Productivity Paradox

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Lisa Harris - One of the best experts on this subject based on the ideXlab platform.

  • the it Productivity Paradox evidence from the uk retail banking industry
    New Technology Work and Employment, 2001
    Co-Authors: Lisa Harris
    Abstract:

    This article addresses causes of the so-called 'information technology Productivity Paradox' in the context of UK retail banks. It investigates why massive investments by retail banks in information technology are not being translated into significant Productivity gains, given that sucessful implementation of new technology is particularly important in increasingly competitive banking environments.

  • The IT Productivity Paradox‐evidence from the UK retail banking industry
    New Technology Work and Employment, 2001
    Co-Authors: Lisa Harris
    Abstract:

    This article addresses causes of the so-called 'information technology Productivity Paradox' in the context of UK retail banks. It investigates why massive investments by retail banks in information technology are not being translated into significant Productivity gains, given that sucessful implementation of new technology is particularly important in increasingly competitive banking environments.

Serdar Turedi - One of the best experts on this subject based on the ideXlab platform.

  • AMCIS - Business Value of IT: Revisiting Productivity Paradox through Three Theoretical Lenses and Empirical Evidence.
    2012
    Co-Authors: Serdar Turedi
    Abstract:

    IT Productivity Paradox is one of the biggest debates in the IS literature. Even though, recent studies have identified the theoretical and methodological errors that cause this Paradox, we still don’t fully understand how IT investment influences overall firm performance. This paper presents an empirical study that examines the influences of IT investment on firm performance. More importantly, this study investigates the impact of IT governance and knowledge sharing on IT investment and firm performance relationship. The paper builds on (1) resource-based view, (2) knowledge-based view, and (3) contingency theory. The findings confirm the influences of IT investment on firm performance and the time lag in this relationship. Moreover, findings of this study suggest that the interaction of IT investment and IT governance has positive and significant impact on firm performance.

  • business value of it revisiting Productivity Paradox through three theoretical lenses and empirical evidence
    Americas Conference on Information Systems, 2012
    Co-Authors: Serdar Turedi
    Abstract:

    IT Productivity Paradox is one of the biggest debates in the IS literature. Even though, recent studies have identified the theoretical and methodological errors that cause this Paradox, we still don’t fully understand how IT investment influences overall firm performance. This paper presents an empirical study that examines the influences of IT investment on firm performance. More importantly, this study investigates the impact of IT governance and knowledge sharing on IT investment and firm performance relationship. The paper builds on (1) resource-based view, (2) knowledge-based view, and (3) contingency theory. The findings confirm the influences of IT investment on firm performance and the time lag in this relationship. Moreover, findings of this study suggest that the interaction of IT investment and IT governance has positive and significant impact on firm performance.

Erik Brynjolfsson - One of the best experts on this subject based on the ideXlab platform.

  • the Productivity Paradox of information technology
    Communications of The ACM, 1993
    Co-Authors: Erik Brynjolfsson
    Abstract:

    The retationship between information technology IT and Productivity is widely discussed but little understood. Delivered computing power in the U.S. economy has increased by more than two orders of magnitude since 1970 (Figure 1) yet Productivity, especially in the service sector, seems to have stagnated (Figure 2). Given the enormous promise of IT to usher in «the biggest technological revolution men have known» [29], disillusionment and even frustration with the technology is increasingly evident in statements like «No, computers do not boost Productivity, at least not most of the time» [13]. The increased interest in the «Productivity Paradox,» as it has become known, has engendered a significant amount of research, but thus far, this has only deepened the mystery

  • The Productivity Paradox of information technology
    Communications of the ACM, 1993
    Co-Authors: Erik Brynjolfsson
    Abstract:

    The relationship between information technology (IT) and Productivity is widely discussed, but little understood. The increased interest in the Productivity Paradox, as it has become known, has engendered a significant amount of research, but thus far, this has only deepened the mystery. Recent work suggests that the return to IT spending may in fact be much higher than previously estimated. What is known and not known is summarized, the central issues are distinguished from diversions, and the questions that can be profitably explored in future research are clarified. After reviewing and assessing the research to date, it appears that the shortfall of IT Productivity is as much due to deficiencies in the measurement and methodological tool kit as to mismanagement by developers and users of IT. The research presented reflects the results of a computerized literature search of 30 of the leading journals in both information systems and economics, and includes discussions with leading researchers in the field. The key findings and essential research references are highlighted and discussed.

