INFORMATION TECHNOLOGY FIRMS AND REVENUE STALL, 1950-2015: THEORY AND EMPIRICAL EVIDENCE

• 成果类型: Article
• 署名作者: Saldanha, Terence J. V.; Mithas, Sunil; Mayya, Raveesh
• 署名单位: University System of Georgia; University of Georgia; State University System of Florida; University of South Florida; New York University
• 刊物名称: MIS QUARTERLY
• ISSN/ISSBN: 0276-7783
• DOI: 10.25300/MISQ/2024/17430
• 发表日期: 2025-09
• 页码: 1221-1238
• 关键词: Revenue stall; stall delta; stall point; IT-producing firms; R&D investment; IT industry challenges; research-and-development; organizational agility; development investment; panel-data; performance; INNOVATION; IMPACT; PRODUCTIVITY; GROWTH; management

摘要

A slowdown in revenue growth, referred to as revenue stall in this study, is a key concern for any firm. We examine how information technology-producing firms (i.e., IT firms) differ from non-IT firms in experiencing revenue stall and in benefiting from R&D investments in terms of reduced revenue stall. We hypothesize that whereas IT firms experience more revenue stall than non-IT firms, R&D investments reduce revenue stall to a greater extent in IT firms than in non-IT firms. Our empirical analyses of a longitudinal dataset of more than 1,400 large public firms in the United States from 1950 to 2015 broadly support our hypotheses. Consistent with the theoretical arguments underlying our hypotheses, we also find that IT firms experience higher competition, dynamism, and turbulence, and have higher intangible assets than non-IT firms.