Projectskeyboard_arrow_rightCircular City Circular City
Analysis on the collection, production, and exchange of data and business insights between urban collaborators support economic development in Downtown Brooklyn.
Description
The GovLab’s contribution to this project centered around circular data’s potential for economic development. Focusing on data made accessible by the three start-ups, the work had three central components. First, it sorted potential uses into a five-category framework: Situational Analysis; Cause and Effect Analysis; Prediction; Impact and Value Assessment; and Ecosystem Support. Second, it identified and analyzed a number of circular data-driven use cases across these categories. Finally, it reflected on the enabling conditions, challenges, and risks associated with the use of circular data, and provide several recommendations for practitioners to maximize impact of circular data on economic development objectives.