Contribution of information to business success: A LISREL model analysis of manufacturers in Shanghai
Information Processing and Management
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In an attempt to quantitatively measure the contribution of information to business development, two studies were carried out in Shanghai, China: one on small businesses and the other on medium-sized businesses. The LISREL (linear structural relations) model was applied in both studies to determine the magnitude of the contribution. Both studies showed that the use of information does contribute positively and in a statistically significant way to business success, although its contribution is not as important as some other factors such as business environment. A comparison of the LISREL models from the two studies also revealed similarities and differences in the use of information in these two businesses sectors.