Loading...
|
Please use this identifier to cite or link to this item:
https://nccur.lib.nccu.edu.tw/handle/140.119/31106
|
Title: | 企業採用知識管理系統之績效評估 Implementation of Knowledge Management Systems and Firm Performance |
Authors: | 馮國卿 feng,kuo-ching |
Contributors: | 劉文卿 liou,wen-ching 馮國卿 feng,kuo-ching |
Keywords: | 知識管理 knowledge Management |
Date: | 2003 |
Issue Date: | 2009-09-14 09:15:51 (UTC+8) |
Abstract: | Given that information systems researchers and practitioners often debate over the contribution of IT investment to firm performance, this study examines the impacts of adopting KMS on firm performance. Knowledge management systems are IT-based systems developed to support and enhance the organizational processes of knowledge creation, storage, retrieval, transfer, and application. Although many firms have implemented KMS, sparse empirical evidence reveals the impacts of KMS on firm performance. This research attempts to analyze the impacts of KMS on the firms that had adopted KMS with the data extracted from the COMPUSTAT. The results indicate that these firms significantly reduce administrative costs as well as operating expenses and improve productivity in the second year after adopting KMS. To control the macroeconomic effects, the study also compares the financial performance of KMS adopters and non-adopters in a pairwise design. DuPont analysis emphasizes on return on assets (ROA) decomposition, which allows us to examine the relationship of efficiency and profitability on the firm performance between KMS adopters and non-adopters. The results indicate that not only does the adoption of KMS decrease administrative cost, but it also pays off in a combination of increased profitability and efficiency.
This study further examines the longitudinal impact of KMS adoption on firm performance by matching 103 firms with peer firms that have not adopted KMS. Results indicate that administrative costs, operating expense, return on assets, and return on sales (ROS) are significantly better over a 3-year period for KMS adopters, as compared to non-adopters. Furthermore, pertaining to cost and profit ratios, significant differences arise because the financial performance of non-adopters decreases over time while it holds steady for KMS adopters. The findings verify some of our hypotheses, provide new insights into the productivity paradox associated with KMS adopters, and confirm that KMS adopters indeed gain a competitive advantage over non-adopters. By examining the industry effect between manufacturing firms and service firms, this dissertation empirically confirms that manufacturing firms obtain a more viable performance than service firms. Given that information systems researchers and practitioners often debate over the contribution of IT investment to firm performance, this study examines the impacts of adopting KMS on firm performance. Knowledge management systems are IT-based systems developed to support and enhance the organizational processes of knowledge creation, storage, retrieval, transfer, and application. Although many firms have implemented KMS, sparse empirical evidence reveals the impacts of KMS on firm performance. This research attempts to analyze the impacts of KMS on the firms that had adopted KMS with the data extracted from the COMPUSTAT. The results indicate that these firms significantly reduce administrative costs as well as operating expenses and improve productivity in the second year after adopting KMS. To control the macroeconomic effects, the study also compares the financial performance of KMS adopters and non-adopters in a pairwise design. DuPont analysis emphasizes on return on assets (ROA) decomposition, which allows us to examine the relationship of efficiency and profitability on the firm performance between KMS adopters and non-adopters. The results indicate that not only does the adoption of KMS decrease administrative cost, but it also pays off in a combination of increased profitability and efficiency.
