Journal of Management Information Systems
Diffusion in computing networks: the case of BITNET
Communications of the ACM
Sustaining IT advantage: the role of structural differences
MIS Quarterly - Special issue on the strategic use of information systems
The productivity paradox of information technology
Communications of the ACM
Competitor and vendor influence on the adoption of innovative applications in electronic commerce
Information and Management
Information Technology Effects on Firm Performance As Measured by Tobin's Q
Management Science
The Illusory Diffusion of Innovation: An Examination of Assimilation Gaps
Information Systems Research
Information Systems Research
The Impact of E-Commerce Announcements on the Market Value of Firms
Information Systems Research
Market reactions to E-business outsourcing announcements: an event study
Information and Management
Information Systems Research
Value Implications of Investments in Information Technology
Management Science
Journal of Management Information Systems
The DeLone and McLean Model of Information Systems Success: A Ten-Year Update
Journal of Management Information Systems
Journal of Management Information Systems
Market reaction to patent infringement litigations in the information technology industry
Information Systems Frontiers
Information Systems Research
Wired for Innovation: How Information Technology is Reshaping the Economy
Wired for Innovation: How Information Technology is Reshaping the Economy
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Today, few firms could survive for very long without their computer systems. IT has permeated every corner of firms. Firms have reached the current state in their use of IT because IT has provided myriad opportunities for firms to improve performance and, firms have availed themselves of these opportunities. Some have argued, however, that the opportunities for firms to improve their performance through new uses of IT have been declining. Are the opportunities to use IT to improve firm performance diminishing? We sought to answer this question. In this study, we develop a theory and explain the logic behind our empirical analysis; an analysis that employs a different type of event study. Using the volatility of firms' stock prices to news signaling a change in economic conditions, we compare the stock price behavior of firms in the IT industry to firms in the utility and transportation and freight industries. Our analysis of the IT industry as a whole indicates that the opportunities for firms to use IT to improve their performance are not diminishing. However, there are sectors within the IT industry that no longer provide value-enhancing opportunities for firms. We also find that IT products that provided opportunities for firms to create value at one point in time, later become necessities for staying in business. Our results support the key assumption in our work.