
Global E-commerce 265
KEY TERMS
Technology, Invention, Innovation, Patent, National innovation system, Patent right, International
technology transfer, Electronic commerce, E-business, Business-to-business e-commerce, Business-
to-consumer e-commerce, Consumer-to-consumer e-commerce, Consumer-to-business transactions,
M-commerce.
DISCUSSION QUESTIONS
1. What is e-commerce? Distinguish between e-commerce and e-business.
2. Enumerate the advantages and disadvantages of e-commerce for an international business.
3. List some of the factors that pose a challenge to global e-commerce activity in the global economy.
4. List and explain with ...