Mechanism Innovation and Policy Optimization for Market-Based Allocation of Data Elements in the Digital Economy Era

In the digital economy era, data, as a new type of production factor, plays a key role in promoting economic and social development. However, in the process of market-based allocation of data elements, there are problems such as unclear rights confirmation, obstructed circulation, and lack of pricing mechanism. These problems lead to the inability to fully release the economic value of data resources. To this end, it is necessary to explore innovative paths for data rights confirmation, transaction circulation, pricing, and credit guarantee mechanisms. By building a standardized data trading platform and credit rating system, the openness and security of the data market can be enhanced. By improving policies and regulations and promoting technological progress, an efficient, standardized and orderly data element market can be built, so as to fully explore the value of data and comprehensively improve the efficiency of circulation.

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Publication Details

Journal
Frontiers in Economics & Policy Modeling
Published
2025-05-22
DOI
https://doi.org/10.64229/pgm7n588
Primary Topic
E-commerce and Technology Innovations
Type
article
Field-Weighted Citation Impact
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article

Mechanism Innovation and Policy Optimization for Market-Based Allocation of Data Elements in the Digital Economy Era

Hongyu Wang
Frontiers in Economics & Policy Modeling
E-commerce and Technology Innovations
article

Mechanism Innovation and Policy Optimization for Market-Based Allocation of Data Elements in the Digital Economy Era

Hongyu Wang
article en

Abstract

In the digital economy era, data, as a new type of production factor, plays a key role in promoting economic and social development. However, in the process of market-based allocation of data elements, there are problems such as unclear rights confirmation, obstructed circulation, and lack of pricing mechanism. These problems lead to the inability to fully release the economic value of data resources. To this end, it is necessary to explore innovative paths for data rights confirmation, transaction circulation, pricing, and credit guarantee mechanisms. By building a standardized data trading platform and credit rating system, the openness and security of the data market can be enhanced. By improving policies and regulations and promoting technological progress, an efficient, standardized and orderly data element market can be built, so as to fully explore the value of data and comprehensively improve the efficiency of circulation.

Frontiers in Economics & Policy ModelingVol. 1(1)
Yangtze University (CN)
Openalex Percentile: Top 61%
E-commerce and Technology Innovations
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Mechanism Innovation and Policy Optimization for Market-Based Allocation of Data Elements in the Digital Economy Era — Hongyu Wang · Frontiers in Economics & Policy Modeling (2025) | TGRS Research Map | TGRS