MIT Sloan School of Management Working Paper Series最新文献_第5页

Work Redesign: Theory, Practice, and Possibility 工作再设计:理论、实践和可能性

MIT Sloan School of Management Working Paper Series Pub Date : 2004-02-01 DOI: 10.2139/SSRN.509762

L. Bailyn, Joyce K. Fletcher

引用次数: 17

Measuring the Impact of Information Technology on Value and Productivity Using a Process-Based Approach: The Case for RFID Technologies 使用基于过程的方法测量信息技术对价值和生产力的影响:以RFID技术为例

MIT Sloan School of Management Working Paper Series Pub Date : 2003-12-01 DOI: 10.2139/ssrn.478582

B. Subirana, Chad C. Eckes, George Herman, S. Sarma, M. Barrett

{"title":"Measuring the Impact of Information Technology on Value and Productivity Using a Process-Based Approach: The Case for RFID Technologies","authors":"B. Subirana, Chad C. Eckes, George Herman, S. Sarma, M. Barrett","doi":"10.2139/ssrn.478582","DOIUrl":"https://doi.org/10.2139/ssrn.478582","url":null,"abstract":"There has been a lot of research addressing the relationship between Information Technology (IT) investments and productivity. Most of the work has been based on firm-level metrics such as total IT investment. We present what we believe is one of the first attempts to create a systematic methodology to assess the impact of IT in business process performance metrics. Our approach builds on the MIT Process Handbook as a basis to both guide the analysis and capture the resulting knowledge for future use. We will present preliminary results on how to use such methodology to analyze the impact of a given IT technology, namely RFID (radio frequency identification devices), in performance metrics of a consumer packaged goods company. We are interested in looking at how IT may impact performance metrics such as productivity, cost and value. We believe our methodology can help CPG companies prioritize their investments. We show results on how the specialization features of the MIT Process Handbook can incorporate performance metrics to help assess such investments in RFID.","PeriodicalId":239656,"journal":{"name":"MIT Sloan School of Management Working Paper Series","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123573122","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 59

Information Technology, Organizational Learning, and the Market Value of the Firm 信息技术、组织学习与企业市场价值

MIT Sloan School of Management Working Paper Series Pub Date : 2003-08-22 DOI: 10.2139/ssrn.427585

S. Hunter

{"title":"Information Technology, Organizational Learning, and the Market Value of the Firm","authors":"S. Hunter","doi":"10.2139/ssrn.427585","DOIUrl":"https://doi.org/10.2139/ssrn.427585","url":null,"abstract":"This paper compares the mean and variance of cumulative abnormal returns following announcements of two types of information technology (IT) investments: those which entail the \"exploitation\" of firm's current capabilities vs. those which involve the exploration of new capabilities. The paper addresses two understudied questions in research on the contribution of IT to firm performance: the contingent nature of those contributions and the impact on risk (or variance), as well as on return (mean). To examine these questions I first performed a standard event study analysis on a sample of 150 announcements of IT investments made by 59 publicly-traded retailers between the years 1990-1997. I performed two types of multivariate regression analysis on the event returns: ordinary least squares (to assess the impact of the two types of investments on the mean level of returns) and multiplicative heteroscedastic regression (to determine the impact on the variance of the returns). The results indicate that, as expected, IT investments \"exploitative\" IT investments have the same mean as, yet lower variance than, abnormal returns associated with \"exploratory\" IT investments. Somewhat unexpectedly, I found that both types of IT investments had a significantly negative impact on the market value of the firm. Taken together, these findings suggest that the characteristics of IT investments themselves, as well as the industry and strategic context within which they were made, are important determinants of the market value of the firm. As such, the results of this study should be of interest to researchers interested in the contribution of IT to firm performance and to MIS professionals both in the retailing sector, in particular, and other service sectors, more generally.","PeriodicalId":239656,"journal":{"name":"MIT Sloan School of Management Working Paper Series","volume":"64 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123151829","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 74

Consumer Surplus in the Digital Economy: Estimating the Value of Increased Product Variety at Online Booksellers 数字经济中的消费者剩余:估计在线书商增加的产品种类的价值

MIT Sloan School of Management Working Paper Series Pub Date : 2003-06-01 DOI: 10.2139/ssrn.400940

