4. 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
7. 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
10. 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
11. 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.
13. 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
14. 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