Virtual team working: Current issues and directions for the future

Abstract

Value networks underpinned by global and localised virtual teams are believed to have high potential for SMEs. Yet, the successful migration to value-added alliances is blended in the right combination of organizational, legal, economic, socio-cultural, and technical factors, and requires further research into innovative business models. These models should leverage existing SME competences and transcend existing virtual collaboration barriers and limitations. Grounded in state-of-the-art literature, the paper identifies current insight for the deficient research in virtual teams and presents them in the form of open research questions. © 2008 International Federation for Information Processing.