{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2023,10,2]],"date-time":"2023-10-02T08:57:29Z","timestamp":1696237049977},"reference-count":70,"publisher":"Association for Computing Machinery (ACM)","issue":"1","license":[{"start":{"date-parts":[[2017,2,8]],"date-time":"2017-02-08T00:00:00Z","timestamp":1486512000000},"content-version":"vor","delay-in-days":0,"URL":"http:\/\/www.acm.org\/publications\/policies\/copyright_policy#Background"}],"funder":[{"name":"Project Group Business and Information Systems Engineering of the Fraunhofer Institute for Applied Information Technology FIT"}],"content-domain":{"domain":["dl.acm.org"],"crossmark-restriction":true},"short-container-title":["SIGMIS Database"],"published-print":{"date-parts":[[2017,2,8]]},"abstract":"Companies regularly have to decide whether, when, and to what extent to invest in IT innovations with different maturities. Together with mature IT innovations, companies should incorporate emerging IT innovations in their investment strategy. Emerging IT innovations have not yet been widely accepted. Thus, they are characterized by higher uncertainty about their future evolution but have potentially high long-term returns. To enable mindfulness in these decision-making processes, the literature emphasizes organizational learning through continuous engagement in IT innovations to enhance a company?s ability to understand, successfully adopt, and implement emerging IT innovations. IT innovation literature so far has focused on qualitative work, but lacks of quantitative models for the analysis of ex-ante investment decisions. Therefore, we develop a dynamic optimization model that determines the optimal allocation of an IT innovation budget to mature and emerging IT innovations, considering the impact of organizational learning. Based on our model, we examine relevant causal relationships by analyzing the influence of uncertainty, a company?s initial individual innovativeness, and the market?s average investment share on the optimal engagement. We find that companies should always invest at least a small portion of their budget in emerging IT innovations, regardless of their actual innovativeness. Our results offer new insights into the crucial determinants of investment decisions and provide the basis for future quantitative research on emerging IT innovations.<\/jats:p>","DOI":"10.1145\/3051473.3051477","type":"journal-article","created":{"date-parts":[[2017,2,16]],"date-time":"2017-02-16T20:59:48Z","timestamp":1487278788000},"page":"53-74","update-policy":"http:\/\/dx.doi.org\/10.1145\/crossmark-policy","source":"Crossref","is-referenced-by-count":4,"title":["Mindful Engagement in Emerging IT Innovations"],"prefix":"10.1145","volume":"48","author":[{"given":"Bj\u00f6rn Steven","family":"H\u00e4ckel","sequence":"first","affiliation":[{"name":"University of Applied Sciences, Faculty of Computer Science, Augsburg, Germany"}]},{"given":"Andreas","family":"Lindermeir","sequence":"additional","affiliation":[{"name":"Augsburg University, Augsburg, Germany"}]},{"given":"Florian","family":"Moser","sequence":"additional","affiliation":[{"name":"Fidor Bank AG, Munich, Germany"}]},{"given":"Stefan","family":"Pfosser","sequence":"additional","affiliation":[{"name":"Augsburg University, Augsburg, Germany"}]}],"member":"320","published-online":{"date-parts":[[2017,2,8]]},"reference":[{"key":"e_1_2_1_1_1","doi-asserted-by":"publisher","DOI":"10.5465\/amr.1991.4279484"},{"key":"e_1_2_1_2_1","doi-asserted-by":"publisher","DOI":"10.2307\/2667053"},{"key":"e_1_2_1_3_1","volume-title":"Washington, D.C.","author":"Ashworth M.","year":"2004"},{"key":"e_1_2_1_4_1","doi-asserted-by":"publisher","DOI":"10.1287\/isre.6.1.3"},{"key":"e_1_2_1_5_1","volume-title":"Dynamic Programming","author":"Bellmann R. E.","year":"1957"},{"key":"e_1_2_1_6_1","doi-asserted-by":"publisher","DOI":"10.5555\/1289776.1289779"},{"key":"e_1_2_1_7_1","doi-asserted-by":"publisher","DOI":"10.1016\/0305-0483(75)90075-4"},{"key":"e_1_2_1_8_1","volume-title":"Experimental and quasi-experimental designs for research","author":"Campbell D. T.","year":"1966"},{"key":"e_1_2_1_9_1","doi-asserted-by":"publisher","DOI":"10.2307\/249617"},{"issue":"3","key":"e_1_2_1_10_1","first-page":"2","article-title":"Just how (un)realistic are evolutionary algorithms as representations of social processes","volume":"1","author":"Chattoe E.","year":"1998","journal-title":"Journal of Artificial Social Science Simulation"},{"key":"e_1_2_1_11_1","doi-asserted-by":"publisher","DOI":"10.1080\/09537329808524322"},{"key":"e_1_2_1_12_1","doi-asserted-by":"publisher","DOI":"10.1080\/07421222.1990.11517887"},{"key":"e_1_2_1_13_1","volume-title":"Financial Theory and Corporate Policy.