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).
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van Geenhuizen, M., Nijkamp, P. (2004). In Search of Urban Futures in the E-economy. In: Beuthe, M., Himanen, V., Reggiani, A., Zamparini, L. (eds) Transport Developments and Innovations in an Evolving World. Advances in Spatial Science. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-24827-9_5
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