This work attempts to shed light on the “information technology productivity paradox”. Employing a large data set of Italian manufacturing firms we compute ICT marginal productivity across different cluster of firms and the impact of information and communication technology (ICT) on output growth. Following Yorukoglu’s (1998) vintage capital idea, in which ICT is associated with consistent lear...

Research on IT infrastructure investments and organizational productivity has been marked with ambiguity, evidenced by the much debated productivity paradox. Part of the ambiguity arises from a paradigmatic aggregated treatment of IT infrastructure and productivity constructs along with a disregard for contingencies and time lags. The focus in this paper is to extend the component based view to...

American Airlines’ apocryphal success with the Sabre System heralded the potential of IT as a source of strategic benefits (Hammer, 1991). While the competitive advantages from superior IT investments are widely recognized, actual returns received on IT investments vary widely and the IT productivity paradox has international recognition (Brynjolfsson & Hitt, 1998; Dewan & Kraemer, 1998; Santos...

In this paper we analyse some of the classical paradoxes in Social Choice Theory (namely, the Condorcet paradox, the discursive dilemma, the Ostrogorski paradox and the multiple election paradox) using a general framework for the study of aggregation problems called binary aggregation with integrity constraints. We provide a definition of paradox that is general enough to account for the four c...