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Full-Text Articles in Business

Making Sense Of Technology Trends In The Information Technology Landscape, Gediminas Adomavicius, Jesse C. Bockstedt, Alok Gupta, Robert J. Kauffman Dec 2008

Making Sense Of Technology Trends In The Information Technology Landscape, Gediminas Adomavicius, Jesse C. Bockstedt, Alok Gupta, Robert J. Kauffman

Research Collection School Of Computing and Information Systems

A major problem for firms making information technology investment decisions is predicting and understanding the effects of future technological developments on the value of present technologies. Failure to adequately address this problem can result in wasted organization resources in acquiring, developing, managing, and training employees in the use of technologies that are short-lived and fail to produce adequate return on investment. The sheer number of available technologies and the complex set of relationships among them make IT landscape analysis extremely challenging. Most IT-consuming firms rely on third parties and suppliers for strategic recommendations on IT investments, which can lead to …


Market Liquidity Provision For On-Demand Computing, Zhiling Guo Nov 2008

Market Liquidity Provision For On-Demand Computing, Zhiling Guo

Research Collection School Of Computing and Information Systems

This paper focuses on a market intermediary’s role of liquidity provision to support on-demand computing in a dynamic market trading environment. We outline a framework in which a number of distributed agents sell and buy assets based on their changing utilities over time and a service provider acts as a market maker performing market intervention. We present benchmark models based on socially optimal liquidity provision and a brokerage framework. We then examine the benefits and the dealer’s incentives to provide market liquidity.


Understanding Evolution In Technology Ecosystems, Gediminas Adomavicius, Jesse Bockstedt, Alok Gupta, Robert J. Kauffman Oct 2008

Understanding Evolution In Technology Ecosystems, Gediminas Adomavicius, Jesse Bockstedt, Alok Gupta, Robert J. Kauffman

Research Collection School Of Computing and Information Systems

The current environment of information technology can be a complex place for analysts and firms to navigate, especially when making decisions about new product development, technology investment, and technology planning. Many industry analysts recognize that it is difficult, if not impossible, to accurately predict future technological advances. However, successful firms need to understand the nature of technological change and evolution in order to accurately forecast and take advantage of investment and market opportunities. For example, although RFID has been in the news for the past decade as the potential distribution and retail "killer technology", uncertainties about its future technical capabilities, …


Spreadsheet Data Resampling For Monte-Carlo Simulation, Thin Yin Leong, Wee Leong Lee Oct 2008

Spreadsheet Data Resampling For Monte-Carlo Simulation, Thin Yin Leong, Wee Leong Lee

Research Collection School Of Computing and Information Systems

The pervasiveness of spreadsheets software resulted in its increased application as a simulation tool for business analysis. Random values generation supporting such evaluations using spreadsheets are simple and yet powerful. However, the typical approach to Monte-Carlo simulations, which is what simulations with stochasticity are called, requires significant amount of time to be spent on data collection, data collation, and distribution function fitting. In fact, the latter can be overwhelming for undergraduate students to learn and do properly in a short time. Resampling eliminates both the need to fit distributions to the sample data, and to perform the ensuing tests of …


Relative Importance, Specific Investment And Ownership In Interorganizational Systems., Kunsoo Han, Robert J. Kauffman, Barrie R. Nault Sep 2008

Relative Importance, Specific Investment And Ownership In Interorganizational Systems., Kunsoo Han, Robert J. Kauffman, Barrie R. Nault

Research Collection School Of Computing and Information Systems

Implementation and maintenance of interorganizational systems (IOS) require investments by all the participating firms. Compared with intraorganizational systems, however, there are additional uncertainties and risks. This is because the benefits of IOS investment depend not only on a firm's own decisions, but also on those of its business partners. Without appropriate levels of investment by all the firms participating in an IOS, they cannot reap the full benefits. Drawing upon the literature in institutional economics, we examine IOS ownership as a means to induce value-maximizing noncontractible investments. We model the impact of two factors derived from the theory of incomplete …


Do Online Reviews Affect Product Sales? The Role Of Reviewer Characteristics And Temporal Effects, Nan Hu, Ling Liu, Jennifer Zhang Sep 2008

