e-Extinction: an illusion of knowledge, the presence of ignorance, or evolutionary fate?

Jones, Colin & Hecker, Rob (2003) e-Extinction: an illusion of knowledge, the presence of ignorance, or evolutionary fate? Journal of Enterprising Culture, 11(4), pp. 359-378.

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At present, the rate of small firm adoption of the Internet's ubiquitous World Wide Web (the web) far exceeds the actual exploitation its commercial potential. An inability to strategically acquire, comprehend and use external knowledge is proposed as a major barrier to optimal exploitation of the Internet. This paper discusses the limitations of applying market orientation theory to explain and guide small firm exploitation of the web. Absorptive capacity is introduced as an alternative theory that when viewed from an evolutionary perspective provides potentially more insightful discussion. An inability to detect emerging business model dominant designs is suggested to be a mixture of the nature of the technology that supports the Internet and underdeveloped small firm knowledge processing capabilities. We conclude with consideration of the practical and theoretical implications that arise from the paper.

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ID Code: 92863
Item Type: Journal Article
Refereed: Yes
Additional Information: Copyright 2003 World Scientific Publishing Company. Reproduced in accordance with the publishers policy. Electronic version of an article published as Journal of Enterprising Culture, 11 (4). pp. 359-378. DOI:10.1142/S0218495803000123. The definitive published version is available online at: http://www.worldscinet.com/jec/jec.shtml
Keywords: Small Firms, Market Orientation, Absorptive Capacity, Evolutionary Theory, The Internet
DOI: 10.1142/S0218495803000123
ISSN: 0218-4958
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Small Business Management (150314)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Deposited On: 15 Feb 2016 01:16
Last Modified: 15 Feb 2016 01:16

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