Abstract
E-business offers buyers and sellers a new form of communication and provides an opportunity to create new marketplaces. In general it is suggested that the development of e-business results in higher firm productivity and efficiency as a result of lower search and transaction costs. However, there are a number of recent studies, which demonstrate that firms engaging in e-commerce need not perform better compared to more traditional enterprises. To date, there is little empirical evidence on the impact of information technology on corporate performance. This paper is the first that uses a large representative data set of Belgian firms to study empirically the impact of e-business on productivity and cost efficiency of firms. Our main conclusions can be summarised as follows: (1) The penetration of the Internet in Belgian firms is high; however, the use of e-business is still limited, (2) It is especially the large firms that engage in e-business and mostly in e-procurement. (3) E-business has no effect on total factor productivity in small firms; however, we find positive effects on performance of c-business in large firms.
| Original language | English |
|---|---|
| Pages (from-to) | 569-581 |
| Number of pages | 13 |
| Journal | De Economist |
| Volume | 150 |
| Issue number | 5 |
| DOIs | |
| Publication status | Published - Dec 2002 |
| Externally published | Yes |
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Keywords
- E-business
- E-procurement
- Firm performance
- Internet
- New economy
ASJC Scopus subject areas
- Economics and Econometrics
Cite this
The effect of e-business on corporate performance : Firm level evidence for Belgium. / Konings, Jozef; Roodhooft, Filip.
In: De Economist, Vol. 150, No. 5, 12.2002, p. 569-581.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - The effect of e-business on corporate performance
T2 - Firm level evidence for Belgium
AU - Konings, Jozef
AU - Roodhooft, Filip
PY - 2002/12
Y1 - 2002/12
N2 - E-business offers buyers and sellers a new form of communication and provides an opportunity to create new marketplaces. In general it is suggested that the development of e-business results in higher firm productivity and efficiency as a result of lower search and transaction costs. However, there are a number of recent studies, which demonstrate that firms engaging in e-commerce need not perform better compared to more traditional enterprises. To date, there is little empirical evidence on the impact of information technology on corporate performance. This paper is the first that uses a large representative data set of Belgian firms to study empirically the impact of e-business on productivity and cost efficiency of firms. Our main conclusions can be summarised as follows: (1) The penetration of the Internet in Belgian firms is high; however, the use of e-business is still limited, (2) It is especially the large firms that engage in e-business and mostly in e-procurement. (3) E-business has no effect on total factor productivity in small firms; however, we find positive effects on performance of c-business in large firms.
AB - E-business offers buyers and sellers a new form of communication and provides an opportunity to create new marketplaces. In general it is suggested that the development of e-business results in higher firm productivity and efficiency as a result of lower search and transaction costs. However, there are a number of recent studies, which demonstrate that firms engaging in e-commerce need not perform better compared to more traditional enterprises. To date, there is little empirical evidence on the impact of information technology on corporate performance. This paper is the first that uses a large representative data set of Belgian firms to study empirically the impact of e-business on productivity and cost efficiency of firms. Our main conclusions can be summarised as follows: (1) The penetration of the Internet in Belgian firms is high; however, the use of e-business is still limited, (2) It is especially the large firms that engage in e-business and mostly in e-procurement. (3) E-business has no effect on total factor productivity in small firms; however, we find positive effects on performance of c-business in large firms.
KW - E-business
KW - E-procurement
KW - Firm performance
KW - Internet
KW - New economy
UR - http://www.scopus.com/inward/record.url?scp=0036890510&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0036890510&partnerID=8YFLogxK
U2 - 10.1023/A:1021393219617
DO - 10.1023/A:1021393219617
M3 - Article
VL - 150
SP - 569
EP - 581
JO - De Economist
JF - De Economist
SN - 0013-063X
IS - 5
ER -