The Economic Contribution of Software: An Alternative Perspective on the Productivity Paradox

摘要: The complex relationships between information technology investments and business value have been the focus of intensive research in recent years. There appears to be a discernible trend toward more nuanced view which differential effects various categories IT capital such as hardware, software, their interactions with organizational factors are systematically investigated. As well, there is emerging evidence accelerating software greater shift “softwarization” (Langdon 2003) addition linked combining flexible increasingly commoditized hardware. In this paper, we on contributions hardware labor capital. We use industry-level data extend previous studies three ways: (1) by using (1990 2002), (2) focusing IT-using industries private sector, (3) treating two distinct classes adopt commonly used log-linear Cobb Douglas production function approach. Our findings indicate that impacts significantly different comparison productivity benefits attributable largely due inputs. conclude key growth world, show it can closest surrogate represent complementarities macro-level studies.