Skip to main content
Log in

Entrepreneurial intervention in electronic markets: the influence of customer participation

  • Published:
International Entrepreneurship and Management Journal Aims and scope Submit manuscript

    We’re sorry, something doesn't seem to be working properly.

    Please try refreshing the page. If that doesn't work, please contact support so we can address the problem.

Abstract

In electronic markets, web 2.0 is emerging in a disruptive way. In this work we conceptualize web 2.0, identifying all its functionalities and firm applications. We describe technological and social changes that should brought in the firm to take benefit of the advantages of the web 2.0, as well as its relationship with knowledge management. We explain how knowledge transfer in the firm can create value through web 2.0 applications. Finally we develop a model who relates the web 2.0 and its potential to create value in the firm, adapting Amit and Zott (Strategic Management Journal 22: 493–520, 2001)’s dimensions to the web 2.0 particular case.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Similar content being viewed by others

References

  • Amit, R., & Zott, C. (2001). Value creation in e-business. Strategic Management Journal, 22(6–7), 493–520.

    Article  Google Scholar 

  • Aragón, A., & Rubio, A. (2005). Factores asociados con el éxito competitivo de las Pyme industriales en España. Universia Business Review, 8, 38–51.

    Google Scholar 

  • Aspara, J., Lamberg, J. A., Laukia, A., & Tikkanen, H. (2011). Strategic management of business model transformation: lessons fromNokia. Management Decision, 49(4), 622–647.

    Article  Google Scholar 

  • Bonner, J. M. (2010). Customer interactivity and new product performance: Moderating effects of product newness and product embeddedness. Industrial Marketing Management, 39(3), 485–492.

    Article  Google Scholar 

  • Borges, M., Hoppen, N., & Luce, F. B. (2009). Information technology impact on market orientation in e-business. Journal of Business Research, 62(9), 883–890.

    Article  Google Scholar 

  • Bughin, J. (2008). The rise of enterprise 2.0. Journal of Direct, Data and Digital Marketing Practice, 9(3), 251–259.

    Article  Google Scholar 

  • Cambra-Fierro, J., Florin, J., Perez, L., & Whitelock, J. (2011). Inter-firm market orientation as antecedent of knowledge transfer, innovation and value creation in networks. Management Decision, 49(3), 444–467.

    Article  Google Scholar 

  • Cegarra-Navarro, J. G., Sánchez-Vidal, M. E., & Cegarra-Leiva, D. (2011). Balancing exploration and exploitation of knowledge through an unlearning context: an empirical investigation in SMEs. Management Decision, 49(7), 1099–1119.

    Article  Google Scholar 

  • Dezdar, S., & Ainin, S. (2010). The influence of organizational factors on successful ERP implementation. Management Decision, 49(6), 911–926.

    Article  Google Scholar 

  • Dinur, A. R. (2011). Common and un-common sense in managerial decision making under task uncertainty. Management Decision, 49(5), 694–709.

    Article  Google Scholar 

  • Fullard, F. (2006). A model to evaluate the effectiveness of enterprise training programmes. The International Entrepreneurship and Management Journal, 3(3), 263–276.

    Article  Google Scholar 

  • Goktan, A. B., & Miles, G. (2011). Innovation speed andradicalness: are they inversely related? Management Decision, 49(4), 533–547.

    Article  Google Scholar 

  • Hanafizadeh, P., Kazazi, A., & Bolhasani, A. J. (2011). Portfoliodesign for investment companies through scenario planning. Management Decision, 49(4), 513–532.

    Google Scholar 

  • Haverila, M. J., Bateman, R. E., & Naumann, E. R. (2011). The drivers of customer satisfaction in strategic consulting engagements: a global study. Management Decision, 49(8).

  • Huarng, K. H., & Yu, T. H. K. (2011). Entrepreneurship, process innovation and value creation by a non-profit SME. Management Decision, 49(2), 284–296.

    Article  Google Scholar 

  • Kathuria, R., & Maheshkumar, J. (2007). Environmental influences on corporate entrepreneurship: executive perspectives on the Internet. The International Entrepreneurship and Management Journal, 3(2), 127–144.

    Article  Google Scholar 

  • Keen, A. (2007). The coult of the amateur. How today’s internet is killing our culture. New York: Double Day.