\" Boston","author":"Copeland T. E.","year":"2005"},{"issue":"2","key":"e_1_2_1_14_1","first-page":"193","article-title":"A Dual-Core Model of Organizational Innovation","volume":"21","author":"Daft R. L.","year":"1978","journal-title":"The Academy of Management Journal"},{"key":"e_1_2_1_15_1","doi-asserted-by":"publisher","DOI":"10.5465\/amr.2007.24351453"},{"key":"e_1_2_1_16_1","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.44.5.595"},{"key":"e_1_2_1_17_1","doi-asserted-by":"publisher","DOI":"10.1287\/orsc.6.3.241"},{"key":"e_1_2_1_18_1","doi-asserted-by":"publisher","DOI":"10.5555\/2869931.2869935"},{"key":"e_1_2_1_19_1","volume-title":"Mastering the Hype Cycle: How to choose the right innovation at the right time.\" Boston","author":"Fenn J.","year":"2008"},{"key":"e_1_2_1_20_1","volume-title":"How does technology destiny affect organizational innovation?\" Proceedings of the Academy of Management Conference","author":"Fichman R. G.","year":"2003"},{"key":"e_1_2_1_21_1","doi-asserted-by":"publisher","DOI":"10.17705\/1jais.00054"},{"key":"e_1_2_1_22_1","doi-asserted-by":"publisher","DOI":"10.1287\/isre.1040.0021"},{"key":"e_1_2_1_23_1","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.43.10.1345"},{"key":"e_1_2_1_24_1","doi-asserted-by":"publisher","DOI":"10.5465\/amr.2003.8925227"},{"key":"e_1_2_1_25_1","volume-title":"Gartner's 2012 Hype Cycle Special Report Evaluates the Maturity of 1,900 Technologies\" 22.08.2012,","author":"Gartner","year":"2012"},{"key":"e_1_2_1_26_1","doi-asserted-by":"publisher","DOI":"10.1287\/isre.8.3.273"},{"key":"e_1_2_1_27_1","volume-title":"Milan, Italy.","author":"H\u00e4ckel B.","year":"2013"},{"key":"e_1_2_1_28_1","volume-title":"?The Error Of Fixed Strategies In IT Innovation Investment Decisions.\" Proceedings of the 21st European Conference on Information Systems (ECIS)","author":"H\u00e4ckel B.","year":"2013"},{"key":"e_1_2_1_29_1","volume-title":"?Evaluating Different IT Innovation Investment Strategies from an Ex Ante and Ex Post Evaluation Perspective.\" appears in: International Journal of Innovation and Technology Management","author":"H\u00e4ckel B.","year":"2015"},{"key":"e_1_2_1_30_1","doi-asserted-by":"publisher","DOI":"10.1016\/S0925-5273(02)00240-2"},{"key":"e_1_2_1_31_1","doi-asserted-by":"publisher","DOI":"10.2307\/25148625"},{"key":"e_1_2_1_32_1","doi-asserted-by":"publisher","DOI":"10.1016\/S0167-7187(98)00020-4"},{"key":"e_1_2_1_33_1","doi-asserted-by":"publisher","DOI":"10.2307\/249629"},{"key":"e_1_2_1_34_1","doi-asserted-by":"publisher","DOI":"10.1109\/TEM.2004.839962"},{"key":"e_1_2_1_35_1","doi-asserted-by":"publisher","DOI":"10.4018\/jgim.2006010101"},{"key":"e_1_2_1_36_1","doi-asserted-by":"publisher","DOI":"10.1109\/52.136161"},{"key":"e_1_2_1_37_1","volume-title":"Managerial innovation.\" In: Nystrom","author":"Kimberly J. R.","year":"1981"},{"key":"e_1_2_1_38_1","doi-asserted-by":"publisher","DOI":"10.1057\/ejis.2010.36"},{"issue":"4","key":"e_1_2_1_39_1","first-page":"205","article-title":"Implementation, Innovation, and Related Themes Over The Years In Information Systems Research","volume":"8","author":"Lucas","year":"2007","journal-title":"Journal of the AIS"},{"issue":"4","key":"e_1_2_1_40_1","first-page":"126","article-title":"Decision Trees for Decision Making","volume":"42","author":"Magee J. F.","year":"1964","journal-title":"Harvard Business Review"},{"key":"e_1_2_1_41_1","volume-title":"IT (Information Technology) Portfolio Management Step-by-Step: Unlocking the Business Value of Technology.