This study further examines the longitudinal impact of KMS adoption on firm performance by matching 103 firms with peer firms that have not adopted KMS. Results indicate that administrative costs, operating expense, return on assets, and return on sales (ROS) are significantly better over a 3-year period for KMS adopters, as compared to non-adopters. Furthermore, pertaining to cost and profit ratios, significant differences arise because the financial performance of non-adopters decreases over time while it holds steady for KMS adopters. The findings verify some of our hypotheses, provide new insights into the productivity paradox associated with KMS adopters, and confirm that KMS adopters indeed gain a competitive advantage over non-adopters. By examining the industry effect between manufacturing firms and service firms, this dissertation empirically confirms that manufacturing firms obtain a more viable performance than service firms. |
Reference: | [1]. Alavi, M., and Leidner, D. E. “Review: Knowledge Management and Knowledge Management Systems: Conceptual Foundations and Research Issues,” MIS Quarterly (25:1), 2001, pp.107-136. [2]. Amir, E., and B. Lev. “Value-Relevance of Non-Financial Information: The Wireless Communications Industry,” Journal of Accounting & Economics (22), 1996, pp. 3-30. [3]. Armbrecht, F.M.R., Chapas, R.B., Chappelow, C.C., Farris, G.F., Friga, P.N., Hartz, C.A., McIlvaine, M.E., Postle S.R., and Whitwell G.E. “Knowledge Management in Research and Development,” Research Technology Management (44:4), 2001, pp. 28-48. [4]. Barber, B.M., and Lyon, J.D. “Detecting Abcdrmal Operating Performance: The Empirical Power and Specification of Test Statistics,” Journal of Finance Economy (41:3), 1996, pp.359–399. [5]. Barney, J. B. “Firm Resources and Sustained Competitive Advantage,” Journal of Management (17:1), 1991, pp. 99-120. [6]. Becerra-Fernandez, I., and Sabherwal, R. “Organizational Knowledge Management: A Contingency Perspective,” Journal of Management Information Systems (18:1), 2001, pp. 23-55. [7]. Becerra-Fernandez, I., and Sabherwal, R. “A Empirical Study of the Effect of Knowledge Management Processes at Individual, Group, and Organizational Levels,” Decision Sciences (34:2), 2003, pp. 225-259. [8]. Beckman, T. “A Methodology for Knowledge Management,” International Association of Science and Technology for Development (IASTED), Knowledge Management Handbook, (Liebowitz, J, ed.), CRC Press, Boca Raton, FL, 1999. [9]. Bender, D. H. “Financial Impact of Information Processing,” Journal of Management Information Systems (3:2), 1986, pp. 232-238. [10]. Bharadwaj, A. S. “A Resource-Based Perspective on Information Technology Capability and Firm Performance: An Empirical Investigation,” MIS Quarterly (24:1), 2000, pp. 169-196. [11]. Bixler, C. H., Creating a Dynamic Knowledge Management Maturity Continuum for Increased Enterprise Performance and Innovation, George Washington University, Ph. D. Dissertation, 2000. [12]. Blomqvist, K., Kyl.aheiko, K., and Virolainen, V.M. “Filling A Gap in Traditional Transaction Cost Economics: Towards Transaction Benefits-Based Analysis,” International Journal of Production Economics (79), 2002, pp.1–14. [13]. Bose, R. “Knowledge Management Capabilities & Infrastructure for E-Commerce,” Journal of Computer Information Systems (5), 2002, pp. 40-49. [14]. Brook R. M., May D. O., and Mishra C. S. “He Performance of Firms Before and After They Adopt Accounting-Based Performance Plans,” The Quarterly Review of Economics and Finance (41), 2001, pp.205-222. [15]. Brynjolfsson, E., and Hitt, L. M. “Paradox lost? Firm-Level Evidence on The Returns to Information Systems Spending,” Management Science (42:4), 1996, pp. 541–560. [16]. Brynjolfsson, E., and Hitt, L. M. “Beyond the Productivity Paradox,” Communications of the ACM (41:8), 1998, pp. 49-55. [17]. Chan, Y. E. “IT Value: The Great Divide between Qualitative and Quantitative and Individual and Organizational Measures,” Journal of Management Information Systems (16:4), 2000, pp.225-261. [18]. Cash, J. I., and Konsynski, B. “IS Redraws Competitive Boundaries,” Harvard Business Review (64:2), 1985, pp. 