Managing Trans-border Data Flows

Managing data streams from regional offices, business partners, and customers around the world is an important part of working effectively with large multinational corporations (MNCs). With the advance of the Internet, companies have been able to gather accurate data more quickly to better coordinate and integrate all geographically dispersed subsidiaries (Sambharya, & Phatak 1990). There are complicated restrictions that many companies must deal with in the management of cross-border data flows. This article will explain this.

Cross-border flows of information, ideas, and culture are discussed below. The problem here is how economic sovereignty and territor sovereignty interact. In other words, how does the transboundary economic flow influence regionalism? Like political sovereignty, economic sovereignty does not directly affect the territorial sovereignty. What is certain is that goods and capital are crossing the border, but the flow beyond these economic borders depends on how the country recognizes each other's borders, how the country protects the border I will not necessarily challenge. Indeed, at the national and international level, the organization and regulation of international economic exchange seems to separate the economic sovereign from the area of ​​the region considerably.

The global Internet and cross-border data streams provide special opportunities for small and medium enterprises to participate in the international economy. However, for small and medium-sized enterprises that lack resources to manage these challenges and absorb costs, the business cost of restricting cross-border data flows is particularly serious. The Internet and the worldwide data stream have multiple ways to help SMEs participate in international trade. Firstly, having a website will allow SMEs to immediately enter the international market without having to set up an overseas entity. Access to cost-effective data services such as online advertising and telecommunications services, cloud computing, access to important knowledge and information in foreign markets is another important driving force for SMEs. Indeed, the first report of the US International Trade Commission on digital trade has identified information and regulations on foreign markets that have become a major obstacle to international trade in small and medium enterprises.

The OECD guidelines were adopted in 1980 to protect cross-border data streams of privacy and personal data. It is comprised of 24 countries, including the United States, for the purpose of coordinating domestic privacy protection laws, protecting human rights, and preventing disruption of international data flow. The law aims to reduce the extent of terrorism and crime, to preserve communication data and many other related objectives. This law is issued by the Secretary of State, and in order to protect national security and crime prevention, we revise the code of conduct of telecommunications carriers that keep communication data from time to time. Article 102 (1), (2), (3) of the Act.