An empirical research of the effect of internet-based innovation on business value.

Soto-Acosta, Pedro; Loukis, Euripidis; Colomo Palacios, Ricardo; Lytras, Miltiadis D.

Publication:
An empirical research of the effect of internet-based innovation on business value.

dc.affiliation.dpto	UC3M. Departamento de Informática	es
dc.affiliation.grupoinv	UC3M. Grupo de Investigación: SoftLab	es
dc.contributor.author	Soto-Acosta, Pedro
dc.contributor.author	Loukis, Euripidis
dc.contributor.author	Colomo Palacios, Ricardo
dc.contributor.author	Lytras, Miltiadis D.
dc.date.accessioned	2012-07-10T09:04:30Z
dc.date.available	2012-07-10T09:04:30Z
dc.date.issued	2010-12-18
dc.description.abstract	In recent years, much debate about the value of information technology (IT) in general and e-business in particular and has been raised. Aiming to contribute to the investigation of whether and how Internet/WWW technologies create business value, this paper develops a conceptual model, grounded on a well established theoretical foundation from the strategic management domain, the resource-based view (RBV) of the firm, which analyzes web infrastructure and internet-based innovation as sources of business value. The methodology involved a large data source collected by the European e-Business Market Watch, an established e-business observatory organization sponsored by the European Commission. Results show that web infrastructure is not significantly related to business value, while on the contrary Internet-based innovation has a positive significant impact on business value. In addition, results show no significant complementarities between web infrastructure and internet-based innovation. These findings indicate that firms should be very careful when they decide to make this kind of investments, since they have to combine ‘hard’ investments in web infrastructure with ‘soft’ investments for the development of new products, services and processes exploiting the capabilities of this infrastructure.
dc.description.sponsorship	We would like to thank e-Business Watch for the support provided. We also thank Fundación Cajamurcia for the financial support.
dc.description.status	Publicado
dc.format.mimetype	application/pdf
dc.identifier.bibliographicCitation	African Journal of Business Management, (Dec. 2010), 4(18), 4096-4105.
dc.identifier.issn	1993-8233
dc.identifier.publicationfirstpage	4096
dc.identifier.publicationissue	18
dc.identifier.publicationlastpage	4105
dc.identifier.publicationtitle	African Journal of Business Management
dc.identifier.publicationvolume	4
dc.identifier.uri	https://hdl.handle.net/10016/14862
dc.language.iso	eng
dc.publisher	Academic Journals
dc.rights	Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRights	open access
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.eciencia	Informática
dc.subject.other	e-Business
dc.subject.other	Information technology
dc.subject.other	Resource-based theory
dc.subject.other	Internet
dc.subject.other	Innovation
dc.subject.other	Business value
dc.title	An empirical research of the effect of internet-based innovation on business value.
dc.type	research article	*
dc.type.hasVersion	VoR	*
dspace.entity.type	Publication