E-Commerce Readiness: Institutional Environment and International Competitiveness
A systematic cross-country analysis of e-commerce activity reveals that although physical infrastructure explains much of the variation in basic Internet use, e-commerce activity also depends significantly on a supportive institutional environment. Chief among the characteristics of such an environment are national respect for the “rule of law” and, secondarily, the availability of credible payment channels such as credit cards. These results suggest that an institutional environment that facilitates the building of transactional integrity is critical to the development of e-commerce.© 2001 JIBS. Journal of International Business Studies (2001) 32, 705–723
Year of publication: |
2001
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Authors: | Oxley, Joanne E ; Yeung, Bernard |
Published in: |
Journal of International Business Studies. - Palgrave Macmillan, ISSN 0047-2506. - Vol. 32.2001, 4, p. 705-723
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Publisher: |
Palgrave Macmillan |
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