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The Evolution of Research on IS Banker & Kauffman Presented by Saurabh Nyalkalkar

Introduction
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Retrospective look at the contributions to the foundations of IS and IT Literature Five research streams that deal with different definitions of Managerial problems related to IT are identified.
1. 2. 3. 4. 5.

Decision Support and Design Science Value of Information Human Computer Interaction IS Organization and Strategy Economics of Information Systems & Technology

Decision Support & Design Science


OVERVIEW
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Level of Analysis
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System Level Decision Theory, Network Optimization Theory, Control Theory Mathematical Programming, Forecasting, Simulation, Expert Systems Computer Sciences, Operations Research, Economics, Strategic Management

Theories
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Methodologies Used
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Related Disciplines
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Decision Support & Design Science


PERIOD Early Period 1956 - 1958 1969 (Kriebel) 1974 (MacCrimmon) 1975 (Moskowitz) 1972 Employing IS provided a basis for more effective market evaluation, long range planning, and production control Team Theory to illustrate the mutual dependency between costs of acquired information and the decision it supports Validated descriptive aspects of Team Theory Information and decision systems for production planning IS use for scheduling in organizational contexts. E.g., multicriteria optimization for workforce scheduling, regional blood management KEY IDEAS

1988 (Sharda et al.) Whether success of the system could be effectively documented?

Decision Support & Design Science


PERIOD Recent Years KEY IDEAS Empirical analysis of new artifacts and theory development encouraged by technological changes and methodological advances Design of auction systems

2000 (Kelly & Steinberg), 2003 (Bapna et.al) 2001 (Ba et al.)

Market mechanism to design optimal strategies for investment in knowledge

Value of Information
OVERVIEW
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Level of Analysis
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Individual decision makers, technologies in business context, firm action in market contexts Information economics, real options theory, information sharing theory Decision trees, analytical models, statistical analysis, mathematical programming, simulation Economics, decision sciences, risk management

Theories
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Methodologies Used
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Related Disciplines
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Value of Information
PERIOD KEY IDEAS Information, Managerial Flexibility, Decision Making 1975 (Miller) 1975 (Ponssard) 1976 (Ponssard) 1971 (Hoos) 1975 (King & Cleland) 1981 (Hilton) Value of information under conditions of primary dependency on sequence of presentation Dominance criteria for optimal strategic actions Information value in competition Use of information systems in public planning MIS Design Managerial flexibility has no general monotonic relationship with information value. Accuracy & aggregation level - critical determinants of value of information Analysis of settings in which divisional manager possess asymmetric information and different goals. - An incentive based transfer pricing scheme

1982 (Harris et al.)

Value of Information
PERIOD 1985 (McCardle), 1987 (Mamer & McCardle) 1996 (Parsons) 1997 (Mehrofer) 2003 ( Schwarz, Zozaya-Gorostiza) KEY IDEAS Value of information based thinking to optimize information acquisition for technology adoption under uncertainity Modeling of information using information theory Why value of perfect information is increasing in managerial flexibility Real options to study commitment escalation and project investment

Human Computer Systems Design


OVERVIEW
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Level of Analysis
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User focused, both individual and groups. Cognitive style, behavioral decision theory Experiments, argumentation, simulation, system test beds Cognitive psychology, decision science, design science

Theories
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Methodologies Used
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Related Disciplines
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Human Computer Systems Design


PERIOD 1971 (Ackoff) KEY IDEAS Management misinformation, over abundance of irrelevant information Heuristic cognitive styles vs Systematic cognitive styles 1978 (Chervany & Dickson) Zmudd 1984 (Remus) 1987 (DeSanctis, Gallup) The Minnesota experiments to study information overload. They found that decision making was affected by IS structure and attributes of individual decision makers Counterpoints to Minnesota experiments Group Decision Support Tabulted information vs Graphical information Framework for applying & design of GDSS and EMS

IS Organization & Strategy


OVERVIEW
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Level of Analysis
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Individuals, groups, business units, organizations, market places Diffusion theory, media richness theory, resource based view of the firm, transaction cost economics, task technology fit, technology acceptance model Models, case studies, field studies, experiments, surveys, crosssectional and longitudinal designs, argumentation.. Organizational theory, strategic management, social psychology, cognitive psychology, economics

Theories
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Methodologies Used
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Related Disciplines
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Key Ideas
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IS use and user satisfaction User development communication patterns Theory of reasoned actions Technology acceptance model Diffusion of innovations model Task-technology fit model

Key Ideas
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IS, Strategic planning


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Determinants of electronic integration Structure of IT & Organizational Change Effective global disaggregation Impact of IT on stock evaluation Potential value of e-commerce evaluation

Economics of IS & IT
OVERVIEW
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Level of Analysis
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Individuals, groups, business units, firm, organizations, market places Theory of firm, production economics, game theory, contract & incomplete contracts theory, network externalities Analytical modeling, empirical analysis and econometrics, crosssectional and longitudinal designs, experiments, simulation Economics, Operations research, Management.

Theories
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Methodologies Used
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Related Disciplines
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Key Ideas
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IT investements, Firm Size, Productivity & Value The productivity paradox IT Substitution and International productivity estimates Process performance, Customer satisfaction and Systems use effects Software Engineering Economics Software Development Productivity Software Quality, Capability maturity, Software Contracts

Key Ideas
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IT Planning, Knowledge Workers and IS Human Capital Economics of Technology Diffusion


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Network externalities Punctuated technology diffusion model

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Coordination mechanisms and ownership of IT Assets IT, Financial markets & Internet based mercantile exchange IT impacts in the financial markets Internet based market mechanisms for mercantile exchange Economics, IS and Electronic commerce Towards IPR, KM, Infrastructure outsourcing, design of IT based market mechanisms

Way Ahead
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Continued study of problems in IS management It is expected that the extent of inter-disciplinary research will increase Development in other disciplines will continue to play a key role in development in managerial knowledge of IT.