By Christos J. Georgiou, Petros S. Stefaneas
Communications of the ACM,
April 2002,
Vol. 45 No. 4, Pages 145-151
10.1145/505248.506003
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In recent years, many organizations have recognized the potential of e-commerce to improve profitability by increasing productivity and market penetration while reducing costs. But the vision of an electronically interconnected world requires the global adoption of e-commerce, not just in industrialized nations, but also in developing ones, where most of world's population lives. To successfully encourage the embrace of the Internet and e-commerce, one must carefully study the unique socioeconomic and cultural aspects of such nations. This article discusses ways to stimulate the worldwide adoption of e-commerce, based on our case study of Greece, a nation that has been slow to embrace Internet technologies.
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