E. Brynjolfsson, Yu Jeffrey Hu, Michael D. Smith

{"title":"Consumer Surplus in the Digital Economy: Estimating the Value of Increased Product Variety at Online Booksellers","authors":"E. Brynjolfsson, Yu Jeffrey Hu, Michael D. Smith","doi":"10.2139/ssrn.400940","DOIUrl":"https://doi.org/10.2139/ssrn.400940","url":null,"abstract":"We present a framework and empirical estimates that quantify the economic impact of increased product variety made available through electronic markets. Recent research has focused on the effect of increased competition on Internet market efficiency. While these efficiency gains significantly enhance consumer welfare, for instance by leading to lower average selling prices, our present research shows that increased product variety made available through electronic markets can be a significantly larger source of consumer welfare gains. One reason for increased product variety on the Internet is the ability of online retailers to stock, display, and sell a large number of products. For example, the number of book titles available at Amazon.com is over 18 times larger than the number at a typical Barnes & Noble superstore, and 45 times greater than the number of books available at a typical large independent bookstore. Our analysis indicates that the increased product variety of online bookstores enhanced consumer welfare by $756 million to $971 million dollars in the year 2000, which is at least five times as large as the consumer welfare gain from increased competition and lower prices in this market. There may also be large welfare gains in other SKU-intensive consumer goods such as music, movies, consumer electronics, and computer software and hardware.","PeriodicalId":239656,"journal":{"name":"MIT Sloan School of Management Working Paper Series","volume":"295 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2003-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121363968","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1292

Spinning-Off New Ventures from Academic Institutions in Areas with Weak Entrepreneurial Infrastructure: Insights on the Impact of Spin-Off Processes on the Growth-Orientation of Ventures 创业基础设施薄弱地区的学术机构分拆新创企业:分拆过程对企业成长导向影响的洞察

MIT Sloan School of Management Working Paper Series Pub Date : 2003-05-01 DOI: 10.2139/ssrn.413080

Jean-Jacques Degroof, E. Roberts

引用次数: 28

Interest-Based Negotiations at Kaiser Permanente Kaiser Permanente基于利益的谈判

MIT Sloan School of Management Working Paper Series Pub Date : 2003-04-01 DOI: 10.2139/SSRN.413101

R. B. Mckersie, S. Eaton, Thomas A. Kochan

引用次数: 6

Out of the Ashes: Options for Rebuilding Airline Labor Relations 走出灰烬:重建航空公司劳资关系的选择

MIT Sloan School of Management Working Paper Series Pub Date : 2003-03-01 DOI: 10.2139/SSRN.395452

T. Kochan, Andrew von Nordenflycht, R. B. Mckersie, J. H. Gittell

引用次数: 5

Interpersonal Action Across Organizational Boundaries: Threat and Trust in the Context of Social Network Diversity 跨组织边界的人际行为:社会网络多样性背景下的威胁与信任

MIT Sloan School of Management Working Paper Series Pub Date : 2003-03-01 DOI: 10.2139/ssrn.388361

Michele Williams

引用次数: 1

Finding Commercially Attractive User Innovations: A Performance Evaluation of the 'Lead User Construct' 寻找具有商业吸引力的用户创新:“领先用户结构”的绩效评估

MIT Sloan School of Management Working Paper Series Pub Date : 2003-01-01 DOI: 10.2139/ssrn.367140

N. Franke, E. von Hippel

引用次数: 9

Offsetting the Incentives: Risk Shifting and Benefits of Benchmarking in Money Management 抵消激励:资金管理中基准的风险转移和收益

MIT Sloan School of Management Working Paper Series Pub Date : 2002-12-01 DOI: 10.2139/ssrn.403140

Suleyman Basak, A. Pavlova, Alex Shapiro

{"title":"Offsetting the Incentives: Risk Shifting and Benefits of Benchmarking in Money Management","authors":"Suleyman Basak, A. Pavlova, Alex Shapiro","doi":"10.2139/ssrn.403140","DOIUrl":"https://doi.org/10.2139/ssrn.403140","url":null,"abstract":"Money managers are rewarded for increasing the value of assets under management, and predominantly so in the mutual fund industry. This gives the manager an implicit incentive to exploit the well-documented positive fund-flows to relative-performance relationship by manipulating her risk exposure. In a dynamic portfolio choice framework, we show that as the year-end approaches, the ensuing convexities in the manager's objective induce her to closely mimic the index, relative to which her performance is evaluated, when the fund's year-to-date return is sufficiently high. As her relative performance falls behind, she chooses to deviate from the index by either increasing or decreasing the volatility of her portfolio. The maximum deviation is achieved at a critical level of underperformance. It may be optimal for the manager to reach such deviation via selling the risky asset despite its positive risk premium. Under multiple sources of risk, with both systematic and idiosyncratic risks present, we show that optimal managerial risk shifting may not necessarily involve taking on any idiosyncratic risk. Costs of misaligned incentives to investors resulting from the manager's policy are economically significant. We then demonstrate how a simple risk management practice that accounts for benchmarking can ameliorate the adverse effects of managerial incentives.","PeriodicalId":239656,"journal":{"name":"MIT Sloan School of Management Working Paper Series","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2002-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128010205","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 56