How the European Data Regulation Enables Innovation for Platform Ecosystems?

The emergence of data-based economy is in the interest of the industry, academia and authorities. The EU has established several initiatives to support and control the emerging European data economy, mainly through data regulations and related implementation actions. A question remains, how the regulative actions taken by the EU support the innovation activities related to data platforms and ecosystems. We explore through action research the opportunities for the emergence of a data ecosystem based on a digital data marketplace within the smart city domain. Based on the learnings from our research, we highlight interlinkages between different platform options and recent European data regulations that aim to impact the formation of future European data markets. We propose academic and managerial insights into forming an ecosystem of actors and roles needed for the development of different types of data platforms and ecosystems. [ABSTRACT FROM AUTHOR]