Information technology pays off: Firm-level evidence among reformers in Japan, the U.S., Germany, and Korea(in Japanese)

Akihiko Shinozaki and Yasumoto Sato

ESRI Discussion paper series from Economic and Social Research Institute (ESRI)

Abstract: In this paper we conduct an international comparison about the effective outcome of investment in information technology and corresponding corporate reforms. Based on an international survey of 18,500 firms in Japan, the United States, Germany, and South Korea, we divide effective respondent of 1,260 firms into two groups, i.e., reformers and non-reformers, and then conduct multiple comparisons respectively. This analysis revealed that in the non-reformer group Japan is considerably behind among four countries but not or far less behind in the reformer group. In other words, Japanese firms are not outliers among reformers. Thus, it is suggested that the investment in information technology pays off even in Japanese firms if they execute drastic corporate reforms.

Pages: 23 pages
Date: 2011-02
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