Intangible Assets: Computers and Organizational Capital

By Erik Brynjolfsson, Lorin M. Hitt, Shinkyu Yang. 2002

942 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/2266f0966c059f65c1169e6fb8e77c7ac389b07e

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Citations in the corpus

Technology, Information and the Decentralization of the Firm (2006, neutral): “[19] Brynjolfsson, E.”
What financial and non‐financial information on intangibles is value‐relevant? A review of the evidence (2008, positive): “However, later studies using firm-level data suggest that IT capabilities are related to positive investment returns (Lichtenberg, 1995; Hitt and Brynjolfsson, 1996) and to the stock price-based measures (Bharadwaj et al., 1999; Brynjolfsson et al., 2002).”
The Productivity of Information Technology Investments: New Evidence from IT Labor Data (2012, background): “…in excess of marginal cost indicates an “excess return,” which may be reconciled with proﬁt maximization in a variety of ways, including factor adjustment costs or unmeasured complementary inputs (see extensive discussions of this issue in Brynjolfsson and Hitt 2003 or Brynjolfsson et al. 2002).”
Social Media and Firm Equity Value (2013, methodology): “As such, this line of research also suggests that ﬁrms with extensive social media engagement should possess more IT intangible assets and stronger prospects of future equity value than counterparts with less or little social media engagement (Brynjolfsson et al. 2002, Wyatt 2005).”
The Demise of U.S. Economic Growth: Restatement, Rebuttal, and Reflections (2014, neutral): “9 See Gordon (2010) for evidence that productivity changes are no longer procylcical. growth rates of the components of this definition, taking note that there are two alternative definitions of the population.”
Information Technology and Intangible Output: The Impact of IT Investment on Innovation Productivity (2012, methodology): “(Brynjolfsson et al. 2002; Melville et al. 2007). However, due to a definition change in 1995, we follow the methodology of Chwelos et al. (2010) wherein hedonic methods are used to create an IT stock measure that is consistent across the entire 1987-1998 time frame.”
Information Technology and Firm Profitability: Mechanisms and Empirical Evidence (2012, result): “The high returns on IT (compared with advertising and R&D) in terms of sales and profitability in our study provide validation for findings of other studies that show high shareholder valuations of IT investments (Anderson, Banker and Ravindran 2003; Brynjolfsson, Hitt and Yang 2002).”
The Employment Consequences of Robots: Firm-Level Evidence (2020, positive): “…more precise measurement of both IT and organizational capabilities at the firm level was critical to resolving the IT-productivity paradox that earlier studies discovered, and to uncovering the factors explaining the heterogeneous effects of IT on firm outcomes (Brynjolfsson et al. 2002).”
What is a Company Really Worth? Intangible Capital and the (2008, positive): “PHARMA also invests in organizational development (e.g., strategic planning, new management systems) and worker training.13 Brynjolfsson, Hitt, and Yang (2000, 2002) and Brynjolfsson and Hitt (2005) note that much of the IT spending in the 1990s was a coinvestment with expenditures for…”
Revisiting IS business value research: what we already know, what we still need to know, and how we can get there (2013, background): “Bharadwaj et al (1999), Brynjolfsson & Yang (1999), Brynjolfsson et al (2002) and Peslak (2003) focus on Tobin’s q and find positive correlations.”