Published on April 8th, 2014 | by Daniel Castro

The Economic Impact of Open Data

Government agencies collect a vast amount of data that is valuable not only to the agency that collected it, but also to many other stakeholders in the public and private sector. By making their data freely available without restrictions, government agencies can enable the private sector to leverage public data—including weather information, maps, legal filings, financial statements, health indicators, and education metrics—to develop new products and services and create new economic value. Already, a wide variety of companies have created innovations that were born from government data that has been made available for reuse.

Join the Center for Data Innovation for a panel discussion highlighting new findings about where demand for open data is strongest and how government agencies can help promote continued data-driven growth in these sectors. At the event, the GovLab at New York University will also officially release the Open Data 500, the first comprehensive study of U.S. companies that use open government data as a key business resource, and will announce plans for a new program to improve the ways federal agencies and businesses can work together.


  • Daniel Castro, Director, Center for Data Innovation
  • Mark Doms, Under Secretary of Commerce for Economic Affairs, U.S. Department of Commerce
  • Joel Gurin, Senior Advisor, NYU Governance Lab (Slides)
  • Waldo Jaquith, Director, U.S. Open Data Institute
  • Erie Meyer, Senior Advisor to the U.S. Chief Technology Officer, White House Office of Science and Technology Policy


  • Lunch: 11:30 AM – noon
  • Panel discussion: noon – 1:30 PM


  • Arent Fox Auditorium. 1717 K ST NW, 2nd Floor, Washington, DC, 20036

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About the Author

Daniel Castro is the director of the Center for Data Innovation. He is also a senior analyst with the Information Technology and Innovation Foundation (ITIF). His research focuses on information technology policy including data privacy, information security, e-government, electronic voting, and accessibility for people with disabilities. Mr. Castro previously worked as an IT analyst at the Government Accountability Office (GAO) where he audited IT security and management controls at various government agencies. He contributed to GAO reports on the state of information security at a variety of federal agencies, including the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). In addition, Mr. Castro was a Visiting Scientist at the Software Engineering Institute (SEI) in Pittsburgh, Pennsylvania where he developed virtual training simulations to provide clients with hands-on training of the latest information security tools. He has a B.S. in Foreign Service from Georgetown University and an M.S. in Information Security Technology and Management from Carnegie Mellon University.

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