134-142. [19]. Chou, A. “Knowledge Management System Architecture: A Bridge Between KM Consultants and Technologists,” International Journal of Information Management (24), 2004, pp. 87–98. [20]. Clare, M., and Detore, A. W. Knowledge Assets, Harcourt Professional Publishing, New York, NY, 2001. [21]. Coase, R. H. “The Nature of The Firm,” Economica (4), 1937, pp. 386-405. [22]. Conner, K. R., and Prahalad, C. K. “A Resource-Based Theory of The Firm: Knowledge Versus Opportunism,” Organization Science (7:5), 1996, pp.477-501 [23]. Cooper, D. R., and Emory, C. W. Business Research Methods, RICHARD D. IRWIN, INC, Boston, MA, 1995. [24]. Davenport, T. H., and Prusak, L. Working Knowledge, Harvard Business School Press, Cambridge, MA, 1998. [25]. Dehning, B., and Richardson, V. J. “Returns on Investment in IT: A Research Synthesis,” Journal of Information System (16:1), 2002, pp.7-30. [26]. Dehning, B., and Stratopoulos, T. “DuPont Analysis of An IT-Enabled Competitive Advantage,” International Journal of Accounting Information System (3), 2002, pp.165-176. [27]. Dehning, B., Kevin, E. D., and Stratopoulos, T. “Information Technology and Organizational Slack,” International Journal of Accounting Information System (5), 2004, pp.51-63. [28]. Devaraj, S., and Kohli, R. “Performance Impacts of Information Technology: Is Actual Usage the Missing Link?,” Management Science (49:3), 2003, pp. 273-289. [29]. Dixon, N.M. Common Knowledge: How Companies Thrive by Sharing What they Know, Boston, Harvard Business School Press, 2000. [30]. Duliba, K. A., Kauffman, R. J., and Lucas Jr., H. C. “Appropriating Value from CRS Ownership in The Airline Industry,” Organization Science (12:6), 2001, pp. 702-728. [31]. Earl, M.J. “Knowledge Management Strategies: Toward a Taxonomy,” Journal of Management Information Systems 18, 1 (2001), pp.215-233. [32]. Eisenhardt, K.M., and Martin, J.A. “Dynamic Capabilities: What Are They?,” Strategic Management Journal (21), 2000, pp.1105–1121. [33]. Eliashberg, J., and Chatterjee, R. “Analytical Models of Competition with Implications for Marketing Issues, Findings, and Outlook,” Journal of Marketing Research (22), 1985, pp.283–296. [34]. Evans F. C., and Bishop D. M. “Managing Your Business as an Investment: How to Build Shareholder Value in Private Companies,” The Journal of Corporate Accounting & Finance (Jan), 2002, pp.49-50 [35]. Financial Accounting Standards Board, Objective of Financial Reporting by Business Enterprises, Statement of Financial Accounting Concepts No.1, Stamford, CT, 1978. [36]. Firestone J. M. Enterprise Information Portals and Knowledge Management, Butterworth, Burlington, MA, 2003. [37]. Grant, R. M. Contemporary Strategy Analysis, Blackwell Publishers Inc., Oxford, UK, 1995. [38]. Grant, R. M. “Toward A Knowledge-Based Theory of The Firm,” Strategic Management Journal (17), 1996, pp.109-122. [39]. Grover, V., and Davenport, T. “General Perspectives on Knowledge Management: Fostering a Research Agenda,” Journal of Management Information Systems (18:1), 2001, pp.5-21. [40]. Griffith, T. L., Sawyer J., and Neale M. A. “Virtualness and Knowledge in Teams: Managing the Love Triangle of Organizations, Individual, and IT,” MIS Quarterly (27:2), 2003, pp.265-287 [41]. Gurbaxani, V., and Whang, S. “The Impact of Information Systems on Organizations and Markets,” Communications of the ACM (34:1), 1991, pp. 59-73. [42]. Hansen, M.T., Nohria, N., and Tierney, T. “What’s Your Strategy for Managing Knowledge,” Harvard Business Review, Mar-Apr, 1999, pp. 106-116. [43]. Hayes, D.C., Hunton, J.E., and Reck, J.L. “Market Reaction to ERP Implementation Announcements,” Journal of Information System (15:1), 2001, pp.3–18. [44]. Hitt, L., and E. Brynjolfsson. “Productivity, Profit and Consumer Welfare: Three Different Measures of Information Technology,” MIS Quarterly (20:2), 1996, pp.121–142. [45]. Hitt, L. M., Wu, D. J., and Zhou, X. “Investment ERP: Business Impact and Productivity Measures,” Journal of Management Information Systems (19:1), 2002, pp. 71-98. [46]. Housel, T., and Bell, A. H. Measuring and Managing Knowledge, McGraw-Hill, New York, NY, 2000. [47]. Hunton, J.E., Lippincott, P., and Reck, J.L. “Enterprise