Why the Data Act will lead to Innovation and Growth

Malte is the mastermind behind the EU Data Act. He talks about the making of this ground-breaking EU legislation and its impact. Data is a novel type of asset, distinct because it can be copied without costs; a so-called non-rival economic good. Because this economical resource can be used many times and in parallel it has such great potential. The Data Act focuses on the specific category of IoT data. It connects the rights on physical hardware (ownership, lease etc) with the rights on the data. Listen to Malte who explains with many examples how this will work and what it will mean for innovation and economic growth.