  • Productivity Paradox on information technology
    Communications of the ACM, 1993
    Co-Authors: Erik Brynjolfsson
    Abstract:

    The relationship between information technology (IT) and Productivity is widely discussed, but little understood. The increased interest in the Productivity Paradox, as it has become known, has engendered a significant amount of research, but thus far, this has only deepened the mystery. Recent work suggests that the return to IT spending may in fact be much higher than previously estimated. What is known and not known is summarized, the central issues are distinguished from diversions, and the questions that can be profitably explored in future research are clarified. After reviewing and assessing the research to date, it appears that the shortfall of IT Productivity is as much due to deficiencies in the measurement and methodological tool kit as to mismanagement by developers and users of IT. The research presented reflects the results of a computerized literature search of 30 of the leading journals in both information systems and economics, and includes discussions with leading researchers in the field. The key findings and essential research references are highlighted and discussed.

Wang Huifen - One of the best experts on this subject based on the ideXlab platform.

  • Design and Construct IT Performance Architecture: Settle the IT Productivity Paradox from Critical Realism ☆
    Procedia Engineering, 2017
    Co-Authors: Wang Huifen
    Abstract:

    Abstract This article conceptualizes Information Technology (IT) performance architecture with dynamic performance process and performance structure, and try to settle the IT Productivity Paradox from critical realism. Two assessment principles are presented: that IT performance assessment procedures should include in the dynamic implementation process in which IT performance are produced by unique individual enterprises, and that assessments should tap IT systems that are possessed by the individual enterprises being assessed and that causally contribute to their overt implementation experiences and actions. The limitations of traditional IT performance assessment strategies based on between-enterprises performance metrics are discussed inlight of these principles. The article then outlines an alternative strategy in which performance architecture are designed and constructedin dynamic procedure that is sensitive to the potentially idiosyncratic performance of individual enterprise. The authors argue that IT system performance assessment can be considered under the IT performance architecture.

  • design and construct it performance architecture settle the it Productivity Paradox from critical realism
    Procedia Engineering, 2017
    Co-Authors: Wang Huifen
    Abstract:

    Abstract This article conceptualizes Information Technology (IT) performance architecture with dynamic performance process and performance structure, and try to settle the IT Productivity Paradox from critical realism. Two assessment principles are presented: that IT performance assessment procedures should include in the dynamic implementation process in which IT performance are produced by unique individual enterprises, and that assessments should tap IT systems that are possessed by the individual enterprises being assessed and that causally contribute to their overt implementation experiences and actions. The limitations of traditional IT performance assessment strategies based on between-enterprises performance metrics are discussed inlight of these principles. The article then outlines an alternative strategy in which performance architecture are designed and constructedin dynamic procedure that is sensitive to the potentially idiosyncratic performance of individual enterprise. The authors argue that IT system performance assessment can be considered under the IT performance architecture.

Francesco Saraceno - One of the best experts on this subject based on the ideXlab platform.

  • technical progress accumulation and financial constraints is the Productivity Paradox really a Paradox
    Structural Change and Economic Dynamics, 2005
    Co-Authors: Mario Amendola, Jeanluc Gaffard, Francesco Saraceno
    Abstract:

    Abstract In the standard representation of technology, Productivity is built into the production function as a given relationship between inputs and output. This representation needs an equilibrium framework, in which the ratios between the factors and output are constant and corresponding to those dictated by the production function coefficients. In this framework, technological advances should be instantaneously mapped into increases in Productivity, and the only way to explain the ‘Productivity Paradox’ is to assume adoption delays. We propose a different approach, by which Productivity is the outcome of an out-of-equilibrium process triggered by a technological shock. The potential gains of a superior technology may only be appropriated if agents succeed in reshaping the productive capacity (whose distinguishing feature is to be temporally articulated), and in recovering the intertemporal coordination disrupted by the introduction of the new technique. Physical, human, and financial capital are complementary in this process of reshaping, and may constrain each other. The outcome of the disequilibrium process depends then on the interaction of accumulation choices, learning, and money supply rules. We argue that the different performances of the US and Europe in the last two decades may be explained along these lines.