# Economic Development
Economic development refers to the process by which a region or nation improves the economic well-being and quality of life for its inhabitants. This involves the expansion of industries, infrastructure enhancement, and the creation of opportunities for employment and income growth. Economic development is driven by strategic investments, policy reforms, and innovation aimed at fostering a conducive environment for business and societal advancement.
Data plays a pivotal role in economic development by providing insights necessary for informed decision-making and effective policy formulation. Through comprehensive data analysis, stakeholders can assess progress, identify challenges, and strategize for sustainable economic growth.
For more information about recent economic development research, please consult the following resources:
* [WorldCat](https://search.worldcat.org/search?&offset=1&q=Recent+studies+about+data+and+data+governance+and+Economic+Development)
* [Consensus](https://consensus.app/results/?synthesize=off&copilot=off&q=Recent+studies+about+data+and+data+governance+and+Economic+Development)
* [Google Scholar](https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=Recent+studies+about+data+and+data+governance+and+Economic+Development)
Our research team, partners, and the extended Network of the Datasphere have identified the following organizations working at the intersection of data or data governance and economic development. We recognize this is a dynamic field and would appreciate your help to [[contact our research team|improve]] this resource.