Abstract: Identifying the path to realize the value of data elements is of great significance to accelerate the deep integration of digital economy and real economy. In order to explore the mechanism and path of realizing the value of data elements, this study combs the existing ways and attributes of data elements, clarifies the mechanism of realizing the value of data elements on this basis, and constructs the value realization path including basic activities, auxiliary activities and value development based on the value chain theory. The research shows that the value realization mechanism of data elements includes subject participation mechanism, marketization realization mechanism, ownership definition and transfer mechanism. Data collection, data organization, data circulation and data utilization are the basic paths to realize the value of data elements, while the three auxiliary activities of data security protection, data technical support and data talent guarantee ensure the realization of value.

Key words: Data elements, Value of data elements, Value chain theory, Implementation mechanism, Digital economy