The impact of digital innovation on path-dependent decision-making: The mediating role of risk propensity and opportunity-threat perception
Research output: Contributions to collected editions/works › Article in conference proceedings › Research
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The impact of digital innovation on path-dependent decision-making : The mediating role of risk propensity and opportunity-threat perception. / Rauch, Madeleine; Wenzel, Matthias; Wagner, Heinz Theo.
Proceedings of the 38th International Conference on Information Systems. Association for Information Systems, 2017.Research output: Contributions to collected editions/works › Article in conference proceedings › Research
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TY - CHAP
T1 - The impact of digital innovation on path-dependent decision-making
T2 - 38th International Conference on Information Systems - ICIS 2017
AU - Rauch, Madeleine
AU - Wenzel, Matthias
AU - Wagner, Heinz Theo
N1 - Conference code: 38
PY - 2017/10/12
Y1 - 2017/10/12
N2 - While the information systems literature highlights the business opportunities that digital innovation provides, the management literature foregrounds the challenges of path-dependent decision-makers face to exploit such potential. To bring these views together, we examine the impact of digital innovation on path-dependent decision-making. For this purpose, we conducted an experiment with 148 practitioners. Our study indicates that digital innovation has a negative impact on path-dependent decision-making, thus leading path-dependent decision-makers to deviate from their decision path. Furthermore, our results suggest that risk propensity and opportunity-threat perception mediate this relationship. Our study complements the literature on digital innovation with insights into the challenges of incumbents, adds to the literature on path dependence by shedding light on the behavior of path-dependent decision-makers in the face of digital innovation, and demonstrates how scholars can examine phenomena on digital innovation and path dependence with experiments.
AB - While the information systems literature highlights the business opportunities that digital innovation provides, the management literature foregrounds the challenges of path-dependent decision-makers face to exploit such potential. To bring these views together, we examine the impact of digital innovation on path-dependent decision-making. For this purpose, we conducted an experiment with 148 practitioners. Our study indicates that digital innovation has a negative impact on path-dependent decision-making, thus leading path-dependent decision-makers to deviate from their decision path. Furthermore, our results suggest that risk propensity and opportunity-threat perception mediate this relationship. Our study complements the literature on digital innovation with insights into the challenges of incumbents, adds to the literature on path dependence by shedding light on the behavior of path-dependent decision-makers in the face of digital innovation, and demonstrates how scholars can examine phenomena on digital innovation and path dependence with experiments.
KW - Management studies
KW - Betriebswirtschaftslehre
KW - Digital Business model
KW - risk
KW - organizational strategies
KW - digital innovation
KW - decision making/makers
KW - strategic path
KW - Digital business mode
KW - risk
KW - organizational strategies
KW - digital innovation
KW - decision making/makers
KW - strategic path
M3 - Article in conference proceedings
SN - 978-0-9966831-5-9
BT - Proceedings of the 38th International Conference on Information Systems
PB - Association for Information Systems
Y2 - 10 December 2017 through 13 December 2017
ER -