Article history: Received 8 March 2007 Received in revised form 14 October 2009 Accepted 20 October 2009 Available online xxxx JEL classification: D24 L63 L86

This paper examines emerging industries that exhibit positive network effects. We put forward a dynamic model in which two technologies compete to be the standard. The model provides a quantitative method for the valuation of firms. We use the model to examine the relationship between network effects, consumer heterogeneity, and prices. We show that the firm value depends strongly on the partic...

Because this type of data analysis has, in many cases, outpaced existing technological capabilities, interest is growing in the potential economic impact of big data technology investments—as well as challenges that may prevent implementation. One particular challenge for enterprises is the difficulty of acquiring the technical skills required to support big-data tools. A 2012 report1 about Sea...

The redesign of a web presence can be classified as both an IT investment and an ecommerce initiative. The empirical literature provides some evidence that the market is sensitive to e-commerce announcements via press releases, but it is not known what types of announcements affect the value of the firm. Our research examines the issue of web site redesign in commercial organizations by studyin...