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On Thursday 7 July ResPublica launched a new report, Capturing the Cloud: Technology-Driven Growth and Innovation in the UK. The report was welcomed by senior industry professionals and policy makers at a stakeholder consultation event, who contributed views on the current challenges and opportunities in order to achieve a critical analysis of key issues. This marks the initial phase of a longer-term ResPublica commission on growth and innovation in Britain.
The paper, written by ResPublica Fellow Tim Cowen, examines cloud computing and its significance to the technology sector as better, faster and cheaper than existing alternatives, opening up new opportunities for boosting growth. It urges Government to take the lead in using new technology to stimulate growth and innovation and to ensure that fast internet infrastructure is built and restrictions are removed so that cities and communities can access capital. It puts forward the following 5 proposals:
Innovation can be taken to the next level without undermining the approach taken to date, and much can be achieved without a change of direction. The paper reviews the available economic evidence, the approaches being taken by other governments worldwide and, learning from those initiatives, it suggests alternative and additional proposals in line with the government’s established approach.
Tim Cowen is an equity partner at Preiskel & Co and is independently recognised as one of the leading telecoms and technology regulatory/competition lawyers in the EU. Tim led BT’s competition law and public policy team for many years and...
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