The Premises And The Evolution Of Electronic Commerce

Abstract

Inevitably, the boom in technology and informational technology have had an impact on the business world since the late '80s, when the Internet began to penetrate the lives of millions of users around the globe. Currently, concepts such as e-business or e-commerce have found their place and applicability inside the global economy with ease, knowing it promoted models exhibiting an accelerated rate of development, well above the usual average growing rate of the traditional economy. Although the industry (especially the American one) saw a critical moment in the early 2000s, the obstacles have been overcome, confirming a continuous rise of electronic commerce in the last twenty years. The purpose of this article is to highlight some of the characteristics of electronic commerce, the global implementation stage, reviewing in the process the main steps taken in this area up to the present and last but not least to identify possible development trends for the future.

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