\" Hoboken: Wiley","author":"Maizlish B.","year":"2005"},{"issue":"7","key":"e_1_2_1_42_1","first-page":"98","article-title":"Investing in the IT That Makes a Competitive Difference","volume":"86","author":"McAfee A.","year":"2008","journal-title":"Harvard Business Review"},{"key":"e_1_2_1_43_1","doi-asserted-by":"publisher","DOI":"10.2307\/25148636"},{"key":"e_1_2_1_44_1","doi-asserted-by":"publisher","DOI":"10.1016\/0272-6963(89)90033-8"},{"key":"e_1_2_1_45_1","volume-title":"Crossing the Chasm: Marketing and Selling Technology Products to Mainstream Customers","author":"Moore G. A.","year":"1998"},{"key":"e_1_2_1_46_1","volume-title":"Evaluating IT Fashion Investments regarding Risk and Return.\" Proceedings of the 17th Americas Conference on Information Systems (AMCIS)","author":"Moser F.","year":"2011"},{"key":"e_1_2_1_47_1","doi-asserted-by":"publisher","DOI":"10.1016\/S0090-2616(00)80006-6"},{"issue":"4","key":"e_1_2_1_48_1","first-page":"1","article-title":"Managing Your Innovation Portfolio","volume":"3","author":"Nagji B.","year":"2012","journal-title":"Harvard Business Review"},{"key":"e_1_2_1_49_1","doi-asserted-by":"publisher","DOI":"10.2753\/MIS0742-1222240302"},{"key":"e_1_2_1_50_1","doi-asserted-by":"publisher","DOI":"10.1145\/381790.381805"},{"key":"e_1_2_1_51_1","doi-asserted-by":"publisher","DOI":"10.2753\/MIS0742-1222260110"},{"key":"e_1_2_1_52_1","doi-asserted-by":"publisher","DOI":"10.1111\/j.1540-5915.2011.00323.x"},{"key":"e_1_2_1_53_1","doi-asserted-by":"publisher","DOI":"10.1016\/S0959-8022(99)00017-X"},{"key":"e_1_2_1_54_1","volume-title":"Diffusion of Innovations","author":"Rogers E. M.","year":"2003"},{"issue":"2","key":"e_1_2_1_55_1","first-page":"51","article-title":"Beyond the business case: New approaches to IT investment","volume":"43","author":"Ross J. W.","year":"2002","journal-title":"MIT Sloan Management Review"},{"key":"e_1_2_1_56_1","doi-asserted-by":"publisher","DOI":"10.2307\/249370"},{"key":"e_1_2_1_57_1","volume-title":"Global Sensitivity Analysis.\" Hoboken: John Wiley & Sons","author":"Saltelli A.","year":"2008"},{"key":"e_1_2_1_58_1","doi-asserted-by":"publisher","DOI":"10.1145\/1735223.1735258"},{"key":"e_1_2_1_59_1","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.40.9.1069"},{"key":"e_1_2_1_60_1","doi-asserted-by":"publisher","DOI":"10.5555\/2017236.2017239"},{"key":"e_1_2_1_61_1","doi-asserted-by":"publisher","DOI":"10.1002\/smj.337"},{"key":"e_1_2_1_62_1","volume-title":"Understanding IT Innovations Through Computational Analysis of Discourse.\" Proceedings of the 30th International Conference on Information Systems (ICIS)","author":"Tsui C. J.","year":"2009"},{"key":"e_1_2_1_63_1","doi-asserted-by":"publisher","DOI":"10.1016\/0360-8352(93)90028-V"},{"key":"e_1_2_1_64_1","volume-title":"Intermediate Microeconomics: A Modern Approach","author":"Varian H. R.","year":"1999"},{"key":"e_1_2_1_65_1","doi-asserted-by":"publisher","DOI":"10.1016\/S0272-6963(98)00019-9"},{"key":"e_1_2_1_66_1","doi-asserted-by":"publisher","DOI":"10.17705\/1jais.00182"},{"key":"e_1_2_1_67_1","doi-asserted-by":"publisher","DOI":"10.5555\/2017447.2017452"},{"key":"e_1_2_1_68_1","doi-asserted-by":"publisher","DOI":"10.5555\/2017434.2017441"},{"key":"e_1_2_1_69_1","doi-asserted-by":"publisher","DOI":"10.1057\/jit.2008.30"},{"key":"e_1_2_1_70_1","doi-asserted-by":"publisher","DOI":"10.1002\/smj.288"}],"container-title":["ACM SIGMIS Database: the DATABASE for Advances in Information Systems"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/dl.acm.org\/doi\/pdf\/10.1145\/3051473.3051477","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2022,12,31]],"date-time":"2022-12-31T08:38:33Z","timestamp":1672475913000},"score":1,"resource":{"primary":{"URL":"https:\/\/dl.acm.org\/doi\/10.1145\/3051473.3051477"}},"subtitle":["A Dynamic Optimization Model Considering Organizational Learning in IT Innovation Investment Evaluation"],"short-title":[],"issued":{"date-parts":[[2017,2,8]]},"references-count":70,"journal-issue":{"issue":"1","published-print":{"date-parts":[[2017,2,8]]}},"alternative-id":["10.1145\/3051473.3051477"],"URL":"https:\/\/doi.org\/10.1145\/3051473.3051477","relation":{},"ISSN":["0095-0033","1532-0936"],"issn-type":[{"value":"0095-0033","type":"print"},{"value":"1532-0936","type":"electronic"}],"subject":[],"published":{"date-parts":[[2017,2,8]]},"assertion":[{"value":"2017-02-08","order":2,"name":"published","label":"Published","group":{"name":"publication_history","label":"Publication History"}}]}}