Can Domain Theory Combined with the Resource-Based View Demonstrate the Missing Link in IT Value Creation

Michael Bayer*, Franziska Schorr, Lars Hvam

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

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Abstract

The purpose of this paper is to apply the rationale of Domain Theory (DT) with the taxonomy of the Resource-Based View (RBV) to explain how information technology (IT) creates value. Based on literature, a conceptual model was developed, which is tested in a case study. Findings demonstrate that both theories combined are a novel way to describe the IT value creation. Particularly, breaking down the IT value construct into three domains, each described by functions and properties, demonstrates the IT value creation. Describing the IT value creation by functions and properties enables practitioners to both highlight the impact of IT and derive meaningful measurements to prove the value of IT. This research contributes to literature by applying the rationale of DT to describe the IT value creation.
Original languageEnglish
Title of host publicationProceedings of the 2019 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)
Publication date2019
Publication statusPublished - 2019
Event2019 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM) - Macao, China
Duration: 15 Dec 201919 Dec 2019

Conference

Conference2019 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)
CountryChina
CityMacao
Period15/12/201919/12/2019

Cite this

Bayer, M., Schorr, F., & Hvam, L. (2019). Can Domain Theory Combined with the Resource-Based View Demonstrate the Missing Link in IT Value Creation. In Proceedings of the 2019 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)