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I am honored and privileged to have been appointed the new
Director of CRITO. This is an exciting time for all of us
who conduct research on IT and organizations. The world continues
to be transformed by information technologies. Information
technologies are enabling new strategies, innovative ways
of doing business, and increasing economic opportunities.
Witness the impact of Web 2.0, the adoption of open source
models in numerous business contexts beyond software, the
inexorable move to the real-time enterprise, and the rise
of IT-enabled social entrepreneurship.
I want to begin by acknowledging our enormous collective
gratitude to Ken Kraemer for his dedicated leadership and
for the opportunities that CRITO has offered to so many of
us. Whether it was encouraging us to apply to the NSF for
research grants, reviewing our grant proposals, inviting us
to work with him on his research projects, or mentoring us
individually, Ken did so tirelessly and selflessly. It is
no accident that UCI’s IT faculty ranked 3rd globally
in the 2008 Financial Times rankings of business schools.
Under Ken’s leadership, CRITO researchers pioneered
the study of the impacts of information technology (IT) on
organizations and society. Many major projects were undertaken
well before they were in the public consciousness. Rob Kling
studied how intensive computerization transforms work practices
and how computerization entails many social choices. Ken Kraemer,
John King, Jim Danziger and Bill Dutton studied the role of
IT in Government before the term e-government was coined.
Alladi Venkatesh and Nick Vitalari began their examination
of the use of new media and information technologies in the
home and their impact on family life and home-based work life
in the mid-eighties.
CRITO researchers have also informed key debates pertaining
to IT. When the conventional wisdom argued that IT did not
contribute to productivity, CRITO researchers including Sanjeev
Dewan and Ken Kraemer were active in demonstrating IT’s
significant economic benefits. We were among the first to
recognize the incredible decentralizing impacts of technology
on business and society when many argued for technology’s
centralizing influence.
I hope to continue this tradition of conducting path breaking
research and informing key debates and thereby developing
CRITO into a truly world class center of excellence. My goal
is to have CRITO seen by academics, business executives, and
policy makers as the premier think tank on the most critical
IT issues that confront business and society. The questions
for tomorrow will be different from those we have addressed
so far. To be successful, CRITO must develop an innovative
and consequential research agenda. To this end, I am inviting
distinguished executives to join an Industry Advisory Board
that will help us develop a research agenda. We also host
a CIO Roundtable consisting of senior IT executives from some
of the most innovative companies in Southern California who
provide us with deep insights into the IT opportunities and
challenges that businesses face.
I invite you to read about some of our current research.
This issue of the newsletter is focused on the value of information
technology. Initially, and to the surprise of many, research
was unable to show that IT had positive economic impacts.
Through innovative and persistent research efforts, academics
at CRITO, MIT and elsewhere were able to document the significant
payoffs from IT. Now that this debate has been settled, CRITO
researchers have turned their attention to more focused and
highly relevant questions aimed at helping firms derive benefits
from IT. These include developing an understanding of how
competition between firms affects their IT investments and
payoffs (Vidyanand Choudhary); on how the risk of IT projects
influences their returns (Sanjeev Dewan and Fei Ren), and
how a firm’s governance structure (Joanna Ho and Sean
Xu) affects its IT investment strategy. We preview these studies
in this newsletter.
I hope you enjoy this newsletter, and I welcome you to partner
with us as we embark upon the next phase of our exciting journey
at CRITO.
Sincerely,

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