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IT Market and E-Commerce in Transition Economy: Network Externalities

In: Regional Externalities

Author

Listed:
  • Vytautas Snieška

    (Kaunas University of Technology)

  • Regina Virvilaitė

    (Kaunas University of Technology)

  • Vaida Kvainauskaitė

    (Kaunas University of Technology)

  • Bronius Neverauskas

    (Kaunas University of Technology)

  • Rimantas Gatautis

    (Kaunas University of Technology)

  • Aistė Dovalienė

    (Kaunas University of Technology)

Abstract

The article presents the main aspects of interaction between network externalities, IT market, and e-commerce development under conditions of a transition economy. In literature it has often been found that network externalities cause a decrease of what is generally called transaction costs (costs of gathering information, controlling, coordinating transactions). With respect to the decrease of transaction costs, this chapter shows that network externalities are extremely relevant for the Lithuanian IT market.

Suggested Citation

  • Vytautas Snieška & Regina Virvilaitė & Vaida Kvainauskaitė & Bronius Neverauskas & Rimantas Gatautis & Aistė Dovalienė, 2007. "IT Market and E-Commerce in Transition Economy: Network Externalities," Springer Books, in: Wim Heijman (ed.), Regional Externalities, chapter 8, pages 149-172, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-35484-0_8
    DOI: 10.1007/978-3-540-35484-0_8
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