Is Information Systems Spending Productive?

When your department is named Information Systems and you see an article entitled "Is Information Systems Spending Productive?" you tend to sit up and take notice. Such an article appeared in The MIT Report of July/August 1993, summarizing a study by Erik Brynjolfsson, Professor of Management at the Sloan School, and graduate student Lorin Hitt. Their study dealt with the relationship between a company's spending on information systems and its productivity. In a recent interview, Brynjolfsson and Hitt elaborated on what they found.