On the Benefits,Costs,and De-propertizing Rule Construction of Data Property Rights
Whether and how to establish property rights over data are still a major theoretical issue in the construction of data infrastructure system.The introduction of cost-benefit analysis of data property rights can simplify the judgment of whether to establish property rights over data into a cost-benefit comparison under the perspective of efficiency.The overall benefits of data property rights are limited,data rights are difficult to reduce transaction costs,static benefits are limited,and equating data property rights with investment incentives is an oversimplification of reality,there are multiple driving mechanisms for investment in data,and there are limited circumstances that require property rights incentives.In contrast to the limited benefits,the costs of creating and enforcing data property rights cannot be ignored.Property rights in data have significant transaction,rent-seeking,protection and innovation costs associated with the transfer of rights.In order to minimize the cost of data property rights,the de-propertization of data property rights should be achieved by designing restricted eligible object elements,limited rights content and broad rights restriction mechanisms.
data property rightscostsbenefitsde-propertizingrule construction of property rights
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