Data In The Internet of Things era: the propertization of data in light of contemporary business practices

Data is at the heart of the digital age or, as some put it, “the new oil”, “the next natural resource” and the “currency of the 21st century” that everything depends on to function and operate. The Internet of Things (IoT), which aims to connect things to the Internet and interconnect them with eac...

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Main Authors: Sidi Ahmed, Sidi Mohamed, Mohamed, Duryana
Format: Article
Language:English
English
English
Published: Universiti Malaysia Sarawak 2020
Subjects:
Online Access:http://irep.iium.edu.my/78966/
http://irep.iium.edu.my/78966/1/78966_Data%20In%20The%20Internet%20of%20Things%20Era.pdf
http://irep.iium.edu.my/78966/2/78966_Data%20In%20The%20Internet%20of%20Things%20Era_SCOPUS.pdf
http://irep.iium.edu.my/78966/3/78966_Data%20In%20The%20Internet%20of%20Things%20Era_WOS.pdf
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author Sidi Ahmed, Sidi Mohamed
Mohamed, Duryana
author_facet Sidi Ahmed, Sidi Mohamed
Mohamed, Duryana
author_sort Sidi Ahmed, Sidi Mohamed
building IIUM Repository
collection Online Access
description Data is at the heart of the digital age or, as some put it, “the new oil”, “the next natural resource” and the “currency of the 21st century” that everything depends on to function and operate. The Internet of Things (IoT), which aims to connect things to the Internet and interconnect them with each other, could have a huge impact on data generation and dissemination as there will be data streams from countless sources. The centrality of data and its countless value in today’s world do not, however, end contention and controversial views about its nature. Every stakeholder looks at data from his own perspective. Merchants and the business community view data as a valuable asset and commodity that could generate huge profits. In the existing legal systems, courts traditionally excluded information (data) from the ambit of property and current statutes seem to be silent about the issue of dealing with data as property. This paper attempts to study the propertization of data in light of contemporary business practices and the existing laws through consulting some relevant statutory laws and court cases. The aim of the discussion is to pay attention to the gap between business practices and current legal protection available for data or information. This paper is believed to be useful and timely as data propertization is an ongoing contentious issue that surfaces with every new wave of data-generated technology such as the IoT.
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spelling iium-789662020-05-08T15:13:12Z http://irep.iium.edu.my/78966/ Data In The Internet of Things era: the propertization of data in light of contemporary business practices Sidi Ahmed, Sidi Mohamed Mohamed, Duryana K Law (General) K1001 Commercial Law K1401 Intellectual Property K623 Civil Law K720 Property Law Data is at the heart of the digital age or, as some put it, “the new oil”, “the next natural resource” and the “currency of the 21st century” that everything depends on to function and operate. The Internet of Things (IoT), which aims to connect things to the Internet and interconnect them with each other, could have a huge impact on data generation and dissemination as there will be data streams from countless sources. The centrality of data and its countless value in today’s world do not, however, end contention and controversial views about its nature. Every stakeholder looks at data from his own perspective. Merchants and the business community view data as a valuable asset and commodity that could generate huge profits. In the existing legal systems, courts traditionally excluded information (data) from the ambit of property and current statutes seem to be silent about the issue of dealing with data as property. This paper attempts to study the propertization of data in light of contemporary business practices and the existing laws through consulting some relevant statutory laws and court cases. The aim of the discussion is to pay attention to the gap between business practices and current legal protection available for data or information. This paper is believed to be useful and timely as data propertization is an ongoing contentious issue that surfaces with every new wave of data-generated technology such as the IoT. Universiti Malaysia Sarawak 2020-01-20 Article PeerReviewed application/pdf en http://irep.iium.edu.my/78966/1/78966_Data%20In%20The%20Internet%20of%20Things%20Era.pdf application/pdf en http://irep.iium.edu.my/78966/2/78966_Data%20In%20The%20Internet%20of%20Things%20Era_SCOPUS.pdf application/pdf en http://irep.iium.edu.my/78966/3/78966_Data%20In%20The%20Internet%20of%20Things%20Era_WOS.pdf Sidi Ahmed, Sidi Mohamed and Mohamed, Duryana (2020) Data In The Internet of Things era: the propertization of data in light of contemporary business practices. International Journal of Business and Society (IJBS), 21 (S1). pp. 81-94. ISSN 1511-6670 http://www.ijbs.unimas.my/images/repository/pdf/Vol21-S1-paper6.pdf
spellingShingle K Law (General)
K1001 Commercial Law
K1401 Intellectual Property
K623 Civil Law
K720 Property Law
Sidi Ahmed, Sidi Mohamed
Mohamed, Duryana
Data In The Internet of Things era: the propertization of data in light of contemporary business practices
title Data In The Internet of Things era: the propertization of data in light of contemporary business practices
title_full Data In The Internet of Things era: the propertization of data in light of contemporary business practices
title_fullStr Data In The Internet of Things era: the propertization of data in light of contemporary business practices
title_full_unstemmed Data In The Internet of Things era: the propertization of data in light of contemporary business practices
title_short Data In The Internet of Things era: the propertization of data in light of contemporary business practices
title_sort data in the internet of things era: the propertization of data in light of contemporary business practices
topic K Law (General)
K1001 Commercial Law
K1401 Intellectual Property
K623 Civil Law
K720 Property Law
url http://irep.iium.edu.my/78966/
http://irep.iium.edu.my/78966/
http://irep.iium.edu.my/78966/1/78966_Data%20In%20The%20Internet%20of%20Things%20Era.pdf
http://irep.iium.edu.my/78966/2/78966_Data%20In%20The%20Internet%20of%20Things%20Era_SCOPUS.pdf
http://irep.iium.edu.my/78966/3/78966_Data%20In%20The%20Internet%20of%20Things%20Era_WOS.pdf