On the value of information from using information systems

Author

Mason, Charles F. ; Ragowsky, Arik

Author_Institution

Dept. of Econ. & Finance, Wyoming Univ., Laramie, WY, USA

Volume

3

fYear

1997

fDate

7-10 Jan 1997

Firstpage

278

Abstract

Past research has struggled to identify any evidence of tangible benefits from information systems (IS). Nevertheless, it seems clear that IS can facilitate the identification of less-costly sources of inputs for firms, by making it easier and cheaper to evaluate prospective suppliers´ offers. If this is so, then adopting IS should connote a value of information. The authors develop a model that relates this potential value to various characteristics. Then, using a random sample of 310 medium and large sized manufacturing organizations they test the validity of the model. The results are strongly supportive of the model, and so provide support for the hypothesis that IS provides tangible benefits and has a positive impact on the organization´s performance

Keywords

information systems; information use; manufacturing data processing; information system use; information value; manufacturing organizations; model validity; organization performance; prospective supplier offers; Costs; Finance; Industrial relations; Information systems; Investments; Productivity; Raw materials; Statistics; Testing; Virtual manufacturing;

fLanguage

English

Publisher

ieee

Conference_Titel

System Sciences, 1997, Proceedings of the Thirtieth Hawaii International Conference on

Conference_Location

Wailea, HI

ISSN

1060-3425

Print_ISBN

0-8186-7743-0

Type

conf

DOI

10.1109/HICSS.1997.661610

Filename

661610