6. Implications and conclusions
While there are many investment theories, they mainly concern investment expenditure as a continuous variable rather than the decision to invest as a discrete variable. This study develops a discrete variable model of investment, which is then applied to study the effect of various factors on the decisions to adopt e-business of Australian transport and logistics companies using company survey data. The data analysis is conducted in two phases. In the first phase, factor analysis is conducted to identify the principal components that represent various factors influential to the e-business adoption decision. In the second phase, logistics regression is conducted to further analyse the effect of individual variables on the adoption decision