Do Online Reviews Affect Product Sales? The Role Of Reviewer Characteristics And Temporal Effects, Nan Hu, Ling Liu, Jennifer Zhang

Research Collection School Of Computing and Information Systems

Online product reviews provided by consumers who previously purchased products have become a major information source for consumers and marketers regarding product quality. This study extends previous research by conducting a more compelling test of the effect of online reviews on sales. In particular, we consider both quantitative and qualitative aspects of online reviews, such as reviewer quality, reviewer exposure, product coverage, and temporal effects. Using transaction cost economics and uncertainty reduction theories, this study adopts a portfolio approach to assess the effectiveness of the online review market. We show that consumers understand the value difference between favorable news and …


Software Nightmares, Manoj Thulasidas Sep 2008

Software Nightmares, Manoj Thulasidas

Research Collection School Of Computing and Information Systems

To err is human, but to really foul things up, you need a computer. So states the remarkably insightful Murphy’s Law. And nowhere else does this ring truer than in our financial workplace. After all, it is the financial sector that drove the rapid progress in the computing industry – which is why the first computing giant had the word “business” in its name. The financial industry keeps up with the developments in the computer industry for one simple reason. Stronger computers and smarter programs mean more money — a concept we readily grasp. As we use the latest and …


Tuning Into The Digital Channel: Evaluating Business Model Fit For Internet Firm Survival, Robert J. Kauffman, Bin Wang Sep 2008

Tuning Into The Digital Channel: Evaluating Business Model Fit For Internet Firm Survival, Robert J. Kauffman, Bin Wang

Research Collection School Of Computing and Information Systems

More than 5,000 Internet firms have failed since the beginning of 2000. One common perception is that the downturn in the economy drove many firms out of business. But then, why have some firms survived? In this research, we provide an empirical analysis by examining how the business model characteristics of an Internet firm affect its survival. We analyze a panel data set of 130 public Internet firms using two different techniques: non-parametric survival analysis, and the semiparametric Cox proportional hazards model. We characterize the survival rates throughout the lifetimes of the public Internet firms in our sample. Our results …


Learning Outcomes For A Business Information Systems Undergraduate Program, Joelle Elmaleh, Steven Miller, Paul S. Goodman Aug 2008

Learning Outcomes For A Business Information Systems Undergraduate Program, Joelle Elmaleh, Steven Miller, Paul S. Goodman

Research Collection School Of Computing and Information Systems

We present a learning outcomes framework for an Information Systems (IS) undergraduate program. This framework includes a supporting software application that goes beyond any other attempt reported to date to integrate learning outcomes into program-wide and course-wide curriculum development, ongoing curriculum redesign, and student learning support. The Learning Outcomes Management System (LOMS) described here is a first-of-a-kind information system created as part of implementing a program-wide learning outcomes framework in a university setting. Our learning outcomes framework is distinct in that 1) it is based on a three-level hierarchically structured definition of learning outcomes that consistently apply to both the …


Relationship Preserving Auction For Repeated E-Procurement, Park J., Lee J., Lau H. Aug 2008

Relationship Preserving Auction For Repeated E-Procurement, Park J., Lee J., Lau H.

Research Collection School Of Computing and Information Systems

While e-procurement auction has helped firms to achieve lower procurement costs, auction mechanisms that prevail at present in procurement markets need to address an important issue that concerns the ability to maintain long term relationships with the partners, especially in repeated e-procurement settings. In this paper, we propose a Relationship Preserving Auction (RPA) mechanism that augments the conventional auction mechanism with a bidder relationship scoring model. Our proposed mechanism gives increased chances of winning to the bidders who have bidden at relatively competitive price but had comparatively less wins so far. Keeping these bidders in the auction over time will …


The Pricing Strategy Analysis For The Software-As-A-Service Business Model, Dan Ma, Abraham Seidmann Aug 2008

The Pricing Strategy Analysis For The Software-As-A-Service Business Model, Dan Ma, Abraham Seidmann

