Processes in the internet economy, the view of electronic business processes

S. Mandorf

Research output: Book/ReportReportAcademic


In the last ten to fifteen years the internet economy has changed our understanding of business. An integrated e-business and computer-aided structures of the company are no longer an option, but have become a "must".[1] Even when the general ecnomic laws have not changed, there were changes in the mediums and terms how they are taken out in the every-day praxis. So for example the office has revolutionized its conditions completely by the new media Internet. Important are not only the well-known "death of time" and "death of distance" when you use the Internet as a distribution channel, but also the creation of virtual communities as new forms of corporation or the conception of new interactive and virtual products, like for example computer based learning. New models of business processes have been developed. Most of them use tools of the information technology (IT) to mange the information overflow. One of the goals was the paper-free office. But the information seems to enlarge extremely, because even with common IT-tools you are able to get an amount of data you could never imagine before in the business world. That is why no longer the collecting and storing of information, but the selection of the relevant data and information sources becomes higher important. [2] In general the management of information is one of the significant challenges in the short term. Statistics prove that information on the Internet doubles every three months.[3] That does not only refer to the high-developed countries. Global networks connect scientists and enterprises all over the world. They give also the less-developed countries the chance to join the internet economy. Especially the Asian state Malaysia is an example for a career in the IT. In the end of the 1990ies Malaysia built a multimedia super corridor between the Kuala Lumpur City Centre and the International Airport. Now this corridor counts to the most productive economic zones of the world with universities, high-skilled computer-firms and financial service companies. An equal development can be noticed in Singapore.[4] We also do not have to forget the rising of China and India with an extraordinary growth in the computer business. So the Asian competitives of the European Union and the USA were able to exert a big pressure towards the industry of the so called developed countries that have immense problems to hold their productivity and the income levels of their populations.
Original languageEnglish
Place of PublicationMunich
PublisherGrin Academic Publishing House
Number of pages35
ISBN (Print)978-3-638-94672-8
Publication statusPublished - 2008


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