The strategic value of data resources in emergent industries

Stanislav Mamonov, Tamilla Mavlanova Triantoro

Research output: Contribution to journalArticle

10 Citations (Scopus)

Abstract

In this paper we examine the strategic role of data resources in emergent industries. We contrast the resource-based view and the relational view theories to examine how data resources can help organizations create and capture value. We compare two organizations from two different industries to understand how different types of data resources can provide a competitive advantage. We also examine the role of strategic partnerships in capturing value created through the exploitation of data resources. We conclude that while data often serve as a required resource for entry into new markets, strategic partnerships play a critical role in capturing value created through the exploitation of data resources. The emergent partnership structures are remarkably similar across the two organizations. They target rapid market expansion through encapsulation of data resources within highly scalable web services and the use of standardized legal contracts. We also find that temporal decoupling between value creation and value capture can expose firms to the erosion of the competitive advantage gained through investment in data resources.

Original languageEnglish
Pages (from-to)146-155
Number of pages10
JournalInternational Journal of Information Management
Volume39
DOIs
StatePublished - 1 Apr 2018

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industry
resources
Values
Industry
Encapsulation
Web services
Erosion
exploitation
market
erosion
firm
strategic alliance

Keywords

  • Big data
  • Competitive advantage
  • Data resource
  • Partnerships
  • Relational view
  • Resource-based view
  • Value capture
  • Value creation

Cite this

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The strategic value of data resources in emergent industries. / Mamonov, Stanislav; Triantoro, Tamilla Mavlanova.

In: International Journal of Information Management, Vol. 39, 01.04.2018, p. 146-155.

Research output: Contribution to journalArticle

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