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Determinants of IT adoption in furniture manufacturing companies: a price estimation case for the Baltic region

Birutė Mikulskienė () and Julija Moskvina ()
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Birutė Mikulskienė: Mykolas Romeris University
Julija Moskvina: Mykolas Romeris University

Journal of Revenue and Pricing Management, 2022, vol. 21, issue 4, No 5, 441 pages

Abstract: Abstract The use of information technologies not only in production processes, but also in pricing, can increase the value created by companies; however, the penetration of the technologies at the company level are still insufficiently analyzed. Paper aims to reveal IT-related prerequisites for the change towards advanced price estimation process of customized products. Based on the results of a quantitative survey of Baltic furniture manufacturing companies, the extent and main applications of technology penetration and their links to price estimation practices and company performance were identified. A model of key factors of IT adoption in furniture production was developed.

Keywords: Price estimation; IT adoption; Furniture manufacturing; Baltic states (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1057/s41272-021-00332-z

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