Large data sets are increasingly critical tools for academic researchers to help improve our understanding of issues across economics, finance, public policy, and other social sciences. Academics have traditionally utilized data controlled by government agencies, nongovernmental organizations or academic institutions, but an increasingly large share of potentially useful data is held by the private sector. While a number of companies have been sharing data with academic researchers for many years, these types of data sharing agreements are a new concept for other firms.
This conference brought together academic researchers and private sector leaders with a range of experience in data sharing. They addressed the benefits, challenges and opportunities of these agreements, and highlighted examples of past and current partnerships. Following the formal agenda, experts from UChicago and Northwestern hosted an in-depth tutorial for academic researchers regarding best practices in understanding and drafting legal data agreements.