Erik Brynjolfsson

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Erik Brynjolfsson (2013)

Erik Brynjolfsson is an American economist who holds the Schussel Family Endowed Professorship in Business Administration at the MIT Sloan School of Management , where he also directs the Center for eBusiness as its director. In addition, Brynjolfsson is a Chair of the MIT Sloan Management Review and Editor of the Information Systems Network . His research deals with the successful use of information technology (IT), especially the Internet, by companies.

education

Erik Brynjolfsson studied from 1980 to 1984 at Harvard University , which awarded him a BA in applied mathematics with the distinction “magna cum laude” and an SM in applied mathematics and decision-making science. Thereafter moved Brynjolfsson of the MIT Sloan School of Management , where he in 1991 with a thesis on "Information Technology and the reorganization of work - theory and evidence" ( Information Technology and the re-organization of Work: Theory and Evidence ) for Ph.D. in business administration. During his studies, Brynjolfsson worked as an academic teacher and research assistant.

Professional background

During his PhD studies, Brynjolfsson founded and ran the Boston Computer Society Expert Systems Group , an IT consultancy in Boston. After receiving his doctorate, he was hired by the MIT Sloan School of Management as an assistant professor and promoted to associate professor in 1995 , but also worked at Stanford University from 1996 to 1998 . His appointment as co-director of the Center for eBusiness at MIT in 1999 was followed in 2001 by his election to the Maria family professor for business administration, a position he has held since then. In addition Brynjolfsson works among others as CEO of the Business journal MIT Sloan Management Review , researcher at the National Bureau of Economic Research , advisor to the office of the Federal Reserve Bank in Boston and a member of the MIT Computer Science and AI Laboratory.

research

Brynjolfsson's research focuses on the interface between information technology and economics, including the relationship between IT and work organization , the relationship between IT and productivity, and pricing policy, and the distribution of digital information. One of the main research results of Brnjolfsson is the proof that the interplay of IT use in companies, a technology-friendly business organization and new product and service developments has led to a technical change in the USA that is distorted by qualifications and has significantly influenced the labor demand of these companies. Other research services include:

  • the thesis that the productivity surge of the late 1990s can be largely attributed to the accumulation of intangible capital and, in particular, the delay in measuring the impact of IT investments;
  • empirical evidence on the invalidity of the productivity paradox of information technology in the period after 1991 on the basis of essential and statistically significant contributions of information systems to the productivity of companies;
  • the empirical analysis of the hypothesis of the Internet as a "frictionless market" using books and CDs as an example, with the result that competition on the Internet is indeed much more frictionless than in ordinary business, but brand management , brand awareness and customer trust are the main reasons for the heterogeneity of Internet retailers ;
  • investigated the effect of computerization on the productivity and production growth of large US companies between 1987 and 1994, with the result that the contributions of computerization to productivity unfold their effect disproportionately in the long term, which the authors in turn to the need for a time-consuming reorganization of work in computerized companies.

Publications

  • with Brian Kahin: Understanding the Digital Economy: Data, Tools, and Research. The MIT Press, Cambridge (MA), 2000, ISBN 978-0-262-02474-7 .
  • Some Estimates of the Contribution of Information Technology to Consumer Welfare. Nabu Press, Charleston (SC), 2011, ISBN 978-1-179-88663-3 .
  • The Great Equalizer? Consumer Choice Behavior at Internet Shopbots. Nabu Press, Charleston (SC), 2011, ISBN 978-1-178-82833-7 .
  • with Andrew McAfee: Race Against the Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy. Digital Frontier Press, Lexington (MA), 2012, ISBN 978-0-984-72511-3 .
  • with Adam Saunders: Wired for Innovation: How Information Technology Is Reshaping the Economy. The MIT Press, Cambridge (MA), 2013, ISBN 978-0-262-51861-1 .
  • with Andrew McAfee: Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies. Norton & Company, New York City, 2014, ISBN 978-0-393-23935-5 .

literature

Web links

Individual evidence

  1. ^ Profile of Erik Brynjolfsson. Website of the Center for eBusiness at MIT
  2. a b c CV of Erik Brynjolfsson. MIT Sloan School of Management website
  3. ^ Bresnahan, T., Brynjolfsson, E., Hitt, LM (2002): Information Technology, Workplace Organization and the Demand for Skilled Labor: Firm-Level Evidence. ( Memento of the original from November 29, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. In: Journal of Quarterly Economics , 117 (1), pp. 339–376 (see IDEAS database) @1@ 2Template: Webachiv / IABot / ideas.repec.org
  4. Brynjolfsson, E., Hitt, LM (2000): Beyond Computation: Information Technology, Organizational Transformation and Business Performance. In: Journal of Economic Perspectives , 14 (4), pp. 23–48 (see IDEAS database)
  5. ^ Brynjolfsson, E., Hitt, L. (1996): Paradox Lost? Firm-Level Evidence on the Returns to Information Systems Spending. In: Management Science , 42 (4), pp. 541-558. (see IDEAS database)
  6. ^ Brynjolfsson, E., Smith, MD (2000): Frictionless Commerce? A Comparison of Internet and Conventional Retailers. In: Management Science , 46 (4), pp. 563-585. (see IDEAS database)
  7. ^ Brynjolfsson, E., Hitt, LM (2003): Computing Productivity: Firm-Level Evidence. In: Review of Economics and Statistics , 85 (4), pp. 793-808. (see IDEAS database)