Title

Business Models for Internet-Based E-Procurement Systems and B2B Electronic Markets

Publication Type

Journal Article

Publication Date

1-2002

Abstract

Information technology (IT) has long been applied to support the exchange of goods, services and information between organizations. It is with the advent of Internet-based e-procurement systems and business-to-business (B2B) electronic markets that the real opportunities for online transactions have opened up across space and over time. The authors draw on IS and economics theory to investigate the motivation for the various online business models, and the adoption requirements of purchasing firms, through the examination of a set of mini-cases. Our exploratory study finds that private aggregating and negotiating mechanisms are being adopted for large quantity business supply purchases, while public market mechanisms are more often adopted when firms face uncertain and high variance demand. Moreover, market facilitation, expertise sharing and collaboration are gradually attracting more attention, and call for future investigation.

Discipline

Computer Sciences | E-Commerce

Research Areas

Information Systems and Management

Publication

International Journal of Electronic Commerce

Volume

6

Issue

4

First Page

41

Last Page

72

ISSN

1086-4415

Identifier

10.1080/10864415.2002.11044247

Publisher

Taylor & Francis

Additional URL

http://www.tandfonline.com/doi/abs/10.1080/10864415.2002.11044247