Benefits and Challenges in Information Sharing Between the Public and Private Sectors

Advancements in information and communication technology (ICT) helps to enable information sharing between organizations. A large number of researches have been conducted to identify benefits and also barriers in inter-organizational information sharing as key elements in adopting this process. However, there are only a few studies of information sharing focused on public and private sectors relation. Based on literature review, this paper provides an overview of the benefits and challenges of sharing information for both government and business' perspective of current practices, defines comparative and similarities, and discusses proposed solutions to lower barriers and increase benefits perceived by governments and companies. We find that information quality and comprehensive information are main benefits in public and private sectors information sharing, while technical barriers must be cleared up before other barriers.