News
Determinants of Grid Assimilation in the Financial Services Industry
By Martin Wolf, Jens Vykoukal and Professor Dr. Roman Beck
Financial services providers are exposed to different sources of institutional pressure arising from the intense competition and regulation in the banking sector. Against this background, the implementation of Grid technology can be seen as a potential strategic response to increasing requirements in terms of complex new financial products, the assessment of arising risks, and sophisticated investment strategies. So far, however, little empirical research has been conducted to quantify the determinants of Grid assimilation in the financial services industry. In the following, a theoretical perspective on the organizational drivers and inhibitors of Grid assimilation and the role of institutional pressure in the assimilation process is introduced. This conceptualization is evaluated based on 197 complete responses from North American IT decision makers of financial services providers. The results from partial least squares analyses suggest a strong positive impact of mimetic and normative pressure on Grid assimilation, but surprisingly do not support the hypothesized strong relationship of coercive pressure on Grid assimilation.
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Latest printed newsletter: | Second Issue, April 2010 |
