Abstract
It is always a challenge to teach students IT skills and capabilities in a non-IT course setting. However, there is an increasing tendency for IT innovations initiated outside the IT organization. It is thus all the more important for educators from non-IT disciplines not only to keep up with technological development but also to motivate students to learn IT skills in a non-IT course setting such as in a finance classroom. In this paper, we examine the role of IT innovations in a non-IT organization such as an investment bank. We empirically investigate whether IT innovations can bring added market value to the investment banking industry. We find that an investment bank that invests heavily in IT innovations outperforms its industry peers in the stock market. The implication of this finding highlights the need for our educators to motivate our students to gain knowledge of IT even for non-IT disciplines.
| Original language | English |
|---|---|
| Journal | Proceedings of ISECON |
| State | Published - 2005 |
| Event | 22nd Annual Information Systems Education Conference: IS and All That Jazz, ISECON 2005 - Columbus, OH, United States Duration: Oct 6 2005 → Oct 9 2005 |
Keywords
- Cost of iT
- IT productivity
- Information technology
- Innovation
- Stock market