    Google Scholar 

  • Levy, M. (2009). Web 2.0 implications on knowledge management. Journal of Knowledge Management, 13(1), 120–134.

    Article  Google Scholar 

  • Masurek, G. (2009). Web 2.0 implications on marketing. Management of Organizations: Systematic Research, 51, 69–82.

    Google Scholar 

  • Mcafee, A. (2006). Enterprise 2.0: the dawn of emergent collaboration. MIT Sloan Management Review, 47(3), 21–28.

    Google Scholar 

  • McLean, R., Oliver, P. G., & Wainwright, D. W. (2010). The myths of empowerment through information communication technologies: an exploration of the music industries and fan bases. Management Decision, 48(9), 1365–1377.

    Article  Google Scholar 

  • Metters, R., & Walton, S. (2007). Strategic supply chain choices for multi-channel Internet retailers. Service Business, 1(4), 317–331.

    Article  Google Scholar 

  • Min, S., Song, S., & Keebler, J. S. (2002). An internet-mediated market orientation (IMO): building a theory. Journal of Marketing Theory & Practice, 10(2), 1–12.

    Google Scholar 

  • O’reilly, T. (2005). What is web 2.0 design patterns and business models for the next generation of software. http://www.oreillynet.com/pub/a/oreilly/tim/news/2005/09/30/what-is-web-20.html.

  • Prasad, V. K., Ramamurthy, K., & Naidu, G. M. (2001). The influence of internet-marketing integration on marketing competencies and export performance. Journal of International Marketing, 9(4), 82–110.

    Article  Google Scholar 

  • Reddy, M., & Jansen, B. (2008). A model for understanding collaborative information behaviour in context: a study of two healthcare systems. Information Processing and Management, 44, 256–273.

    Article  Google Scholar 

  • Rezaeenour, J., Mazdeh, M. M., & Hooshmandi, A. (2011). Development and evaluation of a knowledge risk management model for project-based organizations: a multi-stage study. Management Decision, 49(3), 309–329.

    Article  Google Scholar 

  • Riegner, C. (2007). Word of mouth on the web: the impact of web 2.0 on consumer purchase decisions. Journal of Advertising Research, 47(4), 436–447.

    Article  Google Scholar 

  • Rowley, J., Baregheh, A., & Sambrook, S. (2011). Towards aninnovation-type mapping tool. Management Decision, 49(1), 73–86.

    Article  Google Scholar 

  • Schiavone, F. (2011). Strategic reactions to technology competition: a decision-making model. Management Decision, 49(5), 801–809.

    Article  Google Scholar 

  • Schultze, U., & Stabell, Ch. (2004). Knowling what you don’t know? Discourses and contradictions in knowledge management research. Journal of Management Studies, 41(1), 549–573.

    Article  Google Scholar 

  • Sitlington, H., & Marshall, V. (2011). Do downsizing decisions affectorganisational knowledge and performance? Management Decision, 49(1), 116–129.

    Article  Google Scholar 

  • Van Riel, A. C. R., Semeijn, J., Hammedi, W., & Henseler, J. (2011). Technology-based service proposal screening and decision-making effectiveness. Management Decision, 49(5), 762–783.

    Article  Google Scholar 

  • Wang, C. L., Hult, G. T. M., Ketchen, D. J., & Ahmed, P. K. (2009). Knowledge management orientation, market orientation, and firm performance: an integration and empirical examination. Journal of Strategic Marketing, 17(2), 99–122.

    Article  Google Scholar 

  • Weinberger, D. (2007). Everything is miscellaneous. The power of the new digital disorder. New York: Times Books.

    Google Scholar 

  • Zortea-Johnston, E., Darroch, J., & Matear, S. (2011). Business orientations and innovation in small and medium sized enterprises. International Entrepreneurship and Management Journal. doi:10.1007/s11365-011-0170-7.

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to José M. Merigó.

Rights and permissions

Reprints and permissions

About this article

Cite this article

Merigó, J.M., Rocha, C. & Garcia-Agreda, S. Entrepreneurial intervention in electronic markets: the influence of customer participation. Int Entrep Manag J 9, 521–529 (2013). https://doi.org/10.1007/s11365-011-0212-1

Download citation

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s11365-011-0212-1

Keywords

Navigation