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Skills, infrastructure, logistics, medium sized businesses, the rural economy and open data will be at the centre of the second phase of the Growth Review, which was launched on the 9th June and will report at the time of the Autumn Statement.

I find business cases for data publishers much more compelling than examples of how open data can be used. For a start, I don’t think it’s possible to predict how open data will be used or what that will mean in terms of economic or societal impact: the wide world into which it’s released is just too complex to know.

One argument I’ve heard made about government open data is that releasing it can help organisations avoid the costs of Freedom of Information requests.

The reverse of cost avoidance is finding sponsors for open data publication.

The whole section "Minority investment evaluations aren’t real" is so economically bizarre and incorrect that I don't even know where to start. It's like you wrote a blog post arguing that it is incorrect to refer to a 5' tall boy as 5' tall because he's often sitting down. Every single day every single public company in the world is valued by the last share traded, usually for a tiny fraction of the company.Finally, to the main point. Facebook has certainly figured out how to make money off of 500,000,000 users. And as they optimize, they will make a lot more money. When they figure out how to make another DIME off of every user, they will instantly be making another $50,000,000 a year... in pure profit. How much profit will 37signals make if you figure out how to make another dime off of every customer? Eh David? Facebook works on the theory that when you have a lot of people, you don't have to make as much per person, because the amount of money you make is the number of customers times the amount of money you make off of each one. Again, that pesky multiplication.

The bond and equity markets are based on sound regulation, transparency, and quarterly statements. Facebook has none of those things when it operates in the dark of the secondary markets.

privacy advocates are pushing for a similar “do not track” feature that would let Internet users tell Web sites to stop surreptitiously tracking their online habits and collecting clues about age, salary, health, location and leisure activities.

Consumer advocates worry that the competing agendas of economic policy makers in the Obama administration, who want uniform international standards, and federal regulators, who are trying to balance consumer protection and commercial rights, will neglect the interests of people most affected by the privacy policies.

In the 1990s, the Commerce Department had an extremely prominent role in developing what we think of as Internet policy, and we are reinvigorating that historical role

You can build it but they won’t come. All successful open source projects build communities of supportive engaged developers who identify with the project and keep it productive and useful.

Ongoing maintenance and distribution of the data hasn’t been budgeted for almost all the data sets we have today. This attitude has to change, and new projects give us the chance to get it right, but most existing datasets are unfunded for maintenance and release.

there are at least five different types of Open Data groupie: low-polling governments who want to see a PR win from opening their data, transparency advocates who want a more efficient and honest government, citizen advocates who want services and information to make their lives better, open advocates who believe that governments act for the people therefore government data should be available for free to the people, and wonks who are hoping that releasing datasets of public toilets will deliver the same economic benefits to the country as did opening the TIGER geo/census dataset.

We face many challenges today, none more urgent than the economic crisis, but with it comes an opportunity to seek new ways of governing. In San Francisco, like other cities, we are using this opportunity to engage our greatest resource, the public, to build a government that works better for all of us.

The 2010 United Nations e-Government Survey: Leveraging e-government at a time of financial and economic crisis was completed in December 2009 and launched in early 2010.

The public trust that is gained through transparency can be further enhanced through the free sharing of government data based on open standards.

In the period starting with the close of WWII to the late 70s, the U.S. government created ideal economic conditions for technology innovation and commercialization to thrive in Silicon Valley.