Person:
Arenas, Álvaro

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Álvaro
Last Name
Arenas
Affiliation
IE University
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IE Business School
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Information Systems and Technology
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Now showing 1 - 3 of 3
  • Publication
    Reading between the lines: Legal risk mitigation by equity crowdfunding platforms
    (ECIS 2018 Proceedings, 2018-11-28) Podar, Manan; Arenas, Álvaro; Goh, Jie Mein; Anand, Ambuj; https://ror.org/02jjdwm75
    The use of equity crowdfunding as a source of financing has rapidly gained traction. The key motivation of funders on such equity crowdfunding platforms (ECPs) is high financial returns, which is also associated with greater risk for all stakeholders: creators, funders and ECPs. We explore legal risk mitigation by ECPs in this paper and develop a taxonomy of legally mitigated risks. Content analysis of Terms of Service and Privacy Policy contracts of 17 most popular ECPs each, results in 544 references of legally mitigated risks and a taxonomy of 12 first level items and 18 second level items. We find that platforms fear and mitigate for risks associated with Information Security and Third Party most. The importance attached to Third Party risks is especially interesting. This theory and experience based systematic and comprehensive taxonomy of legally mitigated risks would not only help users understand a rapidly evolving phenomenon but also will help regulators monitor compliance issues.
  • Publication
    How does IT affect design centricity approaches: Evidence from Spain’s smart tourism ecosystem
    (Elsevier, 2019-04) Arenas, Álvaro; Goh, Jie Mein; Urueña, Alberto; https://ror.org/02jjdwm75
    Little or no prior work has examined how information technology enables the development of a design centered digital ecosystem. To examine this research question, we employ a capabilities lens and identify the pathways through which IT drives the development of a design centric smart tourism ecosystem. We analyzed archival data and data collected from interviews conducted in Spain, a country which has embarked on smart destinations projects and topped the World Economic Forum’s Travel and Competitiveness Index. From our analysis, we delineate and identify specific IT-enabled capabilities important for a country implementing smart tourism projects. We find that many of the IT resources available help develop key capabilities necessary for creating a design centric smart tourism ecosystem.
  • Publication
    IT value creation in public sector: how IT-enabled capabilities mitigate tradeoffs in public organisations
    (Taylor & Francis, 2020-01-06) Goh, Jie Mein; Arenas, Álvaro; https://ror.org/02jjdwm75
    Governments today are striving to improve services in the public sector through digital transformation programs but face tremendous pressures from multiple fronts (economy, national security, healthcare, education, etc.). Even when worldwide enterprise IT spending for the government and education markets has been increasing and is expected to surpass $652 billion in 2023 to cater to such transformation programs, 80% of the government transformation efforts failed to achieve expected results. A plausible reason for this lacklustre performance could be the presence of tradeoffs or conflicts that is particularly salient in public organisations. To better understand the mechanisms by which IT enables or inhibits capabilities of the public organisations in attaining public value, we adopt a conflict resolution lens to study how information technology (IT) enabled capabilities to mitigate these tradeoffs. Using a dataset collected from public organisations in a European country unreeling from a financial crisis, we examine the processes by which IT enables public organisations to manage the tradeoffs arising from conflicting value-based goals. We identify three mitigation strategies facilitated via IT-enabled organisational capabilities – bias, tunnelling and hybridisation. This paper contributes to the understanding of how IT mitigates value-based tradeoffs in public organisations to achieve public value.