A Theory of Multi-Realization of IT Value: Toward Construct Clarity in the Co-Development of Large Platforms
Authors: Flak, Leif Skiftenes; Solli-Sæther, Hans; Straub, Detmar William
Journal: MIS Quarterly (2022)
<jats:p>Realizing or appropriating value from individual firm-level IT investments has been a recurring theme in the IS literature for decades. Further, failure rates related to IT investments have been high for many years. However, realizing value from IT in settings where numerous organizations need to work together to co-develop sizable digital platforms has been undertheorized and/or hobbled with conflated theoretical constructs. To address this dearth of novel theory and accompanying empiricism, high-quality processes such as benefits management have been suggested in the scientific literature and have gained substantial interest in practice as a means for organizations to structure their routines and processes in ways that actually capture value. The complexity of this challenge suggests that there should be a renewed theoretical effort in IS to reconceptualize several extant scholarly streams. We address this challenge first by deconstructing traditional scholarly frameworks into a moderated theoretical model of multi-creation and multi-realization of IT value termed “MUIT.” The first construct in the model is based on the resource-based view; then, the model is further inf…