Impact of IT use on the collective attentional engagement to innovation: the case of a organization in the cork sector

Organizations process a vast amount of information, therefore putting a big strain on collective attention, a limited resource in organizations. When there is poverty of attention, decision and action become erratic and subject to failures. More research addressing the impact of information systems on organizational mindfulness is needed to develop an IS mindfulness theory. By studying how a leading company in the cork industry uses a platform to support the ideation phase of the innovation process, we provide empirical evidence pointing to the contribution of IT artefacts in promoting organizational mindfulness. Collecting research information in meetings, observations and interviews for 1 year, we were able to observe that the platform was engaging the collective attention to the incremental innovation of processes in detriment of the disruptive innovation of products. Our findings are a first contribution to develop an IS mindfulness theory and to design socio-technical arrangements that expand organizational mindfulness

Is Fake News Profitable? The Effect of Distorting Pre-IPO Financing on IPO Performance of Internet Firms

Internet startups often distort financing amounts and release fake news about their financing records. In this study, we explicitly examine whether it pays to release fake news that enclose distorted financing information before the initial public offering (IPO). Combing the first mover advantage research and efficient market hypothesis with the unique attributes of Internet startups, we hypothesize on the effect of distorting pre-IPO financing information on Internet startups’ IPO performance. Empirical analysis based on a unique data set collected from Capital IQ, Crunchbase, the SEC, prospectuses, and news release reveals that the greater Internet startups distort the pre-IPO financing amount, the faster they go public, but the poorer share returns they earn after IPO. This study contributes to the emerging literature on the relationship between IT and entrepreneurship, and provides practical implications for Internet startups and venture capitalists