This study also has a number of important implications for management. First, our results demonstrate that IT capabilities contribute to the product innovation performance of a firm, albeit in a circuitous way. Executives who perceive the return on IT to be vague and inconsistent would likely see a more consistent path by focusing on IT’s role in supporting entrepreneurial and innovation activities. Rather than seeking to link IT directly to firm-level financial outcomes, senior management should shift their attention to the salient role of IT in enabling intermediary factors. Such a shift in perspective would be helpful for making informed IT investment decisions. The elaborated role of IT in enabling firm innovation found in our study is also consistent with the findings of the Society for Information Management’s (SIM) 2014 IT Trends Study, which identified that the IT priorities among IT managers have been shifted from IT impacts in increasing efficiency and reducing cost to more strategic and organizational issues such as innovation [36]. Recognizing the role of IT in enabling innovation, senior managers should reconsider the value of IT and prioritize IT investments with the potential to enable organizational innovation. In particular, more attention needs to be paid to IT resources and applications that would help to (1) collect and analyze information on the market and customers, (2) share real-time information with their business partners, (3) reshape and integrate disparate business activities, and (4) utilize the information to support innovation- related strategic choices. Considered as evidence, more contemporary companies leverage mobile applications, web-based applications to collect data and information about customer demands and preferences and use business intelligence or analytics technologies to interpret these data to improve product innovation.