Construction and Improvement of Data Property Right System and Its Role in the Development of Digital Economy

Abstract

Digital economy, as an important driving force and practical approach to deepen supply-side reform, promote consumption upgrading and model innovation in the new era, has made great achievements, but also induced many regulatory risks and hazards. It is the key production factor of digital economy, but the existing legal system has not fully responded to this new form of property. With the decrease of internalization cost and the increase of income of data property rights, defining data property rights not only conforms to the analysis of economics, but also conforms to the standards of property law. With high innovation, strong permeability and wide coverage, the digital economy is not only a new economic growth point, but also a fulcrum for transforming and upgrading traditional industries, and can become an important engine for building a modern economic system. And perfecting the data property right system is the key support to encourage the right subject to participate in the development of digital economy in an orderly way. Starting from the definition of data property rights, this paper discusses the construction and improvement of data property rights system and its role in the development of digital economy, and puts forward some suggestions on the construction of data property rights protection system.