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The State of European Union Data Innovation    [Date Added : 10/30/2017 ]
The Center for Data Innovation think-tank has released its latest report, The State of European Union Data Innovation. Data innovation - the innovative use of data to create social and economic benefits - is making a significant mark in Europe. In economic terms, data innovation contributed about US$ 340 billion to Europe's economy in 2016 (or approximately 2 percent of GDP), and its value will likely more than double by 2020.

Across society, data innovation is creating more responsive governments, better health care, and safer cities. But European Union nations differ in the degree to which they are harnessing the benefits of data. This report uses a variety of indicators to rank EU member states and discusses why some countries are ahead and what others can do to catch up.

As with many studies of European Union nations, countries in northern Europe are more advanced than in eastern and southern Europe. In the case of data innovation, the leading European countries are: Denmark, Finland and the Netherlands.

The report makes the following recommendations for policymakers on how to improve their country’s performance in data innovation:

- Maximize the supply of reusable data: Governments should both avoid laws and regulations that stifle the supply and flow of data, such as overly burdensome data-protection rules and data-localization policies in different member states, and increase the supply of data, such as via open data and freedom-of-information policies.

- Improve infrastructure that supports data innovation: Governments should encourage the development of key technological platforms that enable data innovation, such as broadband, digital public services, smart meters, and smart cities.

- Develop data-science and data-literacy skills in workers: Governments should encourage the development of data-related skills through the education system and through professional training programs.
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