Vitalization of E-Marketplace to Strengthen Trade Between Korea and China in Electronic Commerce

Abstract

A concept, Electronic Commerce, began its existence as computerization and information communication technologies improve rapidly all over the world. Since many business transactions are performed on the Internet, rapid transactions could be performed with no time and space limitations. Electronic commerce among enterprises could make purchasing cost low, make stock management efficient, and make logistics system efficient. First of all, we check three concepts of electronic commerce, mobile commerce, and electronic marketplace. The goal of our research is to understand characteristics of small and medium sized enterprises and problems of e-marketplace, to refer to successful cases of e-marketplace, and to propose solutions to make efficient Korea–China Business-to-Business Trade.