of output produced per unit of input. While it is easy to define, it is notoriously difficult to measure, especially in the modern economy. In particular, there are two aspects of productivity that have increasingly defied precise measurement: output and input. Properly measured, output should include not just the number of widgets coming out of a factory, or the lines of code produced by a pro...

Two versions of the so-called Gibbs paradox are discussed. Both of these are shown to be non-paradoxes. It is also shown that there is a different real paradox that emerges from Gibbs writings.

in spite of importance of it deployment, nowadays in many organizations we are witness of appearing problems related to dissatisfaction of business needs due to high investment in the field of it. the fervent debate concerning it productivity–or lack of such productivity- named productivity paradox persuade us to survey relationship between it–business alignment and business performance. the pu...

This paper employs the manufacturing sampling survey data from the industry, commerce, and service census of Taiwan in 1991 to explore the issue of whether IT investment brings about the productivity paradox. In order to take the improvement of product quality caused by IT investment into account, a proper computer price index is used to deflate the IT variable. This paper applies the Translog ...

The service industries in general and financial services in particular have been disproportionately large investors in information technology. However, critics have suggested that the productivity effects of this investment have been negligible, a serious outcome given the importance of the service sector in the modern economy. This issue is part of a wider failure of many empirical studies to ...

Virtually all Enterprise Systems (ES) implementation projects start with a purchase contract. Yet there has been little research on ES contracting approaches, and how those approaches relate to the previous literature on productivity gains from spending on those systems. Building on the IT productivity paradox notion, this paper proposes a model of divergent ES contracting approaches in the ser...

The sfarfing point ($ fhis paper is the producfivify paradox of Information Technology (IT). This means that, in spite of huge investments in IT, there has been no evidence of positive effects on fhe producfivif.v of economy as a whole. The present paper shows that the positive elfects of IT on productivity can only he jiul!y exploited hy implementing new strategies and new organizational conce...

Almost every major consulting firm offers a variation on IT benchmarking or knowledge management to help companies improve their resource use and gauge the efficacy of their IT investments. Despite the perceived importance that such ubiquitous offerings imply, general evidence for any productivity enhancements did not appear until 1996 (Brynjolfsson & Hitt). The continued absence of productivit...