3 research outputs found

    Relative Importance, Specific Investment and Ownership in Interorganizational Systems.

    Get PDF
    Author's post-print on any open access repository after 12 months after publication. Must link to publisher version http://www.ucalgary.ca.ezproxy.lib.ucalgary.ca/bnault/files/bnault/itm_sep_2008.pdfImplementation and maintenance of interorganizational systems (IOS) require investments by all the participating firms. Compared with intraorganizational sys- tems, however, there are additional uncertainties and risks. This is because the benefits of IOS investment depend not only on a firm’s own decisions, but also on those of its business partners. Without appropriate levels of investment by all the firms participating in an IOS, they cannot reap the full benefits. Drawing upon the literature in institutional economics, we examine IOS ownership as a means to induce value-maximizing noncontractible investments. We model the impact of two factors derived from the theory of incomplete contracts and transaction cost economics: relative importance of investments and specificity of investments. We apply the model to a vendor-managed inventory system (VMI) in a supply chain setting. We show that when the specificity of investments is high, this is a more critical determinant of optimal ownership structure than the relative importance of investments. As technologies used in IOS become increasingly redeployable and reusable, and less specific, the relative importance of investments becomes a dominant factor. We also show that the bargaining mechanism—or the agreed upon approach to splitting the incremental payoffs—that is used affects the relationship between these factors in determining the optimal ownership structure of an IOS.Ye

    Applying Institutional Theoretical Frameworks in MIS Research

    Get PDF
    This article investigates how Information Systems researchers apply institutional theoretical frameworks. We include theoretical, methodological and empirical aspects to explore modalities of use. After an overview of institutional concepts, we carry out a thematic analysis of journal papers on IS and institutional theory indexed in EBSCO and ABI databases from 1999 to 2009. This consists of descriptive, thematic coding and cluster analysis of this textual database. On the basis of thematic coding and cluster analysis, our findings suggest three groups of publications which represent different methodological approaches and empirical foci: descriptive exploratory approaches, generalizing approaches, and sociological approaches. We suggest that these three groups represent possible patterns of the use of meta social theories in IS research, reflecting a search for disciplinary legitimacy. This helps us analyze papers according to how they use and apply theories. We identify the organizing vision and the regulatory approach as two institutionalist intermediary concepts developed by IS researchers. Furthermore, we find that institutional theoretical frameworks have been used in direct, intermediary or combined conceptualizations. As a conclusion, we make suggestions to blend different conceptualizations, methodologies and empirical foci to enrich the use of institutionalist theories in IS empirical research. A comparison with the use of, for instance, structuration theory in IS research would also further insights into how researchers apply meta theories and may help develop IS theorization further
    corecore