Negotiation Support Systems and Teams in VO

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Author(s): Xiaojia Guo (National University of Singapore, Singapore)and John Lim (National University of Singapore, Singapore)
Copyright: 2008
Pages: 6
Source title: Encyclopedia of Networked and Virtual Organizations
Source Author(s)/Editor(s): Goran D. Putnik (University of Minho, Portugal)and Maria Manuela Cruz-Cunha (Polytechnic Institute of Cavado and Ave, Portugal)
DOI: 10.4018/978-1-59904-885-7.ch131

Keywords: Information Science Reference / Media & Communications / Social Computing / Virtual Communities & Virtual Reality

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Abstract

Virtual organizations (VO) have become a reality in response to the rapidly changing demands of today’s business environment characterized by globalization and market competitiveness. VO have often been considered a subset of the much older research area of networked organizations. There are almost as many definitions of VO as there are researchers. However, we find Bultje and van Vijk’s (1998) definition to be encompassing, which highlights the business orientation of VO. According to them, a virtual organization is primarily a network of independent, geographically dispersed organizations with a partial mission overlap, within which all partners provide their own core competencies to deliver innovative and strongly customer-based products and services.

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