Data as a resource and data sharing enable competitive supply chains and present-day digital platform business models. The recipe for these competitive supply chains will no longer be contingent on how different companies contract to share data in their existing business networks but how these companies make these contracts available for the others in multisided markets. Advancing the availability of data sharing contracts has led to novel internal and external operational efficiencies and to new types of strategic opportunities. Data sharing is nothing new. Approximately 49% of the companies already share data with other companies. How has data sharing emerged between companies? What types of benefits have companies reached by sharing data? Those are the two research questions we are answering in this study. Additionally, we map the trajectory of data sharing technologies and their benefits for companies.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.