Drivers and Barriers for E-Business: Evolution Over Time and Comparison Between SMEs and Large Companies

Abstract

Abstract:Key words:The ups and downs of e-business investments are related to a hype cycle. This hype cycle strengthened the statement that companies are too willing to believe in the promises of the new Internet economy without really thinking about internet-ability. According to the data in this practice-oriented survey work, SMEs are more eager to follow the e-business hype cycle. We try to give some explanations for these differences in e-business between SMEs and large companies. This requires an examination of the planning, the drivers and the barriers for conducting business processes over a computer-mediated network. We found that larger companies are mainly driven by cost-cutting to implement e-business, while SMEs attach, next to cost-savings, high importance to cooperation between their suppliers and clients. Furthermore, we can observe that larger companies see more opportunities in translating their ebusiness strategy into a formal long-term plan. This explains perhaps why larger companies are less trend sensitive for investing in e-business than SMEs. e-business hype cycle, IT investments, SME, CADIGA-rule, internet-ability