CHAPTER I GENERAL PROVISIONS
Article 1(Purpose) #
The purpose of this Act is to prescribe matters necessary for promoting the production, transaction, and utilization of data, thereby creating economic value from data and establishing a foundation for the development of the data industry, so as to contribute to the improvement of the lives of the people and the development of the national economy.
Article 2(Definitions) #
The terms used in this Act are defined as follows:
1. "Data" means materials or information that can be processed by optical or electronic means and that is obtained through observation, experimentation, investigation, collection, etc., or generated through information systems and software as defined in subparagraph 1 of Article 2 of the Software Promotion Act, for the purpose of creating diverse added value;
2. "Public data" means public data as defined in subparagraph 2 of Article 2 of the Act on Promotion of the Provision and Use of Public Data;
3. "Private data" means data generated or acquired and managed by a person other than a State agency, a local government, or a public institution (referring to a public institution defined in subparagraph 16 of Article 2 of the Framework Act on Intelligent Informatization; hereinafter the same shall apply);
4. "Data producer" means a person engaged in economic activities related to the generation, processing, creation, etc. of data;
5. "Data industry" means an industry that provides services and performs activities related to a series of processes, including the production, distribution, transaction, and utilization of data, for the purpose of creating economic added value;
6. "Data service provider" means a person engaged in the data industry;
7. "Data transaction service provider" means a data service provider whose business consists of directly selling data or intermediating data transactions between parties seeking to sell data and parties seeking to purchase data;
8. "Data analytics service provider" means a data service provider that engages in the business of providing information generated through the collection, combination, processing, integration, and analysis of data.