New Information Economics Research Articles

Application of Information Economics and New Information Economics

New Information Economics (NIE) is a method used to assess and plan investment systems and information technology withina company. The concept applied to this measurement is the New Information Economics concept. The role of Information Technology has become a very important factor that can help companies improve their company performance. The purpose of writing Information Economics and New Information Economics is to analyze and find out the benefits of applying Information Economics and New Information Economics on companies based on sources obtained. With the help of the informationeconomy and the new information economy, all ongoing project budget calculations, etc., can be evaluated. Be able to calculate which projects are important and which are not. The Information Economy and the New Information Economy help companies estimate the budget needed to implement a project. Can take into account the company's finances so as not to experience big losses.

Adoption of New Information Economics to Achieve Information System Success in IS Outsourcing Implementation

This research in progress paper aims to study the level of business-IT disconnection between IS outsourcing client and vendor. System Development Life Cycle (SDLC) as a general model for Information System Development and Design is just a formal sequential development guideline for Information System development. However, due to SDLC's inherent deficiency, it does not ensure efficient coordination of interlinked business and software design activities between business management client and information system specialist vendor. In this study, a research model proposed to reveal the relationship between adoption of NIE and system success in IS outsourcing firms. The main objective of this study is to resolve business-IT disconnection between IS outsourcing client and vendor. The results will assist the IS development for IS outsourcing client and vendors.  Index Terms—system development life cycle (SDLC), new information economics (NIE), information system outsourcing (IS Outsourcing), IS outsourcing client and IS outsourcing vendor.

Analisis Sistem Informasi yang Sedang Berjalan dan Rencana Proyek E-Procurement dengan Pendekatan Metode New Information Economics

PT PLN (Persero) is a state owned which manages the biggest electricity businesses that cover the entire territory of Indonesia. His position is very potential for the Indonesian public life requires that PLN is able to manage the investment means the supply of electricity to customers. This is done with the information systems that support business processes in the body of PLN. PT PLN (Persero) has some application systems, infrastructure, service, and management used to increase the ability of the company. In PLN, there is an application that is capable of supporting PLN to conduct the procurement process is procurement information system (e-procurement). PSI Sub-party service providers as e-procurement to see investment information system (SI) and Information Technology (IT) which is proportional to the amount issued benefits and bottom-line impact for companies and can find out the level of funds / investment budgets and alignment of Information Technology there is a project in accordance with company requirements. Those needs based on business needs and applications currently running in the intersection so as to project better. Based on this, the author proposes to analyze the benefits of information technology investments by using the method of New Information Economics (NIE) that combines the two approaches both financial and non-financial. In the method NIE (New Information Economics) will be used four of the five practices that NIE Strategic Demand / Supply Planning, Innovation, Prioritization, and Alignment. The results are expected to help the company to allocate investments SI / IT is more appropriate and supports the company's performance, especially in providing added value to the parties concerned.

PENGGUNAAN METODE NEW INFORMATION ECONOMICS UNTUK MENINGKATKAN KINERJA USAHA MELALUI SISTEM INFORMASI

PFI is a financing institution (multifinance) that since 2004, focusing on consumer finance who want to own a motorcycle. PFI has been utilizing the information system and technology (IS/IT) in the overall business processes both on the system application is currently running (lights on), infrastructure, services, management and application projects planning. The research objective was to give a clear picture to the management about benefits and impacts that can be obtained from the IS/ IT investment both lights on and appplication projects. Researchers propose to analyze the lights on and the application projects is using the New Information Economics (NIE) and uses four of the NIE five practices that are Demand/Supply Planning, Innovation, Prioritization, and Alignment. The research result is an IS/IT strategy investment in the lights on, fulfilling the needs of the IS/IT, the creation of new innovations, as well as priority application projects based on the company’s strategic direction. Conclusions obtained are the company can find out where the lights on should be developed, improved, or even ignored. And to knowing which application projects should take precedence, so the company can allocate future resources to the lights on and the right application projects that supports corporate strategic direction.Keywords: lights on, application projects, New Information Economics (NIE)

USULAN PENGELOLAAN DIVISI TEKNOLOGI INFORMASI PT CHAROEN POKPHAND INDONESIA TBK. DENGAN METODE NEW INFORMATION ECONOMICS

Charoen Pokphand Indonesia company was a big cattle food company and the distribution spread all overIndonesia. In this research, it was proposed to analyse the use of information technology investment and how to run thedivison budget using New Information Economics (NIE) method and using four out of five NIE practice, which are ategicDemand/ Supply Planning, Innovation, Prioritization, and Alignment. The research result was the company managementwill be able to know which Information System (IS) and Information Technology (IT) that was more important to bedeveloped also which one was not because did not give positive impact. So, the IT division can alocate the IS and ITinvestment on project that only support the company performance.Keywords: new information economics, investment, project, information technology, information system

A MICRO-THEORETIC ANALYSIS OF JAPANESE FINANCIAL SYSTEM

In Japan, the conventional and predominant opinion (the traditional paradigm) has long held that the standard economic theories developed in Anglo-American countries are inadequate to give convincing explanation of the Japanese financial system which has too much uniqueness. Also, this majority view has given way to the common attitude to understand the Japanese financial system as something that is backward or distorted. With some noteworthy exceptions,1) this attitude is shared by both of mainstream as well as Marxist economists of this country. However, we could challenge this majority view with two issues as follows : firstly, we can question whether the standard economic theories give in fact a satisfactory account of the reality of financial system in Anglo-American countries, and secondly, we can question if the Anglo-American financial system should really be considered as the absolute norm. In this paper, we will investigate the possibility of a new counter-paradigm in relation to the set of two questions mentioned in the above. In doing so, we will first effectuate a shift in the angle of analytical vision through summarizing the seminal results of new information economics (i.e., applied micro-economics) with regard to the theory of finance. Then, we will attempt to demonstrate the validity of typological analysis of financial system which tries to understand various systems in different countries in different times as entities each of which is endowed with an internal coherence, as opposed to the traditional, monistic analysis which uses Anglo-American countries as the sole ideal model. The paper ends with a few concluding remarks.