Virtual enterprises and virtual economy: manifestations and policy challenges Online publication date: Mon, 07-Jul-2003
by Louis A Lefebvre, Elisabeth Lefebvre
International Journal of Technology Management (IJTM), Vol. 20, No. 1/2, 2000
Abstract: This paper investigates some of the manifestations and major forces driving the emergence of the new economy. A model of the virtual enterprise is proposed and investigated in the context of a virtual industry value chain. The transition to the virtual economy is definitely technology-driven, but is also shaped by social, economic and institutional forces. As such, it raises a number of significant issues presented as propositions concerning the new governance, restructuring, and social distancing.
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