Impact Investing in Information Technology Business
Year of publication
2022
Authors
Okker, Timo
Abstract
Impact investing is one of most prominent investing strategies that pursue to generate measurable environmental and social effects in addition to profits. Despite the growth of the impact investing market and plausible results of information technology (IT) solutions and services, impact investments in the IT markets have been scarce and there has been very little research of the phenomenon. This study presents a multivocal literature review (MLR) to narrow the gap between the practitioners and scholars and provides results for further research avenues. The study reviews 374 literature sources in total using pre-selected keywords which were analysed using thematic and content analysis. Results indicate that IT related impact investing is increasing frequently in practice, but there is paucity of research of the phenomenon. The results of the study also propose three main discourses in IT related impact investing. Current practices and research converge technology, business management and impact investing infrastructure discourses. In addition, the study displays the most prominent technology sectors in the field. The study proposes that impact investing is a prominent phenomenon among the practitioners, and especially IT start-ups are establishing significant solutions for social and environmental impact, whereas scholars are neglecting the phenomenon.
Show moreOrganizations and authors
University of Jyväskylä
Okker Timo
Publication type
Publication format
Article
Parent publication type
Journal
Article type
Original article
Audience
ScientificPeer-reviewed
Peer-ReviewedMINEDU's publication type classification code
A1 Journal article (refereed), original researchPublication channel information
Publisher
Volume
27
Issue
1
Pages
16-28
ISSN
Publication forum
Publication forum level
1
Open access
Open access in the publisher’s service
Yes
Open access of publication channel
Fully open publication channel
Self-archived
Yes
Other information
Fields of science
Computer and information sciences; Business and management
Keywords
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Publication country
Finland
Internationality of the publisher
Domestic
Language
English
International co-publication
No
Co-publication with a company
No
The publication is included in the Ministry of Education and Culture’s Publication data collection
Yes