Information Technology and Competitive Advantage in Small Firms

By Brian Webb, Frank Schlemmer

© 2008 – Routledge

182 pages | 6 B/W Illus.

Purchasing Options:
Paperback: 9781138864054
pub: 2015-03-04
US Dollars$59.95
Hardback: 9780415417990
pub: 2008-07-24
US Dollars$160.00

About the Book

Does Information Technology matter? This book argues that even as Information Technology hardware, software, data and associated processes are becoming more of a commodity, it has never been more important to manage Information Technology as a strategic asset. However, managing Information Technology as a strategic asset is notoriously difficult, as is studying the impact of Information Technology on firm performance. This book sets out to identify, explain and critically evaluate current research in this area.

A unique feature of this book is the use of economic theory to explain management theory and its consequences in professional practice. Beginning with a thorough introduction to Schumpeterian economic theory, the authors re-cast the pre-eminent theory in strategic management research (the Resource Based View) in the light of a Schumpeterian analysis and identify Dynamic Capabilities as an extension of, but also a radical departure from, RBV. The role of Information Technology as an endogenous technology is discussed and it is argued that how we define Information Technology determines not only how we study it but also how we use it and benefit from it.

The book is aimed primarily at the academic research market, but should also be of some interest to managers. It is useful more specifically for all those studying business, Information Technology, strategy, management and innovation.

Table of Contents

1. Introduction

2. IT and Economic Theory

3. IT and Management Theory

4. IT and the Creation of Ricardian Rents

5. IT and the Creation of Schumpeterian Rents

6. Conclusions

About the Authors

Brian Webb is Senior Lecturer at Queen’s University Management School, Belfast.

Frank Schlemmer is the owner and manager of a number of small independent retail companies based in Germany and holds a doctorate from Queen’s University Management School, Belfast.

About the Series

Routledge Studies in Small Business

There is a growing polarization in the international economy for companies to become either transnational corporations or small businesses. This dualism means the experience of the small business is quite different to that of a large corporation. The life of a small business is often shorter, riskier and more entwined with the personality of the entrepreneur. In this prestigious series, case-studies and the latest research are used to reveal the regional, national and international role of the small business.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Entrepreneurship
BUSINESS & ECONOMICS / Corporate & Business History