nep-ict New Economics Papers
on Information and Communication Technologies
Issue of 2014‒04‒18
six papers chosen by
Walter Frisch
University Vienna

  1. Will Facebook save or destroy social capital? An empirical investigation into the effect of online interactions on trust and networks By Fabio Sabatini; Francesco Sarracino
  2. Information Technology and the Distribution of Inventive Activity By Chris Forman; Avi Goldfarb; Shane Greenstein
  3. Remarks at the Fifth Data Management Strategies and Technologies Workshop By McAndrews, James J.
  4. Reframing outsourcing through social networks: evidence from Infocert's case study By Giovanni Vaia; Anna Moretti
  5. The development of the DDG-capability in firms: An evaluation of its impact on firm financial performance By Elisabetta Raguseo; Claudio Vitari
  6. Dynamic visualization of large transaction networks: the daily Dutch overnight money market By Ronald Heijmans; Richard Heuver; Clement Levallois; Iman van Lelyveld

  1. By: Fabio Sabatini; Francesco Sarracino
    Abstract: Studies in the social capital literature have documented two stylised facts: first, a decline in measures of social participation has occurred in many OECD countries. Second, and more recently, the success of social networking sites (SNSs) has resulted in a steep rise in online social participation. Our study adds to this body of research by conducting the first empirical assessment of how online networking affects two economically relevant aspects of social capital, i.e. trust and sociability. We find that participation in SNSs such as Facebook and Twitter has a positive effect on face to face interactions. However, social trust decreases with online interactions. Several interpretations of these findings are discussed.
    Keywords: social participation; online networks; Facebook; Internet-mediated communication; social capital; broadband; digital divide
    JEL: C36 D85 O33 Z13
    Date: 2013–12
    URL: http://d.repec.org/n?u=RePEc:usi:wpaper:692&r=ict
  2. By: Chris Forman; Avi Goldfarb; Shane Greenstein
    Abstract: We examine the relationship between the diffusion of advanced internet technology and the geographic concentration of invention, as measured by patents. First, we show that patenting became more concentrated from the early 1990s to the early 2000s and, similarly, that counties that were leaders in patenting in the early 1990s produced relatively more patents by the early 2000s. Second, we compare the extent of invention in counties that were leaders in internet adoption to those that were not. We see little difference in the growth rate of patenting between leaders and laggards in internet adoption, on average. However, we find that the rate of patent growth was faster among counties who were not leaders in patenting in the early 1990s but were leaders in internet adoption by 2000, suggesting that the internet helped stem the trend towards more geographic concentration. We show that these results are largely driven by patents filed by distant collaborators rather than non-collaborative patents or patents by non-distant collaborators, suggesting low cost long-distance digital communication as a potential mechanism.
    JEL: O31 O33 R11
    Date: 2014–04
    URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:20036&r=ict
  3. By: McAndrews, James J. (Federal Reserve Bank of New York)
    Abstract: Remarks at the Fifth Data Management Strategies and Technologies Workshop, Federal Reserve Bank of New York, New York City
    Keywords: data innovation; data stewardship; Consumer Credit Panel (CCP); Quarterly Report on Household Debt and Credit; Survey of Consumer Expectations
    JEL: C80 D10 D80
    Date: 2014–04–08
    URL: http://d.repec.org/n?u=RePEc:fip:fednsp:131&r=ict
  4. By: Giovanni Vaia (Dept. of Management, Università Ca' Foscari Venice); Anna Moretti (Dept. of Management, Università Ca' Foscari Venice)
    Abstract: In an over-connected world where ICTs dominate firms' development and evolution, outsourcing is an increasingly adopted practice by IT firms facing a third-generation of inter-firm interactions: after the IT and business processes' outsourcing, and then the offshore outsourcing, now we face a sourcing ecosystem tagged as human cloud, where the online work and virtual workers are the center of the new system. Notwithstanding some relevant contributions to the literature about IT outsourcing, still few is known about how coordination between client and supplier can achieve superior outcomes through the development of collaborative practices. In particular, the use of IT tools devoted to sociality as a coordination mechanism has been under-investigated. This research provides insights about how a company can change attitudes and behaviors of client and supplier thanks to an IT tool deputed to collaboration: the social collaboration system. Through an explorative case study, our paper provides two main contributions to the literature about IT outsourcing: i) we show how the adoption of a social collaboration system improves ITO governance and performance, providing further empirical evidence on the role of social mechanisms in ITO relationships; ii) we show how the introduction of a social collaboration system in outsourcing management can influence and change the building blocks of its life-cycle.
    Keywords: IT outsourcing, governance, social collaboration, relational view, outsourcing lifecycle
    JEL: L24 M55
    Date: 2014–04
    URL: http://d.repec.org/n?u=RePEc:vnm:wpdman:77&r=ict
  5. By: Elisabetta Raguseo (Polito - Politecnico di Torino [Torino] - Politecnico di Torino); Claudio Vitari (MTS - Management Technologique et Strategique - Grenoble École de Management (GEM))
    Abstract: We examine whether firms that develop the Digital Data Genesis dynamic capability show higher performance. Using detailed survey data on the capabilities developed by companies by the usage of digital data and firm financial performance of 96 firms, we find that the firms that develop the DDG dynamic capability have levels of ROA, ROS and revenue growth higher than others do. Our results provide one of the first empirical evidence on the direct link between DDG dynamic capability and firm financial performance
    Keywords: Digital Data Genesis; dynamic capabilities; Firm financial performance
    Date: 2013
    URL: http://d.repec.org/n?u=RePEc:hal:gemwpa:hal-00969190&r=ict
  6. By: Ronald Heijmans; Richard Heuver; Clement Levallois; Iman van Lelyveld
    Abstract: This paper shows how large data sets can be visualized in a dynamic way to support exploratory research, highlight econometric results or provide early warning information. The case studies included in this paper case are based on the payments and unsecured money market transaction data of the Dutch part of the Eurosystem's large value payment system, TARGET2. We show how animation facilitates analysis at three different levels. First, animation shows how the market macrostructure develops. Second, it enables individual banks that are of interest to be followed. Finally, it facilitates a comparison of the same market at different moments in time and of different markets (such as countries) at the same moment in time.
    Keywords: interbank network; visualization
    JEL: G01 G2 G21
    Date: 2014–03
    URL: http://d.repec.org/n?u=RePEc:dnb:dnbwpp:418&r=ict

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