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Understanding IT business value creation and evaluation in least developed economies

By Acklesh Prasad

Abstract

Information Technology (IT) is an important resource that can facilitate growth and development in both the developed and developing economies. The forces of globalisation increase the digital divide between the developed and developing economies is increasing. The least developed economies (LDEs) are the most vulnerable within this environment. Intense competition for IT resources means that LDEs need a deeper understanding of how to source and evaluate their IT-related efforts. This effort puts LDEs in a better position to source funding from various stakeholders and promote localized investment in IT. This study presents a complementary approach to securing better IT-related business value in organizations in the LDEs. It further evaluates how IT and the complementaries need to managed within the LDEs. Analysis of data collected from five LDEs show that organizations that invest in IT and related complementaries are able to better their business processes. The data also suggest that improved business processes lead to overall business processes improvements. The above is only possible if organizations adopt IT and make related changes in the complementary resources within the established culture and localizing the required changes

Topics: 150100 ACCOUNTING AUDITING AND ACCOUNTABILITY, Organisation-Level Performance, Business Value,, IT Investments, IT-Related Complementaries, Process-Level Performance, LDE
Publisher: Department of Information Systems, City University of Hong Kong
Year: 2011
OAI identifier: oai:eprints.qut.edu.au:48567
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