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Why Information Should Influence Productivity
Nathaniel Bulkley University of Michigan at Ann Arbor - School of Information Marshall W. Van Alstyne Boston University - Department of Management Information Systems; MIT - Center for E-Business March 18, 2004 MIT Sloan Research Paper No. 4680-08 Abstract: After offering a brief historical overview, this article presents a broad set of hypotheses in an effort to connect information to productivity. There are three contributions from this work. First, it distills observations from a diverse literature as prelude to exploring these theories empirically. Second, it applies two concrete models of information value, relating them to the economic definition of productivity, while considering how network structure influences information flow. Third, examples from an ongoing empirical study illustrate each hypothesis to give it practical significance. Interested readers may also test precise interpretations of these theories in an online simulation environment of networked societies.
Keywords: information technology, productivity, information economics, social networks, search JEL Classifications: D24, D8, L23, L86, M10 Working Paper SeriesDate posted: January 24, 2008 ; Last revised: October 28, 2008Suggested CitationContact Information
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