Strategy, Information, Technology, Economics, and Society (SITES)

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https://hdl.handle.net/10125/102612

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    Within and Beyond Firm Boundaries: Can Strategic Digitalization and Cross-Firm Information Integration Lessen Complex Uncertainty?
    (2023-01-03) Li, Xiaotong; Kauffman, Robert; Kim, Kwansoo
    Inefficiencies and coordination failures in firm deci-sion-making may be caused by the lack of common or shared information. Game theory and information economics highlight complex uncertainty as a driver of such failures, so research is needed to delineate the roles of technology, digitalization, and cross-firm in-formation integration to address the problem within and beyond the firm’s boundaries. There are three rea-sons this is key to IS’s disciplinary development. Relational contracts within firm boundaries are pervasive, so maintaining shared information among decision-makers is hard. Thus, increased digitalization to reduce uncertainty is relevant for decision-making. Since interorganizational systems ease interfirm governance and shared decisions, connecting digitalization and firm-level transaction costs has become more importantt. The effects of uncertainty reduction depend on IS capabilities and effective cross-firm information integration. Weoffer new insights into performance differences for linked firms. To illustrate our perspective, we analyze several fintech minicases.
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    Privacy Policy and Hosts’ Concerns on Accommodation Sharing Platforms
    (2023-01-03) Hu, Jiang; Zhang, Jie; Liang, Huigang
    Accommodation-sharing services are gaining great popularity via online community platforms in recent years. Meanwhile, users’ privacy concerns over social interactions and online transactions on these platforms are escalating. This study investigates whether and how privacy policy can properly mitigate hosts’ privacy concerns, enhance perceived benefits, and subsequently encourage their information disclosure on the accommodation sharing platforms (ASPs). Through a scenario-based survey and a controlled experiment, we find that the hosts are more concerned about the other users’ misappropriating the private information that the hosts disclose on the platform than the platforms’ privacy invasion behaviors. However, this major concern is not significantly mitigated by the current privacy policy. Moreover, privacy policy engenders two types of perceived benefits, among which the perceived social benefit has a stronger effect than economic benefit on the hosts’ intentions to disclose information on ASPs.
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    Investor Attention and Crowdfunding Performance
    (2023-01-03) Hu, Lin; Li, Kun; Wu, Zhenhua; Gu, Bin
    Today's digital era facilitates the rise of crowdfunding markets by allowing entrepreneurs to seek funding directly from crowds. Crowdfunding, as IT-enabled disintermediation, lowers entry barriers for crowds to invest in business projects and entrepreneurs to obtain funding, yet may exacerbate information asymmetry and absorb investor attention to process information about the potential projects. We develop a model wherein investors with limited attention aggregate personalized information about (reward-based) crowdfunding projects and conduct comparative analyses on how rises in investors’ unit attention cost (associated with greater distractions) affect investor attention, investment decisions, and crowdfunding performance. We then exploit a novel measure of distraction---news pressure---to test the effects of distraction on investor engagement and crowdfunding performance empirically, and the results support our model predictions.
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    Discontinuous Technological Change and Relaxations of Regulatory Restrictions to Achieve Societal Objectives for the Environment, with Focus on IP Protections
    (2023-01-03) Clemons, Eric; Schreieck, Maximilian
    We address cases where improvements in information technology for measurement and monitoring should result in regulatory relaxation, in contrast with much recent research, which focuses on situations where these improvements should result in increased regulatory restrictions on the actions permitted by large platform operators. We focus specifically on the problem of reducing environmental degradation, and we explore how regulatory restrictions associated with intellectual property (IP) rights should be relaxed in the presence of demonstrable reductions in environmental impact that result from improvements made by parties other than the owners of the IP. We explore how Environmental Impact Merit should be used to compel the owner of the IP to adopt improvements and to compel compensation to the improver. Future research will develop additional examples where regulatory relaxation is appropriate.