Management Review ›› 2024, Vol. 36 ›› Issue (12): 37-46,59.

• Data Factor Management • Previous Articles     Next Articles

Can Data Assets Be Securitized—Discussion on Four Feasible Modes

Hu Zhengqing1, Sun Zhan2, Huang Qianqian3,4, Yi Chengqi3, Yu Shiyang3   

  1. 1. HaiYing Security Technology Engineering Co., Ltd. of CASIC, Beijing 100074;
    2. Guangdong-Hong Kong-Macao Greater Bay Area Research Institute of Big Data, Shenzhen 518048;
    3. Big Data Development Department, State Information Center, Beijing 100045;
    4. School of Information Resources Management, Renmin University of China, Beijing 100872
  • Received:2023-09-29 Online:2024-12-28 Published:2025-01-02

Abstract: With the rapid development of the data element market, the commercial value of data elements is gradually being paid attention to and recognized by enterprises. As an important asset, data has become one of the key elements that cannot be ignored in the process of enterprise development. The value realization path of data elements from resource to asset and then to securitization has opened up a new financing channel for enterprises. This paper attempts to analyze the concept, feasibility and possible potential risks of data asset securitization. On the basis of innovative practical experience, four models of data asset securitization are exploratorily proposed, and the operating mechanism, main characteristics and applicable enterprises of each model are discussed in depth. Then we deeply explore the operating mechanism, main characteristics, and applicable enterprises of each model, and propose the relevant supporting policies and regulatory mechanisms that can support the high-quality development of data asset securitization in the future, in the hope of providing useful reference for the high-quality development of data asset securitization in China.

Key words: data elements, data assets, asset securitization, financing channel