Data protection laws — one of the most important sources of competitive advantage in the context of international trade

Yihan Dai
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Yihan Dai: Associate Research Fellow, East China University of Political Science and Law, China

Journal of Data Protection & Privacy, 2020, vol. 4, issue 1, 72-80

Abstract: The existing world’s international legal system in nearly all areas, including data protection and cross-border data transfers, is highly fragmented and hard to harmonise in the near future. The most important laws governing these issues still exist at the domestic level. Data protection legislation could have far-reaching implications for country’s competition in today’s global digital economy. For countries, data protection laws are one of the most important sources of competitive advantage in the context of international trade. Laying down the data protection law prudently and intelligently applying such law will allow countries to unlock the benefits of technological innovation and digital trade.

Keywords: data protection laws; international trade; competitive advantage; data; most valuable resource (search for similar items in EconPapers)
JEL-codes: K2 (search for similar items in EconPapers)
Date: 2020
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