Resource Planning Systems: Comparing Firm Performance of Adopters and Non-Adopters,” International Journal of Accounting Information Systems (4), 2003, pp.165–184. [48]. Jensen, M. C., and Meckling, W. H. “Specific and General Knowledge, and Organizational Structure,” Main Currents in Contract Economics, (Werin, L. and Wijkander, H. ed.), Cambridge, MA: Blackwell Publishers, 1992, pp. 251-291. [49]. KPMG Management Consulting. Case Study: Building a Platform for Corporate Knowledge, 1998. [50]. Kaplan, S. “KM the Right Way; A Step-by-Step Approach that Will Ensure That Your Expensive KM System Actually Gets Used,” CIO, July 15, 2002, pp. 74-81. [51]. Larsen, R.J., and Marx, M.L. An Introduction to Mathematical Statistics and Its Applications, 2nd Edition, Prentice-Hall, 1999. [52]. Kieso, D. E., and Weygandt, J. J. Intermediate Accounting (6th ed.), John Wiley & Sons, New York, NY, 1989. [53] Kogut, B., and Zander, U. “What Do Firms Do? Coordination, Identity, and Learning,” Organization Science (7:5), 1996, pp.502-518. [54]. Lee, H., and Choi, B. “Knowledge Management Enablers, Process and Organizational Performance: A Integrative View and Empirical Examination,” Journal of Management Information Systems (20:1), 2003, pp. 179-228. [55]. Liao, S.H. “Knowledge Management Technologies and Application-Literature Review from 1995 to 2002,” Expert Systems with Applications (25), 2003, pp.155-164. [56]. Liebowitz, J. Knowledge Management Handbook, Boca Raton, FL:CRC Press, 1999. [57]. Mahmood, M.G., Mann, I., and Skidmore, J. “Information Technology Investment and Organization Performance: A Lagged Data Analysis,” Proceedings of The 1998 Resources Management Association International Conference, Harrisburg, Pennsylvania, 1998, pp. 219-225. [58]. Malone, T., Yates, F., and Benjamin, R. “Electronic Markets and Electronic Hierarchies,” Communications of the ACM (6), 1987, pp. 485-497. [59]. Markus, M. L., “Toward a Theory of Knowledge Reuse: Types of Knowledge Reuse Situations and Factors in Reuse Success,” Journal of Management Information Systems (18: 1), 2001, pp.57-93. [60]. Massey, A. P., Montoya-Weiss, M., and Holcom, K. “Re-Engineering The Customer Relationship: Leveraging Knowledge Assets at IBM,” Decision Support Systems (32), 2001, pp. 155-170. [61]. Massey, A. P. ”Knowledge Management in Pursuit of Performance: Insight from Nortel Networks,” MIS Quarterly (26:3), March 2002, pp.269-289. [62]. Miles, G., Miles, R.E., Perrone, V., and Edvinsson, L. “Some Conceptual and Research Barriers to The Utilization of Knowledge,” California Management Review, Spring, 1998, 40(3), pp. 281-288. [63]. Miller, D., and Shamsie, J. “The Resource-Based View of The Firm in Two Environments: The Hollywood Film Studios From 1936 to 1965,” Academy of Management Journal (39), 1996, pp.519–543. [64]. Mitra, S., and Chaya, A. K. “Analyzing Cost-Effectiveness of Organizations: The Impact of Information Technology Spending,” Journal of Management Information Systems (13:2), 1996, pp. 29-57. [65]. Nahapiet, J., and Ghoshal, S. ”Social Capital, Intellectual Capital, and The Organizational Advantage,” Academy of Management Review (23:2), 1998, pp.242-266. [66]. Nemati, H. R., Steiger, D. M., Lakshmi, S. I., and Herschel, R. T. “Knowledge Warehouse: An Architectural Integration of Knowledge Management, Decision Support, Artificial Intelligence and Data Warehousing,” Decision Support Systems (33:2), 2002, pp.143–161. [67]. Nonaka, I., and Takeuchi, H. The Knowledge Creating Company, Oxford University Press, New York, NY, 1995. [68]. Takeuchi, H., and Nonaka, I., Hitotsubashi on Knowledge Management, John Wiley& Sons, Asia, 2000. [69]. O’Dell, C., and Grayson, C. J. “If Only We Knew What We Know: Identification and Transfer of Internal Best Practices,” California Management Review (40:3), 1998, pp. 154-174. [70]. Osborn, R. N., and Hagedoorn, J. “The Institutional and Evolutionary Dynamics of Inter-Organizational Alliances and Networks,” Academy of Management Journal (40:2), 1997, pp.261-278. [71]. Poston, R., and Grabski, S. “Financial Impacts of Enterprise Resources Planning Implementation,” International Journal of Accounting Information