This study proposes an unconventional partial adjustment valuation approach, as a comparison to stochastic production frontier approach, to evaluate the business values of information technology and E-commerce. Based on the different settings of the speeds of adjustment, two different cases,...

The business values of information technology (IT) and electronic commerce (EC) have been discussed for years, yet virtually all previous studies have evaluated the values of IT and EC independently, instead of jointly; and ignored their impacts on the firm’s performance and inputs...