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About The Economic Impact of Cloud Computing On Business Creation, Employment and Output in Europe
The document discusses the potential economic impact of cloud computing in Europe. It argues that cloud computing is a new general purpose technology that will significantly reduce fixed costs for businesses by allowing them to access computing power on an on-demand basis over the internet. Through an economic model, it estimates that this cost reduction could lead to hundreds of thousands of new small businesses being created in the EU, generating around a million new jobs and boosting annual GDP growth by 0.2 percentage points. It concludes that governments could further enhance these benefits by subsidizing businesses' adoption of cloud computing solutions.
Detailed Information
| Author: | ['Kishore Khsgas K'] |
|---|---|
| Publication Year: | 2011 |
| Pages: | 40 |
| Language: | English |
| Format: | |
| Price: | FREE |
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