@article{1874080420051101, title = {Rule of Law AND THE INTERNATIONAL DIFFUSION OF E-COMMERCE.}, author = {Chuan-Fong Shih and Jason Dedrick and Kenneth L. Kraemer}, journal = {Communications of the ACM}, number = {11}, pages = {p57 - 62}, url = {http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=18740804&loginpage=Login.asp&site=ehost-live}, volume = {48}, year = {20051101}, biburl = {http://www.bibsonomy.org/bibtex/2bb2e5fd9ba1623d95492955f87b4e380/free2fail}, abstract = {The article focuses on the growth opportunities for e-commerce. E-commerce has gone through a cycle of hype and disappointment and renewed hope in the public eye since the late 1990s. While the Internet and e-commerce first gained wide adoption in the U.S., the impacts have been felt around the world. E-commerce outside the U.S. grew from $196 billion in 2000 to $1,584 billion in 2004 and the U.S. share of global e-commerce dropped from 45% to 38%. However, the level of e-commerce adoption has varied significantly from country to country. In the case of e-commerce, the importance of the rule of law is magnified by the special risks associated with online transactions. Buyers do not know if they will receive the goods they pay for, or if their credit card number or other information is being collected for fraudulent purposes. Buyers also do not have a physical location to return defective goods or even to speak to someone in person if there is a problem. Sellers can also be defrauded b}, issn = {00010782}, keywords = {LawOfRule caseSTUDY china e-commerce } }