search query: @author Sampler, J. L. / total: 1
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| Author: | Choudhury, V. Sampler, J. L. |
| Title: | Information specificity and environmental scanning: An economic perspective |
| Journal: | Mis Quarterly
1997 : MAR, VOL. 21:1, p. 25-53 |
| Index terms: | INFORMATION SYSTEMS ORGANIZATIONS COGNITION TRANSACTION COSTS THEORIES AGENCY THEORY |
| Language: | eng |
| Abstract: | This paper proposes a set of economic arguments to answer questions, how does an organization allocate its environmental scannig resources among all the potential sources of information in the environment, and how does an organization allocate responsibility for acquiring environmental information. The paper develops the concept of information specificity to parallel the idea of asset specificity, borrowing from transaction cost theory. Knowledge specificity and time specificity are the dimensions of information specificity. Transaction theory and agency theory are used to propose that the information acquisition choices made by organizations and managers are based on the specificity of the desired information. |
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