електронний бізнес

Modern trends of globalization and the development of the world economy convincingly testify the need to rethink the ways and models of doing business under the influence of IT systems and technologies. This opens new prospects for business. The Internet has become a modern space for conducting business, which significantly expands the possibilities of displaying the real economy in the virtual global world. The consequence of the above-mentioned processes is the development of such an economic and legal phenomenon as electronic business.

The article is dedicated to features of the electronic business definition. Any types of interactions between electronic market subjects with modern information technologies usage form a multicomponent concept of “electronic business”. The main purpose of this interaction is to generate revenue through the digital capabilities of the network. Electronic business should be considered as an entrepreneurial activity using modern information and communication technologies for profit.

This paper concerns itself with innovative development in the field of electronic business and commerce, elaborating on theoretical concepts and their specific application. main factors influencing new developments in electronic commerce are defined. Proposed innovative development approches are based on analysis of domestic and foreign electronic commerce best practices. Specific proposals are put forth to improve managerial decision-making effectiveness pertaining to general oversight and human resource management.