Abstract
This article addresses the role of trust and regulation where small and medium-sized enterprises (SMEs) In the European Union (EU) make use of e-business in a digital business ecosystem (DBE). We argue that In order for digital business to develop among entrepreneurs In the EU and within different industry sectors and geographical locations, trust and regulation are of critical Importance. The article assesses the importance of this argument and focuses on the Interplay of regulatory and trust-based issues that need to be accommodated before one can expect SMEs to engage in e-business supported within a DBE environment. It then presents a taxonomy that addresses key regulatory issues and fosters trust. The article proposes the taxonomy as the vehicle for the simplification of a bewildering array of laws, standards, norms and expectations, as well as for the elimination of regulatory overlap and conflict. The contribution of the taxonomy is demonstrated in the last section of the article, where it is empirically tested and applied to SMEs which participated In the EU-funded DBE project.
Highlights
IntroductionTRUST, REGULATION AND TAXONOMY FOR A DIGITAL BUSINESS ECOSYSTEM IN THE EU
TRUST, REGULATION AND TAXONOMY FOR A DIGITAL BUSINESS ECOSYSTEM IN THE EUPolicy makers in the Commission of the European Union have identified the adoption of new forms of e-commerce and e-business in small and medium sized enterprises (SMEs) as a key priority for fostering innovation and the competitiveness of European SMEs in global markets (EU Commission, 2005)
This paper describes the components for a taxonomy of regulatory issues in digital business ecosystems
Summary
TRUST, REGULATION AND TAXONOMY FOR A DIGITAL BUSINESS ECOSYSTEM IN THE EU. Policy makers in the Commission of the European Union have identified the adoption of new forms of e-commerce and e-business in small and medium sized enterprises (SMEs) as a key priority for fostering innovation and the competitiveness of European SMEs in global markets (EU Commission, 2005). The interviews in Aragon allow the task to approach regulatory issues in accordance with the views of Drivers attempting to boost business within the DBE platform, offering a different perspective of sector-specific and local implementation issues while reflecting, validating and/or updating the generic level taxonomy with the issues. C. Regulatory concerns and legal issues raised by current business practices Open discussion where other legal issues might be raised by the interviewees, such as business competition, conduct and liability rules, intellectual property vs freedom of knowledge, confidentiality/sharing of information, copyright, exploitation rights, digital right management, etc Regulatory concerns and legal issues raised by current business practices Open discussion where other legal issues might be raised by the interviewees, such as business competition, conduct and liability rules, intellectual property vs. freedom of knowledge, confidentiality/sharing of information, copyright, exploitation rights, digital right management, etc.
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