Sandbox Regulatory Mechanism for Data Cross-Border Flow from the Perspective of Incomplete Contract
In the digital economy era,there is a challenge between data value proliferation and risk control in the field of data cross-border flow.By optimizing the regulatory mechanism for data cross-border flow,this challenge can be overcome and the potential of data can be further released.Based on incomplete contract theory,this paper analyzes data cross-border flows from the perspective of residual rights of control and constructs a sandbox regulatory mechanism for data cross-border flow.The results have shown that the sandbox regulatory mechanism can reshape the distribution pattern of residual rights of control between regulatory parties and regulatory objects and optimize the regulatory mechanism for data cross-border flow,thus initiating a regulatory model of negotiated governance and achieving orderly data value proliferation under risk control.The sandbox regulatory mechanism for data cross-border flow can be divided into elements such as test data,time,space,and rules.The results suggest that the regulatory system can be improved through data classification,regional pilot testing,and data tracking.
Data Cross-Border FlowIncomplete ContractResidual Right of ControlSandbox Regulatory