Frequent tropes about knowledge, similar to claims that it’s the new oil, sand, or bacon, spotlight knowledge’s rising significance to the economic system and society. Many nations have responded by creating insurance policies about knowledge, together with private knowledge, enterprise knowledge, and authorities knowledge. These insurance policies cowl a variety of points, similar to who can entry it, the place it may be saved, the way it must be protected, and extra.
There are essential variations in how nations deal with and worth knowledge. Some nations use knowledge as an financial asset or as a software for modernization and improvement, whereas others use knowledge to exert management over residents. This report compares key knowledge insurance policies in China, India, Singapore, the UK, and the European Union. These nations have been chosen to indicate the menu of choices that nations have taken in knowledge coverage. Though the US has created some essential knowledge insurance policies, similar to on open authorities knowledge, it was not included as a result of it lacks a transparent and constant nationwide strategy to key knowledge coverage points, similar to knowledge safety the place state legislatures have set lots of the guidelines.
For every nation, the report particulars the nation’s knowledge insurance policies’ objectives, methods, and ways, in addition to the businesses concerned. This report doesn’t try and discover all of the nuances of every nation’s knowledge insurance policies, notably sectoral-focused insurance policies in areas like monetary companies or well being care. As an alternative, it focuses on broad, high-level considering towards knowledge. The report exhibits that whereas many nations acknowledge the social and financial worth of information, the insurance policies they pursue to maximise that worth can range extensively.
Policymakers ought to be taught from these world approaches and take motion to craft a coordinated strategy to knowledge targeted on two objectives: maximizing the advantages of data-driven innovation (by encouraging knowledge assortment and knowledge sharing, and avoiding unnecessarily burdensome knowledge safety guidelines), and minimizing the obstacles to cross-border knowledge flows.
Learn the report.