A Funding and Governing Model for Achieving Sustainable Growth of Computing e-Infrastructures
AbstractThe current access policies and funding schemes of computing e-infrastructures represent a huge challenge for the sustainable growth of computing e-infrastructures and a serious jeopardy for investments made into these e-infrastructures. In order to be able to address these issues, the economics of computing e-infrastructures has to be understood thoroughly. As a first step in this direction, this paper conducts a set of computing e-infrastructure case studies and discusses the economic issues of different global computing e-infrastructure efforts. The analyses results show that the major shortcomings that need to be resolved are the insufficient involvement of the private sector in the development of computing e-infrastructures, the restricted user access to e-infrastructure resources, and the lack of sustainable funding. As a solution to these shortcomings, we propose a new funding and governing model for computing e-infrastructures. It follows a token-based market mechanism that allows a business-oriented operation of the computing e-infrastructure. We argue that this new model fosters the transition towards a sustainable computing e-infrastructure, being another requirement for successfully implementing the Cloud computing vision. Our arguments are supported by an analytical analysis.
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Bibliographic InfoPaper provided by Seoul National University; Technology Management, Economics, and Policy Program (TEMEP) in its series TEMEP Discussion Papers with number 201062.
Length: 37 pages
Date of creation: Jun 2010
Date of revision: Jun 2010
Publication status: Published in Annals of Telecommunications, Springer, 2010
Grid and Cloud Economics; Business Models; Funding; Governance; Case Study Analysis; Sustainability; Grid Computing; High-Performance Computing; Token-Based Market Mechanism; Computing Services; Analytical Modeling;
Find related papers by JEL classification:
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- D40 - Microeconomics - - Market Structure and Pricing - - - General
- D45 - Microeconomics - - Market Structure and Pricing - - - Rationing; Licensing
- D46 - Microeconomics - - Market Structure and Pricing - - - Value Theory
- H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts
- L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
- L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
- M15 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - IT Management
- M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics
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