I.T. Investment and Complements in Value Creation: A Meta-Analytic Replication

We execute four theoretically motivated replications of earlier analyses on business value of information technology (IT). We classify firm level IT value research and select alternative studies to understand and the core logics of current research and its sensitivity to used measures. Simultaneous replication of several models enables generalization across a variety of constructs, and abstracts their findings as is commonly done through meta-analyses. An access to a common dataset and availability of well matched analogs allow execution of these replications. Our results show robustness of some constructs across studies in predicting aspects of IT value. The models also offer theoretical insights of plausible interactions between the technology artifact, organizational characteristics and productivity outcomes. These results are preliminary due to a limited dataset, which was not customized to the proposed replications. Extensions to current theories are suggested which would enable better explanation and prediction.