Journal Article

Big Data Investment, Skills, and Firm Value

Tambe, Prasanna

2014

نظرة عامة

This paper analyzes how labor market factors have shaped early returns on big data investment using a new data source-the LinkedIn skills database. The data source enables firm-level measurement of the employment of workers with technical skills such as Hadoop, MapReduce, and Apache Pig. From 2006 to 2011, Hadoop investments were associated with 3% faster productivity growth, but only for firms (a) with significant data assets and (b) in labor markets where similar investments by other firms helped to facilitate the development of a cadre of workers with complementary technical skills. The benefits of labor market concentration decline for investments in mature data technologies, such as Structured Query Language-based databases, for which the complementary skills can be acquired by workers through universities or other channels. These findings underscore the importance of geography, corporate investment, and skill acquisition channels for explaining productivity growth differences during the spread of new information technology innovations. This paper was accepted by Alok Gupta, special issue on business analytics .

• الناشر: INFORMS,Institute for Operations Research and the Management Sciences
• موضوع: Analysis / Big Data / Business analytics / Business enterprises / Data analysis / Debt management / economics of IS / Employment / Firm value / Hadoop / Human capital / Hypotheses / Impact analysis / Information management / Information systems / Information technology / Innovation / Innovations / Investment pools / Investment value / Investments / IT policy and management / IT productivity / IT value / IT workforce / Labor market / Labor markets / Labor productivity / Labour market / management of IT human resources / Management science / Productivity / Productivity growth / Professionals / R&D / Research & development / Return on investment / Skills / Strategic management / strategic management of IT / Structured Query Language-SQL / Studies / technical skills / Technological change / Technological innovation / Technology application / U.S.A / Workforce