Systems (2), 2001, pp.271-294. [72]. Rai, A. R., and Patnayakuni, N. “Technology Investment and Business Performance,” Communications of The ACM (40:7), 1997, pp. 89–97. [73]. Roach, S. “Service Under Siege--The Restructuring Imperative,” Harvard Business Review, 1991,pp.82–92. [74]. Roos, J., Roos, G., Edvinsson, L., and Dragonetti, N. Intellectual Capital, New York University Press, New York, NY,1998. [75]. Ruggles, R.,”The State of The Notion: Knowledge Management in Practice,” California Management Review (40:3), 1998, pp. 80-89. [76]. Santhanam, R. and Hartono, E. “Issues in Linking Information Technology Capability to Firm Performance,” MIS Quarterly (27:1), 2003, pp. 125-153. [77]. Schulze, W. S. “The Two Resource-Based Models of the Firm: Definitions and Implications for Research,” Academy of Management Best Paper Proceedings, 1992. [78]. Shin, N. The Impact of Information Technology on Coordination Costs: Implications for Firm Productivity. Proceedings of The 18th International Conference on Information Systems. Available at: http://aisel.isworld.org/ subject_by_publication.asp, 1997. [79]. Skandia AFS., Human Capital in Transformation, Intellectual Capital Prototype Report, Available at: http://wwwl.skandia-afs.com/, 1998 [80]. Skousen, K. F., Stice, E. K., and Stice, J. D. Intermediate Accounting (13th ed.), South-Western College Publishing ,Cincinnati, OH, 1998. [81]. Spanos, Y.E., and Lioukas, S. “An Examination Into The Causal Logic of Rent Generation: Contrasting Porter’s Competitive Strategy Framework and The Resource-Based Perspective,” Strategic Management Journal (22), 2001, pp.907–934. [82]. Spender, J. C., and Grant, R. M. “Knowledge and the Firm: Overview,” Strategic Management Journal (Winter), 1996, pp. 5-9. [83]. Stone, D. V., and Warsono, S. “Does Accounting Account for Knowledge?,” Handbook on Knowledge Management 1, Springer, New York, NY, 2003. [84]. Takeuchi, H., and Nonaka, I. Hitotsubashi on Knowledge Management, John Wiley & Sons, Asia, 2004. [85]. Tam, K. Y. “The Impact of Information Technology Investments on Firm Performance and Evaluation: Evidence from Newly Industrialized Economies,” Information Systems research (9:1) 1998, pp. 85–98. [86]. Teece, D., Pisano, G., and Shuen, A. ”Dynamic Capabilities and Strategic Management,” Strategic Management Journal (18:7), 1997, pp.509–533. [87]. Teece, D. J. “Capturing Value from Knowledge Assets: The New Economy, Markets for Know-How, and Intangible Assets,” California Management Review Spring, 1998, p. 55-79. [88]. Tsang, E. W. K. “Transaction Cost and Resource-Based Explanations of Joint Ventures: A Comparison and Synthesis,” Organization Studies (21:1), 2000, pp. 215-242. [89]. Wade, M., and Hulland, M. J. “THE Resourced- Based View and Information Systems Research: Review, Extension, and Suggestions for Future Research,” MIS Quarterly (28:1), 2004, pp. 107-142. [90]. Weill, P. “The Relationship between Investments in Information Technology and Firm Performance: A Study of The Valve Manufacturing Sector,” Information Systems Research (3:4), 1992, pp. 307-333. [91]. Weston, J., and Brigham, E. Essentials of managerial finance. (10th ed.), Dryden Press, Fort Worth, TX, 1993. [92]. Williamson, O. E. “The Modern Corporation: Origins, Evolution, Attributes,” Journal of Economic Literature (19), 1981, pp.1537-1568. [93]. Williamson, O.E. Markets and Hierarchies: Analysis and Antitrust Implications Free Press, New York, NY, 1975. [94].Williamson, O.E. “Strategy Research: Governance and Competence Perspectives,” Strategic Management Journal (20:12), 1999, pp.1087–1108. [95]. Zack, M.H. “Managing Codified Knowledge,” Sloan Management Review, summer (1999), 45-58. [96]. Zmud, R. W., and Apple, L. E. “Measuring Technology Incorporation/Infusion,” The Journal Of Product Innovation Management (9:2), 1992, pp. 148-156. |
Description: | 博士 國立政治大學 資訊管理研究所 89356504 92 |
Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0893565041 |
Data Type: | thesis |
Appears in Collections: | [資訊管理學系] 學位論文
|
Files in This Item:
File |
Size | Format | |
index.html | 0Kb | HTML2 | 223 | View/Open |
|
All items in 政大典藏 are protected by copyright, with all rights reserved.
|