Open government data policy and value added:Evidence on transport safety agency case

Open government data (OGD) is expected to generate economic growth and boost innovation. To demonstrate how open government data was utilised by business actors and how the data translated into economic gross value added, the case of Finnish Transport Safety Agency's data is shown. The estimated annual increased marginal turnover enabled by the OGD of the private companies yielded to a minimum of 102 million EUR. The estimated annual gross value added to the economy based on the use of OGD was 41 million EUR. The industries benefitting the most from open data policy were the insurance and financial services, marketing and publishing