Data, Digital assets and Platforms for innovation
The World Conference on Intellectual Capital for Communities 12th Edition
Organised by The European Chair on Intellectual Capital, the University Paris-Sud
July 12 & 13
With a Regional Focus
Venue : UNESCO Headquarters,
7 Place de Fontenoy , 75007, Paris
(Rooms IV & 7)
The central theme of the 12th Edition of the World Intellectual Capital (IC) Conference is “data, digital assets and platforms”. Given the ubiquity of digitality within and around firms and organizations, the scope and scale of the debate on IT value creation has changed dramatically. It no longer concerns the level of investment in specific, identified and localized IT functions, instead it is about investing in a new source of growth and defining its control modalities: data. A recent report by OECD highlights that the market for data analytics is already substantial, and anticipates that globally it will grow from USD 3 billion in 2010 to USD 17 billion in 2015 (OECD, 2014). It also considers the significant challenges posed by data leveraging for economies, in terms of both demand and supply. From the demand side, the major issues relate to the development of skills and organizational change within the firm, a point that was highlighted in the discussion of organizational design (Galbraith, 2013). Supply side issues relate to investment in broadband, data access, and cloud computing. Finally, from the societal point of view, the major issues relate to market concentration, loss of autonomy and freedom, security, inequality and change in job markets.
The stakes and opportunities for data-driven societies appear to be very high. An important question relates to how firms can take advantage of these changes. There is a need to develop frameworks and tools that can assess the potential for data-driven innovation and value creation.
Ahmed Bounfour, Professor, European Chair on Intellectual Capital