Extended economic models for information systems balance theory

Yong, Jianming and Finger, Susan (2014) Extended economic models for information systems balance theory. In: 18th IEEE International Conference on Computer Supported Cooperative Work in Design (CSCWD 2014), 21-23 May 2014, Hsinchu, Taiwan.

Abstract

Even though we are in the information age, we do not have quantitative, objective tools to evaluate organisational information systems. This paper contributes a fundamental theory: information systems balance theory for this purpose. We design and develop a theoretic framework based on an economic model. We use this robust economic model to explain the value chain of designated information systems. Through finding the information systems balance point, we identify the comfort zone by calculating the average ratio of the notation value (V) of designated information systems and its organisational revenue for a certain period of time.


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Item Type: Conference or Workshop Item (Commonwealth Reporting Category E) (Paper)
Refereed: Yes
Item Status: Live Archive
Additional Information: © 2014 IEEE. Permanent restricted access to published version due to publisher copyright policy.
Faculty / Department / School: Current - Faculty of Business, Education, Law and Arts - School of Management and Enterprise
Date Deposited: 16 Jan 2015 06:20
Last Modified: 12 Jun 2017 04:23
Uncontrolled Keywords: economic models; information systems; system balance theory
Fields of Research : 08 Information and Computing Sciences > 0806 Information Systems > 080612 Interorganisational Information Systems and Web Services
15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150301 Business Information Management (incl. Records, Knowledge and Information Management, and Intelligence)
08 Information and Computing Sciences > 0806 Information Systems > 080609 Information Systems Management
Socio-Economic Objective: B Economic Development > 89 Information and Communication Services > 8903 Information Services > 890301 Electronic Information Storage and Retrieval Services
Identification Number or DOI: 10.1109/CSCWD.2014.6846885
URI: http://eprints.usq.edu.au/id/eprint/26572

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