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114 Hes, T.; Srnec, K.; Drašarová, M. [15]. Zeller, M.; Lapenu, C.; Greely, M. (2003) Social Performance Indicators Initiative (SPI) Final Report, Universityof Göttingen, Institute of Rural Development, p.3 [16]. Eurosif European SRI (2010) Eurosif, Paris [17]. (2010) CGAP MIV survey, Washington BIOGRAPHICAL NOTES: • Dipl. Kfm. Tomáš Hes, PhD. student, is a Czech economist focused on microfinance, graduated in IHI Zittau, Germany. His career entails work in banking, microfinance and education NGOs in Brazil, Germany, Czech Republic, Romania and Mexico, where he worked in several MFIs and MIVs. Currently, he pursues the build-up of myELEN.com, Czech peer to peer on-line lending platform. • Doc.Ing. Karel Srnec, PhD., is a Czech specialist focused on microfinance, graduated in Czech University of Life Sciences in Prague. Currently, Mr. Srnec researches and teaches banking, finance and microfinance on the Institute of Tropics and Subtropics, being member of the board, with experience spanning from agricultural development, Middle East and Africa focused consulting, banking as well as membership in the Czech-Israel chamber of commerce. • Ing. Martina Drašarová, PhD. student at the Institute of Tropics and Subtropics (ITS) in Prague, focuses on the sustainability and improvements relating to the poverty alleviation through the financial systems, acquired her bachelor degree at the University of Hradec Králové and received scholarships at the University of Dong Hwa in Taiwan and University of Hull in England. Currently teaches at University of Life Sciences and undertakes investigation of microfinance markets in Mexico.
Annals of the University of Petroşani, Economics, 11(1), 2011, 115-120 115 TRUST IN B2B E-MARKETPLACES SEBASTIAN KOT, JANUSZ K. GRABARA, MIHAELA SANDU, MARCELA MIHĂILESCU * ABSTRACT: The paper presents background of B2B exchanges and review of their forms and functionalities. The benefits and fails reasons are noticed. European enterprises interest in B2B trade is next aspect of consideration. Finally, the trust barriers of B2B exchanges are presented. KEY WORDS: business-to-business; e-marketplace; online purchasing. JEL CLASSIFICATION: D85, L14. 1. INTRODUCTION It is in the business-to-business (B2B) domain that the real e-commerce revolution is happening – in contrast with the business-to-consumer (B2C) domain that may follow a more evolutionary path. B2B is the core of the e-market – the most important in economic terms, with more than 80% of total ecommerce activities. It is the fastest growing and most rapidly evolving area of e-commerce. Business-to-Business (B2B) exchanges are electronic marketplaces in the Internet where suppliers and buyers interact to conduct transactions. B2B marketplaces can be defined as a World Wide Web site where goods and services can be bought from a wide range of suppliers 1 . Stockdale and Standing defined an e-marketplace as a neutral web-based location where businesses can conduct buying and selling transactions for goods or services. Buyers looked to e-marketplaces for more favorable pricing, improved * Prof. Ph.D., Czestochowa University of Technology, Poland, sebacat@zim.pcz.czest.pl Prof. Ph.D., Czestochowa University of Technology, Poland, grabara@zim.pcz.pl Ph.D. Student, “Lucian Blaga” University of Sibiu, Romania “Lucian Blaga” University of Sibiu, Romania 1 Ramsdell G.: The real business of B2B, The McKinsey Quarterly, No. 3, 2000, pp.175-6.
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