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
Published:	UNIMAS 2020
Subjects:	K Law (General) K1001 Commercial Law K1401 Intellectual Property K623 Civil Law K720 Property Law
Online Access:	http://irep.iium.edu.my/78966/ http://irep.iium.edu.my/78966/ http://irep.iium.edu.my/78966/1/SSRN-id3521341-IOT%202020.pdf

id	iium-78966
recordtype	eprints
spelling	iium-789662020-03-12T09:32:55Z 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. UNIMAS 2020-01-20 Article PeerReviewed application/pdf en http://irep.iium.edu.my/78966/1/SSRN-id3521341-IOT%202020.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. pp. 81-94. ISSN 15116670 http://www.ijbs.unimas.my/images/repository/pdf/Vol21-S1-paper6.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	K Law (General) K1001 Commercial Law K1401 Intellectual Property K623 Civil Law K720 Property Law
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.
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.
format	Article
author	Sidi Ahmed, Sidi Mohamed Mohamed, Duryana
author_facet	Sidi Ahmed, Sidi Mohamed Mohamed, Duryana
author_sort	Sidi Ahmed, Sidi Mohamed
title	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_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_sort	data in the internet of things era: the propertization of data in light of contemporary business practices.
publisher	UNIMAS
publishDate	2020
url	http://irep.iium.edu.my/78966/ http://irep.iium.edu.my/78966/ http://irep.iium.edu.my/78966/1/SSRN-id3521341-IOT%202020.pdf
first_indexed	2023-09-18T21:51:08Z
last_indexed	2023-09-18T21:51:08Z
_version_	1777413776431120384

Data In The Internet of Things Era: The Propertization of Data in Light of Contemporary Business Practices.

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