Money for nothing

data for free

Hard facts about the economic power of

Open Government Data

Growth of data portals

World Map of Open Government Data Initiatives

Source: Semantic Web Company

Paper structure

Numbers Numbers

Theoretical Implications

Use Cases

Theoretical economic implications of OGD

Framework for theoretical implications of OGD

applications (APPS)

data integration within the economy

reduced transaction costs

Free data as a source in a value network

innovations by start-up companies

economic growth through innovation

additional tax revenues through economic growth

Value chains of OGD

OGD – input to management decisions

Dimensions of indicators

addition

reality

national

potential savings

division

potential

local

new applications

Numbers € ₤ $

Source: Rob-Wie @flickr

Economic benefit of OGD

mainly based on a study from the

European Union (EU)

for stakeholders: actual economic benefits

and the potential for a special region.

standard measurements are still missing

dense collection of already existing hard

facts from various available studies

Numbers € ₤ $

source: raymaclean@flickr

source: raymaclean@flickr

value

Save of

costs

Taxes amount

Growth in sale

benefit

Numbers € ₤ $

region fact amount or % period

World taxes amount for Google API + % of profit

EU27 gains from PSI apps € 140 bill p.a.

EU potential value of OGD € 30 - 40 bill p.a.

Austria growth in sale since OGD observed by a company + 5%

Austria save of development costs € 5.488 per app

Austria - Vienna save of development costs € 455.504 2 years

Austria economic gains derived from EU numbers by GDP

and inhabitants

€ 0.5 - 1.1 bill p.a.

Austria economic gains derived from EU numbers by GDP € 2.8 mio p.a.

Austria / Vienna potential value of OGD € 3.7 /€ 44.4 mio p.a.

Denmark worth of re-use of public data € 80 mio p.a.

Germany market for geo-information € 1,4 bill p.a.(2007)

Netherlands arising taxes amount from meteorological data + 750%

Spain Reuse of PSI by the infomediary business sector € 550 mio. p.a. (2009)

United Kingdom (UK) value of public sector information £16 bn p.a. (2011)

United Kingdom (UK) additional economic value £ 1.6 - 6.0 bill p.a.

UK– Greater Manchester additional economic value £ 6 mio p.a.

Canada - Vancouver revenue opening public transport data CAN$ 2.6 mio 5 years

United States Apps for Democracy – market value US$ 2.3 mio 30 days

Unites States global weather risk market US$ 11,8 bill p.a. (2011)

Summary of numeric facts

Economic Value

Study from the EU commission:

40 Mrd. € annual potential for the EU

Derived for Austria ≈ 0,9 bill. €

Source: Vickery, G.: Review of recent studies on PSI re-use and related market developments, 2011.

Calculation

Danube University Krems

creation effort Effort *

developers hour

opportunity

expenses

Average

application 68,6 hours 68,6 * € 80.- € 5.488.-

38 apps

(Sep 2012) 2.606,8 hours 2.606,8 * € 80.- € 208.544.-

84 apps

(Apr 2013) 5.762,4hours 5.762,4 *€ 80.- € 460.992.-

Calculation

Business University Vienna

costs per year 115.637 €

cost multiplier 1,5

benefit multiplier 8

elasticity of demand 2

benefit: (115.637x1,5)x8x2

benefit Vienna: 2.775.288 €

benefit Austria: 12.215.872 €

Benefit: Costs x cost multiplier x benefit multiplier x elasticity of demand

0,42%

100%

21,33%

100%

Exploitation Austria:

Potential Austria:

Exlpoitation Vienna:

Potential Vienna:

Actual exploitation

This work is licenced under Creative Commons Namensnennung 3.0 Österreich Lizenz.

The attribution of the rights owner has to be done in the following manner:

„Brigitte Lutz & Gregor Eibl 2013"

Brigitte Lutz Gregor Eibl

brigitte.lutz@wien.gv.at gregor.eibl@bka.gv.at

wien.gv.at www.bka.gv.at

data.wien.gv.at data.gv.at

Clear benefits for the citizens

Added value for the business location