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Market of Resources: Supporting Technologies

Market of Resources: Supporting Technologies

Maria Manuela Cunha, Goran D. Putnik, Jaoquim P. Silva
Copyright: © 2008 |Pages: 7
ISBN13: 9781599048857|ISBN10: 159904885X|EISBN13: 9781599048864
DOI: 10.4018/978-1-59904-885-7.ch119
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MLA

Cunha, Maria Manuela, et al. "Market of Resources: Supporting Technologies." Encyclopedia of Networked and Virtual Organizations, edited by Goran D. Putnik and Maria Manuela Cruz-Cunha, IGI Global, 2008, pp. 906-912. https://doi.org/10.4018/978-1-59904-885-7.ch119

APA

Cunha, M. M., Putnik, G. D., & Silva, J. P. (2008). Market of Resources: Supporting Technologies. In G. Putnik & M. Cruz-Cunha (Eds.), Encyclopedia of Networked and Virtual Organizations (pp. 906-912). IGI Global. https://doi.org/10.4018/978-1-59904-885-7.ch119

Chicago

Cunha, Maria Manuela, Goran D. Putnik, and Jaoquim P. Silva. "Market of Resources: Supporting Technologies." In Encyclopedia of Networked and Virtual Organizations, edited by Goran D. Putnik and Maria Manuela Cruz-Cunha, 906-912. Hershey, PA: IGI Global, 2008. https://doi.org/10.4018/978-1-59904-885-7.ch119

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Abstract

The implementation of an organizational model characterized by very high interorganizational dynamics, such as the virtual enterprise (VE) model, presents several requirements in order to keep the VE partnership aligned with the market, that is, with business (Cunha & Putnik, 2005a, 2005c, 2006b). Such requirements include (1) the reduction of reconfiguration costs and effort and (2) the capability to preserve the firms’ private knowledge on products or processes (Cunha & Putnik, 2006c). These must be assured by a specific environment, or, in other words, by organizational infrastructures such as a meta-organizational structure for VE design (or integration) and operation, such as the market of resources—an environment developed by the authors to cope with the highlighted requirements, assuring better performance than the traditional environments such as Internet search engines or electronic marketplaces (Cunha & Putnik, 2005c; Cunha, Putnik, Gunasekaran, & Ávila, 2005a). However, VE formation, integration, and operation rely on the existence of an adequate platform of information and communication technologies (Cunha & Putnik, 2003; Cunha, Putnik, & Silva, 2005b). The environment for creation, integration, operation, reconfiguration, and dissolution can be implemented under the format of a market of resources, an entity conceived to cover the whole VE life cycle (Cunha, Putnik, & Ávila, 2004). The market of resources, its characteristics, operation, and functionalities, is specifically addressed in a different article in this encyclopedia.

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