RESEARCH PAPERS

Research on the Analytical Framework for Dilemmas and Solutions in Data Product Trading

  • Wang Yuxuan ,
  • Meng Fan ,
  • Huang Wenbin
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  • Department of Information Management, Peking University, Beijing 100871
Wang Yuxuan, master candidate; Meng Fan, assistant professor, PhD, corresponding author, E-mail: mengfan@pku.edu.cn; Huang Wenbin, associate professor, PhD.

Received date: 2024-05-15

  Revised date: 2024-08-21

  Online published: 2025-01-25

Supported by

This work is supported by the key project of National Natural Science Foundation of China,titled “Research on the Construction of New Generation Business Intelligence System Based on Big Data Fusion”(Grant No.71932008).

Abstract

[Purpose/Significance] As a key component in the circulation of data elements, there are some dilemmas in data product trading. Exploring and sorting out the corresponding dilemmas and solutions are conducive to the effective operation of data trading market and the efficient development and utilization of data elements. [Method/Process] This paper analyzed the definition and characteristics of data products, sorted out three dilemmas in current data product trading, that is, information asymmetry, data valuation and pricing, and data ownership determination. Then, it presented the generation mechanism of these dilemmas and summarized the existing solutions to the data product transaction dilemmas. [Result/Conclusion] From the perspective of the closed loop among the data product characteristics, the resulting trading dilemmas, solution approaches, and the processing of the dilemma generation mechanism, this paper constructs an analysis framework for data trading dilemma and their solutions, and reviews the relevant theories and practices, in order to further enrich the basis of data transaction theory and provide effective reference for data transaction practice.

Cite this article

Wang Yuxuan , Meng Fan , Huang Wenbin . Research on the Analytical Framework for Dilemmas and Solutions in Data Product Trading[J]. Library and Information Service, 2025 , 69(2) : 67 -86 . DOI: 10.13266/j.issn.0252-3116.2025.02.007

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