In Search of Urban Futures in the E-economy
Marina Geenhuizen and
Peter Nijkamp
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Marina Geenhuizen: Delft University of Technology
Chapter 5 in Transport Developments and Innovations in an Evolving World, 2004, pp 69-83 from Springer
Abstract:
Abstract The use of information and communication technology (ICT) in commercial transactions and work has grown tremendously since the mid-1990s. Most transactions using electronic commerce have been in business-to-business commerce, but business-to-consumer commerce is likely to play an expanding role in the coming years. An explanation of the popularity of the Internet and ecommerce can be found in network externality theory (e.g. Katz and Shapiro 1985; Capello 1994; Economides 1996).The positive network effects include increasing returns and first-mover advantages. In addition, various critical transaction and co-ordination advantages can be observed (e.g. Wigand 1997).
Keywords: Financial Service; Tacit Knowledge; Electronic Communication; Interpretative Framework; Urban Function (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-540-24827-9_5
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DOI: 10.1007/978-3-540-24827-9_5
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