Abstract
| Original language | English |
|---|---|
| Pages (from-to) | 1672-1680 |
| Number of pages | 9 |
| Journal | Institute of Electrical and Electronics. Proceedings |
| Volume | 98 |
| Issue number | 9 |
| DOIs | |
| Publication status | Published - 2010 |
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Unpacking the RFID Investment Decision. / Keating, Byron; Coltman, Tim; Fossa-Wamba, Samuel; Baker, Valerie.
In: Institute of Electrical and Electronics. Proceedings, Vol. 98, No. 9, 2010, p. 1672-1680.Research output: Contribution to journal › Article
TY - JOUR
T1 - Unpacking the RFID Investment Decision
AU - Keating, Byron
AU - Coltman, Tim
AU - Fossa-Wamba, Samuel
AU - Baker, Valerie
PY - 2010
Y1 - 2010
N2 - Mandates aside, there are many reasons why firms decide to move forward with or delay investment in radio-frequency identification (RFID) technology. In this paper, we use a theoretically-based, easy to implement methodology to empirically derive a relative importance scale of those factors that influence the decision to invest in RFID technology. More specifically, we compare the factors that matter most and least to a sample of firms that have adopted RFID technology with a sample of firms that have yet to embrace RFID technology. The theoretical and practical implications are that both RFID adopters and nonadopters are driven by the promise of greater data accuracy, improved information visibility, service quality, process innovation, and track-and-trace capabilities. What separates the adopters from the nonadopters is an opportunity to derive strategic benefits from RFID through improved decision making. Not surprisingly, the nonadopting firms are primarily concerned with the high acquisition and other ongoing costs associated with RFID technology.
AB - Mandates aside, there are many reasons why firms decide to move forward with or delay investment in radio-frequency identification (RFID) technology. In this paper, we use a theoretically-based, easy to implement methodology to empirically derive a relative importance scale of those factors that influence the decision to invest in RFID technology. More specifically, we compare the factors that matter most and least to a sample of firms that have adopted RFID technology with a sample of firms that have yet to embrace RFID technology. The theoretical and practical implications are that both RFID adopters and nonadopters are driven by the promise of greater data accuracy, improved information visibility, service quality, process innovation, and track-and-trace capabilities. What separates the adopters from the nonadopters is an opportunity to derive strategic benefits from RFID through improved decision making. Not surprisingly, the nonadopting firms are primarily concerned with the high acquisition and other ongoing costs associated with RFID technology.
U2 - 10.1109/JPROC.2010.2052530
DO - 10.1109/JPROC.2010.2052530
M3 - Article
VL - 98
SP - 1672
EP - 1680
JO - Proceedings of the IEEE
JF - Proceedings of the IEEE
SN - 0018-9219
IS - 9
ER -