Research Collection School Of Computing and Information Systems

The Software-as-a-Service (SaaS) model is a novel way of delivering software applications. In this paper, we present an analytical model to study the competition between the SaaS and the traditional COTS (Commercial off-the-shelf) software. The main research goal is to analyze the pricing strategy of the SaaS in a competitive setting. The model captures the most salient differences between the SaaS and COTS, including their distinct pricing structures, user initial setup costs, system customization levels, and delivery channels. We find that the two could coexist in a competitive market in the long run, and more importantly, we show how the …


Spreadsheet Modeling Of Equipment Acquisition Plan, Thin Yin Leong, Michelle L. F. Cheong Jul 2008

Spreadsheet Modeling Of Equipment Acquisition Plan, Thin Yin Leong, Michelle L. F. Cheong

Research Collection School Of Computing and Information Systems

Excel spreadsheets have been used in many classrooms to teach modeling and analysis of real business problems. This can be done with relative ease but often the modeling approach may be inappropriate and the analysis results not easily implemented. In this article, we illustrate these difficulties with the modeling of the number of equipment required in future years, given demand (historical and projected) and the amount of equipment held. We show how the desired output can be, and needs to be related to the given input. For this purpose, we apply the TREND function to predict data into future years. …


Issues And Procedures In Adopting Structural Equation Modelling Technique, Siu Loon Hoe Jul 2008

Issues And Procedures In Adopting Structural Equation Modelling Technique, Siu Loon Hoe

Research Collection School Of Computing and Information Systems

When applying structural equation modeling (SEM) technique for analytical procedures, various issues are involved. These issues may concern sample size, overall fit indices and approach. Initiates of SEM may find it somewhat daunting in resolving these technical issues. The purpose of this paper is to highlight key issues in adopting SEM technique and various approaches available. This paper provides a discussion on the sample size, fit indices, standardized paths, unidimensionality test and various approaches in relation to SEM. It is hoped that having reviewed the paper, new researchers can devote more time to data analysis instead of procedural issues involved.


Electric Elves: What Went Wrong And Why, Milind Tambe, Emma Bowring, Jonathan Pearce, Pradeep Reddy Varakantham, Paul Scerri, David V. Pynadath Jun 2008

Electric Elves: What Went Wrong And Why, Milind Tambe, Emma Bowring, Jonathan Pearce, Pradeep Reddy Varakantham, Paul Scerri, David V. Pynadath

Research Collection School Of Computing and Information Systems

Software personal assistants continue to be a topic of significant research interest. This article outlines some of the important lessons learned from a successfully-deployed team of personal assistant agents (Electric Elves) in an office environment. In the Electric Elves project, a team of almost a dozen personal assistant agents were continually active for seven months. Each elf (agent) represented one person and assisted in daily activities in an actual office environment. This project led to several important observations about privacy, adjustable autonomy, and social norms in office environments. In addition to outlining some of the key lessons learned we outline …


Work Dispersion, Process-Based Learning And Offshore Software Development Performance, Narayanasamy Ramasubbu, Sunil Mithas, M. S. Krishnan, Chris Kemerer Jun 2008

Work Dispersion, Process-Based Learning And Offshore Software Development Performance, Narayanasamy Ramasubbu, Sunil Mithas, M. S. Krishnan, Chris Kemerer

Research Collection School Of Computing and Information Systems

In this paper we develop a learning-mediated model of offshore software project productivity and quality to examine whether widely adopted structured software processes are effective in mitigating the negative effects of work dispersion in offshore software development. We explicate how the key process areas of the capability maturity model (CMM) can be utilized as a platform to launch learning routines in offshore software development and thereby explain why some offshore software development process improvement initiatives are more effective than others. We validate our learning-mediated model of offshore software project performance by utilizing data collected from 42 offshore software projects of …


Platform Competition In Digital Systems: Architectural Control And Value Migration, C. Jason Woodard May 2008

Platform Competition In Digital Systems: Architectural Control And Value Migration, C. Jason Woodard

Research Collection School Of Computing and Information Systems

Digital systems give rise to complex layered architectures in which products at one layer serve as platforms for applications and services in adjacent layers. Platform owners face a difficult balancing act. On one hand, they need to make their platforms attractive to potential complementors by mitigating the threat of architectural lock-in. On the other hand, platform owners must be careful not to give away too much too soon, or risk being unable to recoup their own investments. This paper presents an agent-based model that explores this tension at both the firm and industry levels. Computational experiments show that boundedly rational …


