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This paper structures and analyzes empirical evidence in IT business value research which is theoretically guided by the intangibility of a firm's resources from the resource-based view (RBV) to find out how different companies' resources affect the IT business value in terms of competitive advantage. The empirical study uses 2,869 SEMs' survey data from the Human Capital Corporate Panel survey of Korea in 2005. Among the variables in the competitive factors, a relationship between
Michiko Miyamoto (2017) studied this question.