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Data Properties: Metadata as an Economic Good

  • Creator
    Discussion
  • #134251

    Rebecca Koskela
    Participant

     

    Collaborative Notes Link:  https://drive.google.com/open?id=10Oh4pj_w4zotS7bqu7zrafE_PULAGXDg6WzmB3Bur1k​​​

    The meeting agenda has four key components:
    1. Welcome and Session Goals

    Around the room introductions
    Session Leaders Rebecca Koskela (Metadata IG) and Jane Greenberg (Data Economics IG) will share background and objectives of the joint session.

    2. Lightning talks (3 minutes each) to seed session discussion

    Selected representatives from the selected RDA IGs will:

    Offer a definition of the value of data and metadata

    Share an approach or potential approach to measuring value that could be applied to metadata.

    Participants are being selected from the following IGs:  1) Metadata IG, 2) Data Economics IG, 3) Big Data IG, and 4) Vocabulary Services IG.
    3. Session members will break into smaller groups to collaborate on:

    One or more definitions for the value of data and metadata
    One or more approaches that may be used (or have been used) for measuring value that could be applied to metadata? 

    4. Group report outs. The last 20 minutes of the joint session will include group report-outs and an overall discussion.

    1. First group option
    Metadata IG

    3.Third group option
    Big Data IG

    Additional links to informative material
    Metadata Interest Group: https://www.rd-alliance.org/groups/metadata-ig.html
    Metadata Elements: https://drive.google.com/drive/folders/0B8FnM3PsoL2dd2RnYVBmcjRMYXc?usp=sharing
    Data Economics IG: https://www.rd-alliance.org/groups/data-economics-ig
    Data Properties as Economic Goods and Data Markets
    https://www.rd-alliance.org/data-properties-economic-goods-and-data-markets
    Position paper: Data as Economic Goods: Definitions, Properties, Challenges, Enabling Technologies for Future Data Markets, by Yuri Demchenko, Wouter Los, Cees de Laat,. ITU Journal: ICT Discoveries, Special Issue 2 “Data for Goods”, https://www.itu.int/en/journal/002/Documents/ITU2018-12.pdf

    Avoid conflict with the following group (1)
    Big Data IG

    Avoid conflict with the following group (3)
    RDA for the Sustainable Development Goals IG

    Estimate of the required room capacity
    75

    I declare that I have informed the chairs of all the Working / Interest groups included in this joint meeting application.
    Acknowledged

    Meeting objectives
    Metadata, as a form of data, is recognized as a valuable asset. Metadata is a cross-cutting theme of the Research Data Alliance (RDA), supporting the global organization’s mission to build “the social and technical bridges that enable open sharing and reuse of data,” (https://www.rd-alliance.org/about-rda). 
    Although there is general agreement of metadata as a valuable resource, the means by which organizations and individuals define value and view different types of metadata vary.  These differences point to the need for dialogue across the RDA community, particularly given extend of metadata activities, the many efforts of the Metadata Interest Group (IG), the adoption FAIR (Findable – Accessible – Interoperable – Reusable) principles, and the newly proposed Data Properties as Economic Goods IG (Data Economics IG). 
    The overriding goal of the proposed joint meeting is to open dialogue on the topic of metadata as an economic good. The three key objectives are to:

    Collectively discuss what ‘defines’ value for data and metadata.  (We will place the discussion in the context of economics–broadly speaking.)

    Share approaches to measuring value, and/or ideas for potentially measuring value. (This discussion will address challenges and proven approaches.) 

    Consider the topics discussed in the across the RDA, and implications for standards.

    The session will be open to all RDA attendees, and bring together members from the Metadata IG, the newly proposed Data Properties as Economic Goods (Data Economics IG), Big Data IG, Vocabulary Services IG, and Research Metadata Schemas WG.

    Privacy Policy
    1

    Target Audience
    Anyone interested in metadata for the objectives of RDA; specifically, people from domain and infrastructure groups wishing to utilize metadata for their purposes. Members of RDA metadata groups other than Metadata IG, Data in Context IG, Metadata Standards Catalog WG,  who are interested in the goals of the various RDA metadata Interest Groups and Working Groups, members of the proposed Data Economics IG, Big Data IG, and Vocabulary Services IG

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