Presently, Internet-based electronic commerce systems are developed through in-house programming and are plagued with uneven quality, low productivity, and little reusability. Furthermore, low interoperability between those systems is also a major obstacle to the deployment of open and flexible electronic markets. We investigate the concept of electronic commerce management systems (ECMS), whic...

12 The advent of the Internet as an instrument for business commerce has fundamentally altered the economy by ushering in increased efficiencies and more transparent markets. Since businesses started conducting Internet transactions in 1995, the growth has been impressive. Forrester Research estimates that worldwide electronic commerce (e-commerce) revenues were about $650 billion in 2000 and p...

The publishing industry like many other industries has not escaped the impact of information technology in both the production and distribution of the information it creates. From earliest DTP techniques to the selling of books over the internet and the publishing of electronic journals the publishing industry has readily accepted technological innovation. Many publishers are now ready to embra...

Electronic commerce applications have special features compared to conventional information systems. First, because electronic commerce usually involves yet nonexisting business activities, requirements for e-commerce applications have to be created from scratch rather than elicited. Second, design decisions about e-business models and the associated information systems architecture cannot be s...

As the second generation of electronic commerce, the framework of the agent based commerce is proposed. Since the communication messages and solution methods of agents are significantly influenced by the contract type, we have defined the grammar of contracts first. By using this generalized contract grammar, we can express new creative contract types as well as traditional ones like bids and a...

This article examines the relationship between electronic commerce and the U.S. state sales and use tax system. A framework of a high-quality tax system is used in this study, and it is applied to taxing electronic commerce sales. The first part of this article analyzes nine principles of an effective tax system and divides these principles into the categories of adequacy of revenue, fairness o...

The value drivers of electronic commerce are not well understood. Based on pioneering work in the field of information technology value, we propose and empirically test a general theory of electronic commerce value. Specifically, we propose that the important factor to consider is the creation of intangible, electronic commerce technology complementing assets. We use the event study methodology...