Title | Critical determinants for electronic market adoption Evidence from Australian small- and medium-sized enterprises |
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ID_Doc | 70880 |
Authors | Deng, HP; Duan, SX; Luo, F |
Title | Critical determinants for electronic market adoption Evidence from Australian small- and medium-sized enterprises |
Year | 2020 |
Published | Journal Of Enterprise Information Management, 33.0, 2 |
Abstract | Purpose Understanding the critical determinants for the adoption of electronic markets (e-markets) is significant for the development of sustainable electronic business. The purpose of this paper is to investigate the critical determinants for the adoption of e-markets in Australian small- and medium-sized enterprises (SMEs) for electronic business. Design/methodology/approach A comprehensive review of the related studies is conducted. That leads to the development of a conceptual model for exploring the critical determinants for the adoption of e-markets in Australian SMEs. Such a model is then tested and validated using structural equation modelling on the survey data collected, leading to the identification of the critical determinants for e-market adoption in Australian SMEs. Findings The study reveals that perceived direct benefit, perceived trust, top management support and external pressures are critical for the adoption of e-markets in Australian SMEs. Perceived indirect benefit and organization readiness are insignificant for the adoption of e-markets. Originality/value This paper contributes to existing electronic business research by enriching the understanding of the critical determinants for the adoption of e-markets in Australian SMEs. Such a study provides government departments, e-market operators and SMEs with practical guidelines for the better use of e-markets in electronic business. |