How information technology influences opportunity exploration and exploitation firm's capabilities

Jose Benitez; Javier Llorens; Jessica Braojos

doi:10.1016/j.im.2018.03.001

How information technology influences opportunity exploration and exploitation firm's capabilities

Jose Benitez^*
, Javier Llorens
, Jessica Braojos

^*Corresponding author for this work

Research output: Indexed journal article › Article › peer-review

149 Citations (Scopus)

Abstract

Understanding how and why some firms have proficiency in exploring and exploiting opportunities is a cutting-edge research problem. Our central thesis is that information technology (IT) performs a key role in firms’ opportunity exploration and exploitation. We test the proposed theory using partial least squares path modeling on a combination of survey and secondary data from 203 Spanish firms. We find that: (1) IT infrastructure provides the foundation to build business experimentation and the flexibility to sense and explore business opportunities; and (2) IT-enabled business flexibility helps firms to develop the operational proficiency to exploit opportunities and increase their performance.

Original language	English
Pages (from-to)	508-523
Number of pages	16
Journal	Information and Management
Volume	55
Issue number	4
DOIs	https://doi.org/10.1016/j.im.2018.03.001
Publication status	Published - Jun 2018
Externally published	Yes

Keywords

Business flexibility
Business opportunities
Business value of IT
Exploration and exploitation
IT infrastructure

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10.1016/j.im.2018.03.001

Cite this

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title = "How information technology influences opportunity exploration and exploitation firm's capabilities",

abstract = "Understanding how and why some firms have proficiency in exploring and exploiting opportunities is a cutting-edge research problem. Our central thesis is that information technology (IT) performs a key role in firms{\textquoteright} opportunity exploration and exploitation. We test the proposed theory using partial least squares path modeling on a combination of survey and secondary data from 203 Spanish firms. We find that: (1) IT infrastructure provides the foundation to build business experimentation and the flexibility to sense and explore business opportunities; and (2) IT-enabled business flexibility helps firms to develop the operational proficiency to exploit opportunities and increase their performance.",

keywords = "Business flexibility, Business opportunities, Business value of IT, Exploration and exploitation, IT infrastructure",

author = "Jose Benitez and Javier Llorens and Jessica Braojos",

note = "Funding Information: This research was sponsored by the European Regional Development Fund (European Union) and the Government of Spain (Research Project ECO2013-47027-P and Research Grant FPU13/01643 ), the Regional Government of Andalusia (Research Project P11-SEJ-7294), and the COVIRAN-Prodware Chair of Digital Human Resource Strategy at the School of Human Resource Management of the University of Granada, Spain . This research was partially performed while the first author was affiliated with the University of Granada. This paper has benefited from the comments of Gautam Ray, Rita Walczuch, and Varun Grover. Publisher Copyright: {\textcopyright} 2018 Elsevier B.V.",

year = "2018",

month = jun,

doi = "10.1016/j.im.2018.03.001",

language = "English",

volume = "55",

pages = "508--523",

journal = "Information and Management",

issn = "0378-7206",

publisher = "Elsevier B.V.",

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T1 - How information technology influences opportunity exploration and exploitation firm's capabilities

AU - Benitez, Jose

AU - Llorens, Javier

AU - Braojos, Jessica

N1 - Funding Information: This research was sponsored by the European Regional Development Fund (European Union) and the Government of Spain (Research Project ECO2013-47027-P and Research Grant FPU13/01643 ), the Regional Government of Andalusia (Research Project P11-SEJ-7294), and the COVIRAN-Prodware Chair of Digital Human Resource Strategy at the School of Human Resource Management of the University of Granada, Spain . This research was partially performed while the first author was affiliated with the University of Granada. This paper has benefited from the comments of Gautam Ray, Rita Walczuch, and Varun Grover. Publisher Copyright: © 2018 Elsevier B.V.

PY - 2018/6

Y1 - 2018/6

N2 - Understanding how and why some firms have proficiency in exploring and exploiting opportunities is a cutting-edge research problem. Our central thesis is that information technology (IT) performs a key role in firms’ opportunity exploration and exploitation. We test the proposed theory using partial least squares path modeling on a combination of survey and secondary data from 203 Spanish firms. We find that: (1) IT infrastructure provides the foundation to build business experimentation and the flexibility to sense and explore business opportunities; and (2) IT-enabled business flexibility helps firms to develop the operational proficiency to exploit opportunities and increase their performance.

AB - Understanding how and why some firms have proficiency in exploring and exploiting opportunities is a cutting-edge research problem. Our central thesis is that information technology (IT) performs a key role in firms’ opportunity exploration and exploitation. We test the proposed theory using partial least squares path modeling on a combination of survey and secondary data from 203 Spanish firms. We find that: (1) IT infrastructure provides the foundation to build business experimentation and the flexibility to sense and explore business opportunities; and (2) IT-enabled business flexibility helps firms to develop the operational proficiency to exploit opportunities and increase their performance.

KW - Business flexibility

KW - Business opportunities

KW - Business value of IT

KW - Exploration and exploitation

KW - IT infrastructure

UR - https://www.scopus.com/pages/publications/85044002207

U2 - 10.1016/j.im.2018.03.001

DO - 10.1016/j.im.2018.03.001

M3 - Article

AN - SCOPUS:85044002207

SN - 0378-7206

VL - 55

SP - 508

EP - 523

JO - Information and Management

JF - Information and Management

IS - 4

ER -

How information technology influences opportunity exploration and exploitation firm's capabilities

Abstract

Keywords

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