Data as a source of innovation – a view from the World Bank Data, Digital assets and Platforms for innovation   The World Conference on Intellectual Capital for Communities UNESCO, July 12&13 @prasannalaldas

My interests in data span - As part of how the Bank works I work at the Trade & Competitiveness practice at the World Bank and focus on data driven products and services Founded the World Bank’s Open Finances program a few years ago; one of the Bank’s earliest forays into big data Keenly interested in data driven entrepreneurship and innovation in emerging countries What follows is an individual perspective on the state of data innovation at the World Bank and beyond My interests in data span - As part of how the Bank works For analytics To help promote economic growth To build partnerships/communities To support/lead new research areas To support governments/partners Write me at plaldas@Worldbank.org or @prasannalaldas on Twitter if you have a question @prasannalaldas

Today The World Development Report on Digital Dividends Data innovations in WBG portfolio Open data Big data Digital economy/Economic growth Business as unusual @prasannalaldas

#wdr2016 www.worldbank.org/wdr2016

Digital transformation Digital technologies are transforming - Business People’s lives Governments @prasannalaldas

Uneven dividends Between the digital haves and have nots Between and within countries – in access and capability @prasannalaldas

Benefits and risks @prasannalaldas

Accelerated growth or lower competition? @prasannalaldas

Expanded opportunities or greater inequality? @prasannalaldas

Improved service delivery or lower accountability? @prasannalaldas

Race between technology and complements @prasannalaldas

Analog foundations of a digital economy @prasannalaldas

Scenes from our portfolio Data Innovation at the World Bank Group Scenes from our portfolio @prasannalaldas

When we speak of data, we mean… Big Beautiful Open Things and machines Innovation New policies New business models New power landscape New products & services New tools and skills New analytics Opportunities Economic growth Competitive advantage Inequalities Gaps @prasannalaldas

Open data at World Bank Group The World Bank's Open Data Initiative launched in April, 2010, providing free, open and easy access to development data, and challenging the global community to use the data to create new solutions to address poverty Today, the World Bank's Open Data Catalog includes over 8,000 development indicators for…countries, going back over 50 years, in 5 languages, and is continuously expanding In addition, it contains searchable databases on projects, finances, procurement and other operational activities The World Bank Group is considered a leader in the global open data community, and collaborates actively with other agencies and global partnerships @prasannalaldas

Why open data The traditional benefits Emerging opportunities Transparency Accountability Inclusion Participation Engagement Service delivery Economic growth Private sector development Jobs @prasannalaldas

What is the economic opportunity @prasannalaldas

An ecosystem approach Data Policy Capacity Innovation Financing @prasannalaldas

Open data readiness assessments Toolkit designed to help governments plan and implement an open government data program, while avoiding common pitfalls Assessments conducted in 25+ countries including – Uganda Burkina Faso Sierra Leone Tanzania Nigeria Botswana Rwanda Ethiopia @prasannalaldas

Open data for business tool A methodology to assess the private sector’s current and potential use of government data in various countries Enormous potential for – Economic growth Innovation and entrepreneurship Inclusion Jobs The tool assesses 4 areas relevant to the private sector Capabilities High value data Barriers Engagements Pilots at – Sierra Leone @prasannalaldas

Big data Measuring the world Understanding the world Changing the world @prasannalaldas

Reviving the Great Lakes Piloting a new approach to measure to monitor progress in conflict affected regions Apply data and machine learning to better and more quickly understand sectoral, temporal, and spatial dynamics @prasannalaldas

More projects in different stages of development Tanzania sectoral performance dashboard Measuring the innovation capacity of cities Deriving non-tariff measures through machine learning Making sense of global urban data Using geo-spatial data to secure property rights Many more…

Building a data society Data literacy Data capacity of entrepreneurs Data skills in government Media skills More

Engagement and co-development with data The World Bank Negawatt challenge Tools like data dives and hackathons are effective tools to build engagement, establish community, test ideas, and understand data demand Uganda Kenya Zimbabwe More @prasannalaldas

A revolution in slow motion The Bank is a leading proponent of and contributor to the ‘data revolution’ within UN agencies, international organizations, NSOs, and more Global partnership for sustainable development There is increasing demand from clients from clients who are overwhelmed by the abundance of data in governance The Bank recognizes the value of data in achieving better program results The competitive landscape of development is changing and data is becoming a major differentiator

Thank you