Although social network technologies have been the focus of many articles in the popular and business press, businesses remain unclear about their value. We use theory and data gathered from IT leaders to develop an initial model assessing the value of social network technologies in the business environment. Insights are given into when different features should be used to enhance existing busi...

The market for derivatives with payoffs contingent on the credit quality of a number of reference entities has grown considerably over recent years. The risk analysis and valuation of such multi-name structures often relies on simulating the performance of the underlying credits. In this paper we discuss the simulation of correlated unpredictable default arrival times. Our algorithm is based on...

Risk analysis is a tool for investigating and reducing uncertainty related to outcomes of future activities. Probabilities are key elements in risk analysis, but confusion about interpretation and use of probabilities often weakens the message from the analyses. Under the predictive, epistemic approach to risk analysis, probabilities are used to express uncertainty related to future values of o...

This study investigates the effect of IT-business strategic alignment on organizational agility by considering the effects of IT flexibility and IT capability on strategic alignment. Also this study investigates the moderating role of environmental uncertainty on the relationship between strategic alignment and organizational agility. This research is an applied research based on purpose and de...

Spectrum scarcity forces mobile network operators (MNOs) providing mobile broadband services to develop new business models that address spectrum sharing. It engages MNOs into coopetitive relationship with incumbents. Licensed Shared Access (LSA) concept complements traditional licensing and helps MNOs to access new spectrum bands on a shared basis. This paper discusses spectrum sharing with LS...

More than ever, enterprises aim at assuring their structure and initiative portfolio are aligned and support value-creation. However, essential, explicit and cross-cutting models that allow keeping bottom-line in sight over the whole initiative lifecycle are generally absent. The role of IT Demand Management is instrumental in addressing this issue due to its unique positioning between business...

Information technology matters to business success because it directly affects the mechanisms through which they create and capture value to earn a profit: IT is thus integral to a firm’s business-level strategy. Much of the extant research on the IT/strategy relationship, however, inaccurately frames IT as only a functionallevel strategy. This widespread under-appreciation of the business-leve...

After more than a decade of intensive studies, business value of information technology continues to generate interest and debate among both academics and practitioners. Drawing upon the IT value literature and the resource-based view of the firm, we develop a process-oriented model of IT value creation in the context of electronic business. Instead of a dichotomous measure of “adoption vs. non...