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Full-Text Articles in Business

The Social Embeddedness Of Transactions: Evidence From The Residential Real Estate Industry, Steve Sawyer, Kevin Crowston, Rolf T. Wigand, Marcel Allbritton Jan 2001

The Social Embeddedness Of Transactions: Evidence From The Residential Real Estate Industry, Steve Sawyer, Kevin Crowston, Rolf T. Wigand, Marcel Allbritton

School of Information Studies - Faculty Scholarship

Information and communications technologies (ICT) are becoming pervasive in the residential real estate industry and affecting the work lives of real estate agents. Drawing on data from a regional study of the residential real-estate industry in the United States, we focus on the disintermediation or, more accurately, the re-intermediation of real estate agents in the sales process. We examine how real estate agents are (1) taking advantage of new ICT in their work, and (2) protecting themselves from others wishing to displace their position in the real estate value chain. Our analysis draws on two contrasting theoretical approaches to better …


Information And Communication Technologies In The Real Estate Industry: Results Of A Pilot Survey, Rolf T. Wigand, Kevin Crowston, Steve Sawyer, Marcel Allbritton Jan 2001

Information And Communication Technologies In The Real Estate Industry: Results Of A Pilot Survey, Rolf T. Wigand, Kevin Crowston, Steve Sawyer, Marcel Allbritton

School of Information Studies - Faculty Scholarship

We have been studying the growing use of information and communication technologies (ICT) in the residential real estate industry and the effects of this use on how realtors work. Earlier stages of our project involved qualitative research to develop a better understanding of the industry, the work of realtors and their use of ICT. In this paper we report on the results of qualitative research and a pilot of a survey intended to gather large-scale data on realtors and ICT use.


Option-Based Management Of Technology Investment Risk, Michel Benaroch Jan 2001

Option-Based Management Of Technology Investment Risk, Michel Benaroch

Management - All Scholarship

Real operating (flexibility) options embedded in a technology investment are valuable because they allow management to take rational, value-adding actions that could favorably affect operational traits of the investment (timing, scale, scope, etc.). These options, however, are not inherent in technology investments. Rather, they usually must be carefully planned and designed to fit each investment differently. Building on concepts from the area of financial risk management, this paper presents a methodology for planning the creation of specific operating options designed to maximize the value of a technology investment in light of the risks underlying that investment. The paper also illustrates …