Abstract
This paper is included in the First Monday Special Issue: Commercial Applications of the Internet, published in July 2006. For author reflections on this paper, visit the Special Issue. This paper attempts to clarify terminology discussing the interface between commerce and the Internet. It is also an empirically derived classification system or taxonomy of existing Internet business models. This taxonomy has two main branches - transplanted real-world business models and native Internet business models. The latter part of the paper discusses the role of business, governments, regulation and ideology in the development of I-Commerce and makes some cautious speculations regarding its future.
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