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Stockholm's Corporate Information Services' Adaptability to Digitalization

Bleoca, Lavinia (2009)
Department of Economic History
Abstract
Nine Stockholm-based joint-stock data analysis and web hosting companies are hereby united in an external financial analysis, ranging from 1998 to 2007. The main contributions to the body of knowledge comprise observations regarding the companies’ management efficiency and their survival of “the dot-com crisis”. Given the fact that the firms’ resource bases are their differentiating factors, resource management is emphasized as the solution for competitive success. The consequences of the dot-com crisis upon their profitability are examined on basis of common management theory and accounting standards. The findings describe the companies’ efforts of capitalizing on diverse information technology innovations, as well as the profitability of... (More)
Nine Stockholm-based joint-stock data analysis and web hosting companies are hereby united in an external financial analysis, ranging from 1998 to 2007. The main contributions to the body of knowledge comprise observations regarding the companies’ management efficiency and their survival of “the dot-com crisis”. Given the fact that the firms’ resource bases are their differentiating factors, resource management is emphasized as the solution for competitive success. The consequences of the dot-com crisis upon their profitability are examined on basis of common management theory and accounting standards. The findings describe the companies’ efforts of capitalizing on diverse information technology innovations, as well as the profitability of their internal management. A successful internal financial management was found be beneficial for their profitability. The paper distinguishes between successful and less successful resource allocations by pinpointing the identified risks. The process of digitalization was nevertheless found to be a catalyst of the companies’ profitability. In the shape of “media convergence”, it diminished the negative effects of the “media fragmentation” phenomenon and the consequences of the dot-com crisis. The analyzed companies are vital information distributors of the regional economy and important carriers of technological development into related sectors. Their efforts of adapting to the occurring digitalization trajectory were mainly defined to be diverse technological upgrades and increasingly endowed Internet-supported solutions. (Less)
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author
Bleoca, Lavinia
supervisor
organization
year
type
H1 - Master's Degree (One Year)
subject
keywords
innovation, management, digitalization, resource-based view, Profitability, dot-com crisis, data analysis and web hosting, media convergence, media fragmentation, Social and economic history, Ekonomisk och social historia
language
English
id
1526195
date added to LUP
2009-12-04 00:00:00
date last changed
2010-08-03 10:52:59
@misc{1526195,
  abstract     = {Nine Stockholm-based joint-stock data analysis and web hosting companies are hereby united in an external financial analysis, ranging from 1998 to 2007. The main contributions to the body of knowledge comprise observations regarding the companies’ management efficiency and their survival of “the dot-com crisis”. Given the fact that the firms’ resource bases are their differentiating factors, resource management is emphasized as the solution for competitive success. The consequences of the dot-com crisis upon their profitability are examined on basis of common management theory and accounting standards. The findings describe the companies’ efforts of capitalizing on diverse information technology innovations, as well as the profitability of their internal management. A successful internal financial management was found be beneficial for their profitability. The paper distinguishes between successful and less successful resource allocations by pinpointing the identified risks. The process of digitalization was nevertheless found to be a catalyst of the companies’ profitability. In the shape of “media convergence”, it diminished the negative effects of the “media fragmentation” phenomenon and the consequences of the dot-com crisis. The analyzed companies are vital information distributors of the regional economy and important carriers of technological development into related sectors. Their efforts of adapting to the occurring digitalization trajectory were mainly defined to be diverse technological upgrades and increasingly endowed Internet-supported solutions.},
  author       = {Bleoca, Lavinia},
  keyword      = {innovation,management,digitalization,resource-based view,Profitability,dot-com crisis,data analysis and web hosting,media convergence,media fragmentation,Social and economic history,Ekonomisk och social historia},
  language     = {eng},
  note         = {Student Paper},
  title        = {Stockholm's Corporate Information Services' Adaptability to Digitalization},
  year         = {2009},
}