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The impact of information and communications technology on commercial real estate in the new economy

By: Language: English Series: Journal of Property Investment and Finance ; 23(6) 2005, 480-493(14)Publication details: 2006Subject(s): Summary: Analyses of conceptual frameworks that have been developed for assessing the impact of Information and Communications Technology (ICT) on real estate. The methodology includes a critical review of existing literature and draws from examples of previous empirical studies. The results suggest that a socio-technical framework is more appropriate to examine ICT impact in real estate than other deterministic frameworks. Therefore, ICT is an important part of the new economy.

Analyses of conceptual frameworks that have been developed for assessing the impact of Information and Communications Technology (ICT) on real estate. The methodology includes a critical review of existing literature and draws from examples of previous empirical studies. The results suggest that a socio-technical framework is more appropriate to examine ICT impact in real estate than other deterministic frameworks. Therefore, ICT is an important part of the new economy.