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Automated mechanism design for B2B e-commerce models
Journal article   Open access   Peer reviewed

Automated mechanism design for B2B e-commerce models

W.K. Chong, E.M Tadjouddine, Mathew Shafaghi and B.L. Tan
International Journal of Trade, Economics and Finance, Vol.2(1), pp.87-92
02/2011

Abstract

B2B e-Commerce B2B e-Marketplace SMEs
Business-to-business electronic marketplaces (B2B e-Marketplaces) have been in the limelight since 1999 with the commercialisation of the Internet and subsequent “dot.com” boom [1]. Literature is indicative of the growth of the B2B sectors in all industries, and B2B e-Marketplace is one of the sectors that have witnessed a rapid increase. Consequently, the importance of developing the B2B e-Commerce Model for improved value chain in B2B exchanges is extremely important for SMEs to expose to the world marketplace. There are three research objectives (ROs) in this study; first (RO1) to critical review the concepts of the B2B e-Marketplace including their technologies, operations, business relationships and functionalities; second (RO2) to design an automated mechanism of B2B e-Marketplace for Small to Medium Sized Enterprises (SMEs); and third (RO3) to propose a conceptual B2B e-Commerce model for SMEs. The proposed model is constructed by the analytical findings obtained from the contemporary B2B e-Marketplace literature.
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