Time is ripe for concieving and building a new category of business firm entirely on the world wide web. Historicaly business may be seen as a process of identifying resources and converting them into economic values. Changing nature of resources have determined the nature of business and kinds of organizations created to conduct business. Discovery of iron created mining enterprises and invention of steam engine created transportation industry and factories.
The floating fund of data on the web respresents the newest of business resources. One can imagine towards creating a new kind of business firm, cyberfirm to be built on these resources
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