In Goodridge and Haskel (2015b) we present an
economic framework for measuring the contribution
of Big Data to UK growth, building on measures of investment and employment presented in
Goodridge and Haskel (2015a) and Chebli, Goodridge
et al. (2015) respectively. In this paper we
extend that framework to present industry estimates
of UK investment and employment in producing
data-based information and knowledge assets, and th
eir contribution to industry-level growth. In
doing so, we focus on industries that are considered
to be intensive users of knowledge or intangible
capital, including for instance Financial services and Ma
nufacturing. We find that the four industries:
Information and Communication, Professional and Ad
ministrative Services, Financial Services and
Manufacturing account for 88% of big
data employment and 89% of i
nvestments in data-based assets
in the UK market sector. Similarly, of the total
contribution of data-based assets to UK growth, we
find that it is fully accounted for by these four industries