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Towards a data quality index for data valuation in the data economy

dc.contributor.authorDokic,Dusan
dc.contributor.authorStein,Hannah
dc.contributor.editorDemmler, Daniel
dc.contributor.editorKrupka, Daniel
dc.contributor.editorFederrath, Hannes
dc.date.accessioned2022-09-28T17:10:57Z
dc.date.available2022-09-28T17:10:57Z
dc.date.issued2022
dc.description.abstractData represent a key resource for firm success, being used for strategic decision making and increasing business process efficiency. Despite the large potential of data sharing within data ecosystems or markets, firms are reluctant to do this, due to fear of losing competitive edges, lack of trust and ambiguity regarding data value. According to prior research, data value vastly depends on usage and quality. This paper focuses on data quality, as the lack of methods for quantifying data quality is one main reason for missing comprehensible data valuation approaches. We analyze 15 existing data quality indices (DQI) from theory and practice, identify relevant data quality dimensions and discuss metrics for applicability in data valuation approaches for data ecosystems and markets. Based on a quantitative study, we propose a DQI concept for developing transparent, objective data valuation methods, while providing a better understanding of inter- and intra-organizational data value.en
dc.identifier.doi10.18420/inf2022_86
dc.identifier.isbn978-3-88579-720-3
dc.identifier.pissn1617-5468
dc.identifier.urihttps://dl.gi.de/handle/20.500.12116/39593
dc.language.isoen
dc.publisherGesellschaft für Informatik, Bonn
dc.relation.ispartofINFORMATIK 2022
dc.relation.ispartofseriesLecture Notes in Informatics (LNI) - Proceedings, Volume P-326
dc.subjectdata quality index
dc.subjectdata quality metrics
dc.subjectdata economy
dc.titleTowards a data quality index for data valuation in the data economyen
gi.citation.endPage1054
gi.citation.startPage1037
gi.conference.date26.-30. September 2022
gi.conference.locationHamburg
gi.conference.sessiontitleDatenqualität und Qualitätsmetriken in der Datenwirtschaft (DQ)

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