Institutional elasticity as a significant driver of IT functionality development

Watanabe, C. (2009). Institutional elasticity as a significant driver of IT functionality development. In: Managing Innovation in Japan. pp. 31-56 Berlin/Heidelberg, Germany: Elsevier. ISBN 978-3-540-89272-4 10.1007/978-3-540-89272-4_3.

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Institutions drive innovation and stimulate broad diffusion. Not surprisingly, national systems of innovation are influenced by their institutional elasticity in response to changing market conditions. As nations move from industrial to information-based societies, a key factor governing institutional elasticity is how institutions integrate IT. Since IT functionality is intimately connected with institutional dynamics, unlike simple manufactured products such as refrigerators, IT's specific functionality is formed through dynamic interaction with institutional systems. Consequently, institutional elasticity is a critical factor in the functionality of IT and its subsequent self-propagating behavior.

This paper analyzes one possible mechanism of IT functionality formation, with special attention to the interaction of the technology with institutional systems.

Item Type: Book Section
Additional Information: Reprinted from Technological Forecasting and Social Change 71, No. 7, C. Watanabe, R. Kondo, N. Ouchi, H. Wei and C. Griffy-Brown, Institutional Elasticity as a Significant Driver of IT Functionality Development, pages: 723–750, copyright (2004), with permission fro
Research Programs: General Research (GEN)
Depositing User: Romeo Molina
Date Deposited: 28 Apr 2016 09:12
Last Modified: 27 Aug 2021 17:40

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