Evolving virtue

Abstract

One of the most attractive aspects of virtual enterprises is their agility: the inherent ability to adapt and evolve in response to changing market conditions. Evolving VirtuE is a formal framework within which such agility can be realized. Through the concepts of enterprise time, activity logging, and log mining, the recent behavior and performance of an enterprise may be studied, and corresponding evolutionary steps can be induced. These steps may be intended to benefit the operation of individual enterprise members, as well the enterprise as a whole. In addition, we examine enterprise creation, a period of rapid evolution that concludes when the enterprise reaches stability and begins transacting its business activities. © 2007 Springer Science+Business Media, LLC.