Name
Abstract | ||
|---|---|---|
The World Wide Web has literally burst upon the businesses in recent times. With the Web doubling in size every 53 days or so, the growth is biological. With a technology as recent and fast proliferating as this one, paradigms often lag behind action, and the hype. Still, paradigms alone provide an objective coasting course through turbulent waters. Two paradigms which are thought to be helpful in formulating a strategy for doing business on the Internet are the value chain analysis and transaction cost economics. Value chain analysis helps businesses identify specific areas where the Internet can add value and the transaction cost analysis provides a basis for why value is added as transactions move across boundaries in value chains. In this paper we employ these twin analyses and propose a framework for strategic planning to develop business opportunities in the new arena of the Internet. This is expected to provide a basis for further analysis of Web-based business. Some examples from the real world help put this twin analysis in perspective. |
Year | DOI | Venue |
|---|---|---|
1996 | 10.1016/0169-7552(96)00041-4 | Computer Networks |
Keywords | Field | DocType |
transaction cost analysis,competitive advantage,value chain analysis,strategic planning,world wide web,value chain,value of information,transaction cost economics | Transaction cost,World Wide Web,Business value,Extended enterprise,Computer science,Competitive advantage,Value of information,Value chain,Strategic planning,The Internet | Journal |
Volume | Issue | ISSN |
28 | 7-11 | 0169-7552 |
Citations | PageRank | References |
17 | 1.66 | 2 |
Authors | ||
2 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Somendra Pant | 1 | 79 | 5.62 |
| Cheng Hsu | 2 | 112 | 27.22 |