Data value networks: Enabling a new data ecosystem

With the increasing permeation of data into all dimensions of our information society, data is progressively becoming the basis for many products and services. It is hence becoming more and more vital to identify the means and methods how to exploit the value of this data. In this paper we provide our definition of the Data Value Network, where we specifically cater for non-tangible data products. We also propose a Demand and Supply Distribution Model with the aim of providing insight on how an entity can participate in the global data market by producing a data product, as well as a concrete implementation through the Demand and Supply as a Service. Through our contributions we project our vision of generating a new Economic Data Ecosystem that has the Web of Data as its core.