Architectural Control Points, C. Jason Woodard May 2008

Architectural Control Points, C. Jason Woodard

Research Collection School Of Computing and Information Systems

System designers and technology strategists have long recognized the concept of an architectural control point as a way to identify parts of a system that have particular strategic importance. Despite the vast body of work on system architecture in the engineering design literature, however, few authors have attempted to define architectural control points or study them systematically. Moreover, some industry participants have questioned whether architectural control is still a valuable or achievable goal in an era of increasingly open standards. This paper offers tentative definitions of architectural control, architectural control points, and architectural strategy. In a longer version of the …


Collective Outsourcing To Market (Com): A Market-Based Framework For Information Supply Chain Outsourcing, Fang Fang, Zhiling Guo, Andrew B. Whinston Jan 2008

Collective Outsourcing To Market (Com): A Market-Based Framework For Information Supply Chain Outsourcing, Fang Fang, Zhiling Guo, Andrew B. Whinston

Research Collection School Of Computing and Information Systems

This paper discusses the importance of and a solution to separating the information flow from the physical product flow in a supply chain. Motivated by the inefficient demand forecast caused by information asymmetry and lack of an incentive among supply chain partners to share valuable information, we propose a radically new framework called collective outsourcing to market (COM) to address many information supply chain design challenges. To validate the COM framework, we consider a supply chain with one manufacturer and multiple downstream retailers. Retailers privately acquire demand forecast information that they do not have incentive to share horizontally with other …


Multi-Echelon Repairable Item Inventory System With Limited Repair Capacity Under Nonstationary Demands, Hoong Chuin Lau, Huawei Song Jan 2008

Multi-Echelon Repairable Item Inventory System With Limited Repair Capacity Under Nonstationary Demands, Hoong Chuin Lau, Huawei Song

Research Collection School Of Computing and Information Systems

Classical multi-echelon repairable item inventory models are based either on steady-state analysis or infinite repair capacity, which may not work well in situations when the demand is nonstationary, or repair capacity is limited. In this paper, we propose an analytical model for evaluating system performance that works well under limited repair capacity and nonstationary demands. Following the METRIC methodology, we then develop an optimisation algorithm to solve the corrective maintenance problem in military logistics. Experimental results show that our approach yields good solutions efficiently. This work has also resulted in a software that has been field-tested by a military organisation.


Probabilistic Sales Forecasting For Small And Medium-Size Business Operations, Randall E. Duran Jan 2008

Probabilistic Sales Forecasting For Small And Medium-Size Business Operations, Randall E. Duran

Research Collection School Of Computing and Information Systems

One of the most important aspects of operating a business is the forecasting of sales and allocation of resources to fulfill sales. Sales assessments are usually based on mental models that are not well defined, may be biased, and are difficult to refine and improve over time. Defining sales forecasting models for small- and medium-size business operations is especially difficult when the number of sales events is small but the revenue per sales event is large. This chapter reviews the challenges of sales forecasting in this environment and describes how incomplete and potentially suspect information can be used to produce …


A Growth-Theoretic Empirical Analysis Of Simultaneity In Cross-National E-Commerce Development, Shu-Chun Ho, Robert J. Kauffman, Ting-Peng Liang Jan 2008

A Growth-Theoretic Empirical Analysis Of Simultaneity In Cross-National E-Commerce Development, Shu-Chun Ho, Robert J. Kauffman, Ting-Peng Liang

Research Collection School Of Computing and Information Systems

The emergence of information and communication technologies infrastructure has transformed the global economy. The development of information technology infrastructure is limited to some developed countries though. This research explores the role of information technology infrastructure in B2C e-commerce growth at the country-level from the perspective of growth theory in economics. We propose a hybrid exogenous and endogenous growth model to explain e-commerce growth. We estimate a panel data model that incorporates the direct effects of e-commerce infrastructure and other key explanatory variables. We further specify a simultaneous effects model that permits the analysis of reverse causality in the association between …