Electronic Business and Education

In this chapter, we present the basic concepts of electronic business in general and in the context of educational settings. Individuals and organizations entering Electronic Education Markets must perform a careful analysis of needs, requirements, and potential benefits. We identify critical success factors and decision criteria for such projects. From a technological perspective, the main success factor is the interoperability of Electronic Markets and the participants’ systems. We provide a solution using XML-based standard specifications for trade processes and educational processes. The proposed architecture ensures the interchange of data and processes on Electronic Education Markets resulting in a framework for future developments.