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Essay text:
In this
research, we focus on this other kind of IT asset – one in which individuals and firms can invest
– IT human capital.
As organizations scramble to leverage new technologies, the skills and knowledge
required by firms employing IT professionals changes. The result is an environment in which
firms and individuals must make investment decisions to develop and then apply competencies
necessary for success. This creates opportunities for those with relevant skills, but it makes skill
set development and retention a critical challenge for individuals and organizations alike. We
address these issues in the context of human capital theory, a theoretical perspective that views
investment in a workforce as a capital investment (Becker 1962, 1995; Becker, Murphy, and
Tamura 1990)...
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