| By: |
Andres, Raphaela;
DeStefano, Timothy;
Niebel, Thomas;
Viete, Steffen |
| Abstract: |
The following paper assesses whether current policy environments are
appropriate for the emergence of cloud computing technology. In particular,
this research uses firm-level data for Germany and the UK to examine the
impact of capital incentive programmes (a common policy present in most OECD
countries) on cloud adoption. The design for many of these policies target
investments in physical capital while excluding digital services like the
cloud. Firms view digital investments and digital services as substitutes,
therefore narrowly define dincentive programmes may actually discourage the
use of emerging tools like cloud computing, which are found to enable the
growth and performance of young entrants. Overall, the results find that while
capital incentive policies encourage firm investments in ICT and other forms
of capital, they actually reduce the probability of cloud adoption. Policy
makers may therefore need to reconsider the design of capital incentive
programmes within their jurisdictions. |
| Keywords: |
Cloud Computing,Investment Scheme,ICT Adoption,Technology Diffusion,Policy Evaluation |
| JEL: |
L22 O33 |
| Date: |
2020 |
| URL: |
http://d.repec.org/n?u=RePEc:zbw:zewdip:20036&r=all |