idea. Ultimately, this chapter carves out ESG-related options and considerations for value creation for Chief Data Officers (CDOs) working in European companies or within companies operating in the EU single market.

Suggested Citation

  • Marcus Hartmann & Felix Baumann & Elisa Lederer, 2025. "Data Strategy and AI Value Creation: Dataspaces — Opportunities with ESG," World Scientific Book Chapters, in: Wai Fong Boh & Chee Hua (Neumann) Chew & Thara Ravindran (ed.), DATA STRATEGY AND AI VALUE CREATION For Data Leaders by Data Leaders, chapter 7, pages 91-114, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789819800858_0007
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789819800858_0007
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789819800858_0007
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Data Strategy; Data Governance; Data Quality; Privacy Protection; Artificial Intelligence; Generative AI; Business Value; Innovation; Digital Transformation; Regulations;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789819800858_0007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.