| Publisher | University of Minnesota | ||
|---|---|---|---|
| Format | 241.0KB PDF | Date added | 27 Jul 2000 |
| Topics | Procurement and Sourcing, E-procurement | ||
| Downloads | 397 | ||
Information technology (IT) has long been applied to support the exchange of goods, services and information between organizations. Early on, when interorganizational information systems (IOIS) like EDI systems were introduced, electronic markets emerged for business purchasing. However, it is only with the advent of Internet-based e-procurement systems and business-to-business (B2B) electronic markets that the real opportunities for any-to-any (A2A) online transactions have opened up across space and over time. This paper draws 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.
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