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Data Capital - How Data is Reinventing Capital for Globalization (Hardcover, 1st ed. 2021)
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Data Capital - How Data is Reinventing Capital for Globalization (Hardcover, 1st ed. 2021)
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This book defines and develops the concept of data capital. Using
an interdisciplinary perspective, this book focuses on the key
features of the data economy, systematically presenting the
economic aspects of data science. The book (1) introduces an
alternative interpretation on economists' observation of which
capital has changed radically since the twentieth century; (2)
elaborates on the composition of data capital and it as a factor of
production; (3) describes morphological changes in data capital
that influence its accumulation and circulation; (4) explains the
rise of data capital as an underappreciated cause of phenomena from
data sovereign, economic inequality, to stagnating productivity;
(5) discusses hopes and challenges for industrial circles, the
government and academia when an intangible wealth brought by data
(and information or knowledge as well); (6) proposes the
development of criteria for measuring regulating data capital in
the twenty-first century for regulatory purposes by looking at the
prospects for data capital and possible impact on future society.
Providing the first a thorough introduction to the theory of data
as capital, this book will be useful for those studying economics,
data science, and business, as well as those in the financial
industry who own, control, or wish to work with data resources.
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