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IT Market and E-Commerce in Transition Economy: Network Externalities

Vytautas Snieška (), Regina Virvilaitė, Vaida Kvainauskaitė, Bronius Neverauskas, Rimantas Gatautis and Aistė Dovalienė
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Vytautas Snieška: Kaunas University of Technology
Regina Virvilaitė: Kaunas University of Technology
Vaida Kvainauskaitė: Kaunas University of Technology
Bronius Neverauskas: Kaunas University of Technology
Rimantas Gatautis: Kaunas University of Technology
Aistė Dovalienė: Kaunas University of Technology

Chapter 8 in Regional Externalities, 2007, pp 149-172 from Springer

Abstract: Abstract The article presents the main aspects of interaction between network externalities, IT market, and e-commerce development under conditions of a transition economy. In literature it has often been found that network externalities cause a decrease of what is generally called transaction costs (costs of gathering information, controlling, coordinating transactions). With respect to the decrease of transaction costs, this chapter shows that network externalities are extremely relevant for the Lithuanian IT market.

Keywords: Network Externalities; IT Market; Transition Economy; Transaction Economy (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-35484-0_8

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DOI: 10.1007/978-3-540-35484-0_8

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