The competitive process in the age of the internet

Earl, Peter. E and Mandeville, Tom (2009) The competitive process in the age of the internet. Prometheus, 27 3: 195-209. doi:10.1080/08109020903127760


Author Earl, Peter. E
Mandeville, Tom
Title The competitive process in the age of the internet
Journal name Prometheus   Check publisher's open access policy
ISSN 1470-1030
Publication date 2009-09
Year available 2009
Sub-type Article (original research)
DOI 10.1080/08109020903127760
Volume 27
Issue 3
Start page 195
End page 209
Total pages 15
Editor Macdonald, Stuart
Place of publication Essex, England, United Kingdom
Publisher Routledge
Collection year 2010
Language eng
Subject C1
140209 Industry Economics and Industrial Organisation
Abstract This paper examines some of the impacts of the widespread adoption and use of the Internet in advanced countries on business, consumers and the media. It is argued that while capital costs of entry into Internet-based businesses may be very low, this does not guarantee that markets in which such firms operate will necessarily be hotly contested, for success may require substantial sunk costs to be incurred in development. It explores the changing nature of market institutions associated with the rise of e-commerce (including the advent of what are labelled 'portal' firms) and associated changes in the division of labour between buyers, sellers and intermediaries. The authors provide behavioural, evolutionary, and information theoretic perspectives on these dynamic issues.
Keyword Innovation
Internet-based businesses
Disintermediation
ICT
Self-services
Media
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status Unknown

Document type: Journal Article
Sub-type: Article (original research)
Collections: 2010 Higher Education Research Data Collection
School of Economics Publications
 
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Created: Wed, 10 Mar 2010, 16:28:37 EST by Alys Hohnen on behalf of School of Economics