In 2018, the essay series Data Governance in the Digital Age anticipated some of the data governance issues that have emerged, such as surveillance capitalism and the economics of data, but did not cover data valuation in depth. Data is increasingly central to economic activity and how we make sense of the world, but it is still not valued in either national or corporate balance sheets. There is no accepted methodology to measure data’s value — value that depends on its usefulness in a particular context, which is framed by individual or societal perspectives, governance rules and regulations, and input from different stakeholders. Four themes are explored in this essay series: the current state of global data governance; different perspectives on notions of value; governance frameworks to unleash the value of data; and mechanisms for governance cooperation.

About the Authors

Robert (Bob) Fay is a CIGI senior fellow and an expert in the field of digital economy research.

Silvana Fumega is a specialist in the intersection of data, policy and inclusion.

Susan Ariel Aaronson is a CIGI senior fellow, research professor of international affairs at George Washington University (GWU) and co-principal investigator with the NSF-NIST Institute for Trustworthy AI in Law & Society, where she leads research on data and AI governance.

Lorrayne Porciuncula is the executive director of the Datasphere Initiative.

Teresa Scassa is a CIGI senior fellow. She is also the Canada Research Chair in Information Law and Policy and a full professor at the University of Ottawa’s Law Faculty, where her groundbreaking research explores issues of data ownership and control.

Sean Martin McDonald is the co-founder of Digital Public, which builds legal trusts to protect and govern digital assets.

Kean Birch is the director of the Institute for Technoscience & Society, Ontario Research Chair in Science Policy, and professor in the Science & Technology Studies Graduate Program and Department of Science, Technology & Society at York University, Toronto, Canada.

Keldon Bester is a CIGI fellow and the executive director of the Canadian Anti-Monopoly Project, a think tank dedicated to addressing the harms of monopoly and building a more democratic economy.

Soujanya Sridharan is a senior manager at Aapti Institute, where her research spans a wide range of themes that speak to participatory governance efforts in the data, infrastructure and platform domains.

Vinay Narayan is a senior manager at Aapti Institute.

Jack Hardinges is an independent adviser to organizations that research, build or fund new data products, systems and infrastructure, and serves as fund lead for the Data Empowerment Fund and board member of Open Supply Hub.

Xingqiang (Alex) He is a CIGI senior fellow. Alex is an expert on digital governance in China, the Group of Twenty (G20), China and global economic governance, domestic politics in China and their role in China’s foreign economic policy making, and Canada-China economic relations.

Rebecca Arcesati is lead analyst in the Science, Technology and Innovation Program at the Mercator Institute for China Studies.

Jeni Tennison is a CIGI senior fellow and the founder of Connected by Data, a campaign that aims to put community at the centre of data narratives, practices and policies.

Chris has created and leads Project CONNIE (Coordination & Open Networking Needs for the Information Environment), a new initiative connecting the parallel, often disconnected global networks supporting the integrity of the democratic information environment.

Patrick Leblond is a CIGI senior fellow and an expert on economic governance and policy. He is an associate professor and holder of the CN-Paul M. Tellier Chair on Business and Public Policy at the University of Ottawa.