BREAKING THE MOLD: WHY DATA-SHARING CHALLENGES DIFFER IN STRICTLY REGULATED VS. INNOVATION-FOCUSED PUBLIC-PRIVATE PARTNERSHIPS
Abstract
Public-private partnerships (PPPs) play a crucial role in tackling society’s biggest challenges, but their success often depends on how well organizations share data. Most research so far has focused on general interoperability issues, but what if the obstacles vary dramatically depending on the sector? This study dives into the contrasting worlds of heavily regulated industries (like healthcare and finance) and fast-moving, innovation-driven fields (like AI startups and smart cities) to uncover how their unique environments shape data-sharing struggles. Using a mix of real-world case studies (from pharmaceuticals and fintech), expert interviews, and policy analysis, we reveal key differences: high-regulation sectors battle legal red tape and risk-averse cultures, while innovation-driven sectors wrestle with keeping up as technology evolves at breakneck speed. Rather than a one-size-fits-all fix, we propose a flexible framework to help policymakers and business leaders craft data-sharing strategies that actually fit their sector’s needs. By spotlighting what works (and what doesn’t) in each domain, this research offers practical steps to strengthen collaboration in an increasingly digital world.