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| Author: | Lee, G. Clark, T. |
| Title: | Market process reengineering through electronic market systems: opportunities and challenges |
| Journal: | Journal of Management Information Systems
1996 : -97 WINTER, VOL. 13:3, p. 113-136 |
| Index terms: | MIS ECONOMICS RE-ENGINEERING |
| Language: | eng |
| Abstract: | Over the past few years, various electronic market systems have been introduced by market-making firms to improve transaction effectiveness and efficiency within their markets. Although successful implementation of electronic marketplaces may be found in several industries, some systems have failed or their penetration pace is slower than was projected, indicating that significant barriers remain. This paper analyzes the economic forces and barriers behind the electronic market adoptions from the perspective of market process reengineering. |
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