Value-added ERP information into information goods: An economic analysis

Abstract

E-businesses using enterprise resource planning systems as the information infrastructure generate a tremendous amount of information, including information about customers, suppliers, markets, transaction costs, the prices at which products are bought and sold, and order-fulfillment rates, etc. To turn the information contained in these systems into marketable information goods would be a key to gaining a competitive advantage and optimizing market exchange efficiencies. Treating involved organizations as an end-to-end network and applying an economic analysis, five propositions are developed to capture this value-added process. Conditions for market equilibriums are specified.