2004
DOI: 10.2139/ssrn.518242
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Why Information Should Influence Productivity

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Cited by 23 publications
(17 citation statements)
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References 98 publications
(49 reference statements)
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“…Two views can be distinguished to account for the value of information networks [27]: the orthodox economic approach and the evolutionary economic approach. The orthodox economic approach views information as an observable production input changing the uncertainty regarding the performance of an economic system.…”
Section: Orthodox and Evolutionary Economicsmentioning
confidence: 99%
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“…Two views can be distinguished to account for the value of information networks [27]: the orthodox economic approach and the evolutionary economic approach. The orthodox economic approach views information as an observable production input changing the uncertainty regarding the performance of an economic system.…”
Section: Orthodox and Evolutionary Economicsmentioning
confidence: 99%
“…A more advanced stream of literature, more in line with evolutionary economics, attempts to depict the value of particular subcomponents of IT [6,27,102,144]. For example, [144] used a multi-theoretic lens to argue that IT investments and capabilities influenced firm performance through three significant organizational capabilities (agility, digital-options and entrepreneurial-alert) and strategic processes (capabilitybuilding, entrepreneurial action and co-evolutionary adaptation).…”
Section: Literature On the Value Of Itmentioning
confidence: 99%
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“…Selection is the process of scanning for the unknown or generating courses of action that improve on known alternatives (see [6]). For maximal productivity, the agent has to decide for a stopping point in an uncertain environment, while keeping computational requirements within limits.…”
Section: Selectivitymentioning
confidence: 99%