1. Owner rights are rights that apply only to the owner of the object on which rights are being checked.
2. In BI platform, the owner of an object is the principal who created the object.
3. If that principal is ever deleted from the system, ownership reverts to the Administrator.
4. Owner rights are useful in managing owner-based security.
5. For example, you may want to create any folder or hierarchy of folders in which various users can create and view documents, but can only modify or delete their own documents.
6. In addition, owner rights are useful for allowing users to manipulate instances of reports they create, but not others' instances.
7. In the case of the scheduling access level, this permits users to edit, delete, pause and reschedule only their own instances.
~Sujeet Sharma