Twenty years of electronic markets research: looking backwards towards the future

Over the past 20 years the field of electronic markets has seen a considerable proliferation and differentiation. This position paper takes the opportunity of the 21st volume of “Electronic Markets” to look back at important developments and insights, suggesting a framework that captures the multiple facets and indeed empirical breadth and depths of this concept. It comprises three perspectives which include the market environment, governance choices by economic actors as well as the entrepreneurial dynamics of firms who initiate and operate market platforms as their business. In addition, we propose to study the interplay of technological, market, and institutional drivers in order to understand the phenomenon of electronic markets, which is also a precondition for designing electronic markets. Both activities involve more than an economically motivated choice between the discrete alternatives of markets and hierarchies. Rather, electronic markets are configurations across multiple, interdependent dimensions: Technology is an important force in shaping the field, but needs to be complemented by considerations of the competitive environment and the setting of rules in order to ensure efficient and effective plays of the game. Based on this framework, this position paper develops six propositions for the future of electronic markets. Overall, the advantages of intermediated structures, an ongoing technological sophistication, as well as further innovation in market mechanisms and services make electronic markets an ena-bler for many interorganizational value chains. While we are confident that the ingenuity of inventors will yield a flow of innovations, recent economic crises have shed a dark shadow over the sustainability of electronic markets. They call for suitable rules and regulation amenable to economic prosperity and stability to be agreed upon on a broad level

Research Institutes in the ERA: WP2 2007/S 106-12999 FORESIGHT-200702 Lot 2 WP3

This is the final report of a study looking at the past and potential future of research institutes in Europe. In contrast to the universities, which are widely studied, the institutes are barely part of the EU policy discussion and the discussion about the European Research Area. The study therefore focuses on institutes in six fields, aiming to provide a broad spread of analysis that can improve understanding of the institutes and underpin policymaking in the institute sector. The overall aim of the study is to provide a basis for informing EU- and national-level policies about the role of research institutes in the development of the European Research Area (ERA). If the ERA is to become a reality, then aspects of Europe’s institute system will need to be tuned towards effectiveness and efficiency at the European level and not only, as at present, the national level. We therefore place particular emphasis on issues related to internationalisation and the international division of labour

Energy talk, temporality, and belonging in austerity Greece

Dramatic changes in the energy landscape provide a lens through which to understand local perceptions of temporality, modernity, and belonging in austerity Greece. Re-launched in 2011, the European Union supported solar energy initiative encourages installation of futuristic, high-tech photovoltaic panels on fertile agricultural land. However, winter 2012-13 and 2013-14 witnessed a return en-masse to open-fires and wood-burning stoves as a means for people to heat their homes, something locals associate with material poverty, pre-modernity, and pre-Europeanization. Drawing on ethnographic research in the town of Trikala, central Greece, this article demonstrates how “energy talk” provides a prism through which locals discuss the past, the future, increasing poverty and reassess their belonging in a modern Europe.PostprintPeer reviewe

A value proposition oriented typology of electronic marketplaces for B2B SaaS applications

In order to overcome the lack of transparency of the SaaS market, electronic marketplaces (EMs) emerge in practice. To the best of our knowledge, only little research has been carried out in this specific domain. As it is of outmost importance to understand the value offerings, the goal of this paper is to develop a typology of EMs considering the value proposition and other differentiating characteristics. An explorative multiple case study approach is employed analyzing 17 cases utilizing publically available data. We propose a five-step-typology, in particular: (1) Catalogue Listing, (2) Transaction-oriented Catalogue, (3) All-in-One Marketplace, (4) Development Platform Marketing Channel and (5) Industry Collaboration Development Platform. In addition, we analyze and discuss the general market situation of EMs for B2B SaaS applications. Based on our findings, we derive implications for practice and identify potential for further research

Shifting new media: from content to consultancy, from heterarchy to hierarchy

This is a detailed case history of one of London’s iconic new media companies, AMX Studios. Some of the changes in this firm, we assume, are not untypical for other firms in this sector. Particularly we want to draw attention to two transformations. The first change in AMX and in London’s new media industry more generally refers to the field of industrial relations. What can be observed is a shift from a rather heterarchical towards a more hierarchical organized new media industry, a shift from short-term project networks to long-term client dependency. The second change refers to new media products and services. We want to argue for a shift from cool content production towards consultancy and interactive communications solutions

Can the industrial countries return to rapid growth?

This paper presents the discussions that took place at a seminar about the major global economic issues in the context of the long-term prospects for the industrial economies. Most participants agreed that growth rates are not likely to return to well over 2.5 percent in the medium run - unless some policy yet to be defined emerges - and that this slow down will particularly hurt developing countries. The meeting ended with a concensus that something must be done to stabilize exchange rates.Environmental Economics&Policies,Achieving Shared Growth,General Technology,Information Technology,Economic Growth

Interdisciplinary (retail) research: The business of geography and the geography of business

NoAt the 2005 British Academy of Management conference several well-known economic geographers, including Neil Wrigley, Gordon Clark, and Susan Christopherson, called for management researchers to engage with economic geographers on interrelated geographical and managerial issues in the study of (retail) firms. In this commentary we reflect upon the present geography -management interface.We begin by considering the term `interdisciplinary research' and its relationship to any management - geography interface. This is followed by a context-specific discussion of international retailing and the role of research on the retail transnational corporation (TNC) in developing an interdisciplinary agenda. This commentary represents an initial more business and management focused response to the call from geography academics for more/better interdisciplinary research at the geography - management interface