Cookies?
Library Header Image
LSE Research Online LSE Library Services

Business-to-business e-commerce; value creation, value capture and valuation

Garicano, Luis and Kaplan, Steven N. (2002) Business-to-business e-commerce; value creation, value capture and valuation. Advances in Applied Microeconomics, 11 . pp. 89-125. ISSN 0278-0984

Full text not available from this repository.

Abstract

This paper presents a framework to analyze the potential changes in transaction costs due to the introduction of e-commerce on transactions between businesses. It then illustrates and applies this framework using internal data from an Internet-based firm to measure process improvements, marketplace benefits, and motivation costs. We find that process improvements and marketplace benefits are potentially large, while little evidence exists of increases in motivation costs. Finally, we use the framework to help discuss why valuations of Internet companies were so high at the end of 1999 and why they have declined so precipitously since then.

Item Type: Article
Official URL: http://www.emeraldinsight.com/10.1016/S0278-0984(0...
Additional Information: © 2002 Emerald Group Publishing Limited
Library of Congress subject classification: H Social Sciences > HD Industries. Land use. Labor
Sets: Research centres and groups > Managerial Economics and Strategy Group
Departments > Management
Research centres and groups > Centre for Economic Performance (CEP)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 03 Nov 2009 16:25
URL: http://eprints.lse.ac.uk/25579/

Actions (login required)

Record administration - authorised staff only Record administration - authorised staff only