Designing Data Governance Mechanisms for Data Marketplace Metaplatforms

Data Marketplace Meta-platforms (DMMPs) federate the fragmented set of data marketplaces and are expected to become a pivotal instrument to realize a single European Data Market in 2030. However, one critical hindrance to foster the adoption of business data sharing via DMMPs is data providers' risk of losing control over data. Generally, the literature on interorganizational data sharing has highlighted that data governance mechanisms can help data providers to retain control over their data. Nevertheless, data governance mechanisms in the DMMP context are yet to be explored. Therefore, this research aims to design data governance mechanisms for business data sharing in DMMPs by employing the Design Science Research (DSR) approach. This study contributes to the literature by identifying root causes and consequences of losing control over data and defining prescriptive knowledge regarding design requirements, design principles, and a framework for designing data governance mechanisms within the novel setting of metaplatforms.