Is the EU providing the legal framework for data-driven value creation?

Digitalization is a focus area for the European commission, and at its core, the European digital strategy is a data strategy - digitalization is focused on data.

The goal is to utilize the value of data and give better conditions to SMB in the European marked.

I was fortunate to talk to Astrid Solhaug from DigDir, working for the Norwegian resource center for sharing and use of data. Astrid provides both a Norwegian and European perspective on the topic.

We talked about:

Eu digitalization strategy

• What does that mean?
• How does the EU approach digitalization at a strategic level?
• How do regulations and incentives interplay with digitalization in the EU?

Eu regulations

• What are EU Data Act, Open Data Directive, Data Governance Act?
• How can we share and reuse data? What does it mean for value creation with data?
• Why do we need a data innovation board and what should it look like?

Challenges

• Can the market be regulated? Is EU regulation harming innovation in the marked?
• How can ethnical values be regulated across countries? 
• Is the EU trying to take an active role in the development of European society?

Possibilities

• What are the possibilities in these regulations? Can it mean safe and easy data sharing?
• What are the effects of simpler easier data sharing between the public and private sector? Can it create value for us?
• What are the opportunities in the regulations for users in Norway?

What I've learned:

• EU is trying to take an active part in democratize data.
• EU defines data is a non-competitive good.
• A data collector has no exclusive rights to the data collected.
• All open governmental data should be accessible for everyone
• The Data Act arranges for private sector data, to secure sharing and end user rights.
• Private organizations will have a duty to share information with public sector in times of crisis
• These three regulations for sharing data are interesting to see in combination with the AI Act, that ensures use of data that now is available.