Designing an e-marketplace prototype for wood-based product industry in Malaysia: A concept that fits reality

Rapid growth and expansion of information and communication technology (ICT) have set the pace for an electronic revolution leading to adoption of e-marketplace within the small and medium enterprises (SMEs). The advent of Internet offer many business firms new opportunities and benefits. Thus ICT promises to even further bolster the SMEs’ position as the engine of growth for the Malaysia economy. However, there are various challenges and issues in setting up an e-marketplace in developing countries which appear to impede the growth of e-marketplace. We discuss the realities of electronic marketplaces for developing countries and illustrate the concept by designing an e-marketplace prototype to facilitate trade in wood-based products of Malaysia. Social and technical issues are highlighted and future directions are recommended.

[1]  Craig Standing,et al.  Journal of Enterprise Information Management Emerald Article : Benefits and barriers of electronic marketplace participation : an SME perspective , 2022 .

[2]  Husnayati Hussin,et al.  INNOVATING BUSINESS THROUGH E-COMMERCE : EXPLORING THE WILLINGNESS OF MALAYSIAN SMEs , 2005 .

[3]  Mahesha Kapurubandara A model for adoption of ICT and e-commerce in the developing countries : a pilot study of SMEs in Sri Lanka , 2006 .

[4]  Ruey-Lin Hsiao,et al.  Technology fears: distrust and cultural persistence in electronic marketplace adoption , 2003, J. Strateg. Inf. Syst..

[5]  N. Tregurtha,et al.  B2B E-Commerce and the South African Horticultural Export Industry: current status and future directions. , 2002 .

[6]  George D. Stamoulis,et al.  An E-marketplace for Auctions and Negotiations in the Constructions Sector , 2004, CoopIS/DOA/ODBASE.

[7]  Dien D. Phan E-business development for competitive advantages: a case study , 2003, Inf. Manag..

[8]  Olusegun Folorunso,et al.  An Agent-based Model for Agriculture E-commerce System , 2006 .

[9]  A. Khatibi,et al.  E-commerce in Malaysia: Perceived Benefits and Barriers , 2003 .

[10]  D. Paré B2B E-commerce Services and Developing Countries: Disentangling Myth from Reality. , 2002 .

[11]  R. Mansell,et al.  Business-to-business e-commerce and access to global markets: exclusive or inclusive outcomes? , 2002 .

[12]  Thuong T. Le,et al.  A Managerial Perspective on Electronic Commerce Development in Malaysia , 2002, Electron. Commer. Res..

[13]  D. Mcintosh,et al.  An Exploratory Study Of Barriers To Electronic Marketplace Adoption , 2005 .

[14]  Ho Geun Lee,et al.  AUCNET: Electronic Intermediary for Used-Car Transactions , 1997, Electron. Mark..

[15]  R. Dholakia,et al.  Factors Impacting the Adoption of the Internet among SMEs , 2004 .