Web as a business Platform

Time is ripe for conceiving and building a new category of business firm entirely on the world wide web. Historically business may be seen as a process of identifying resources and converting them into economic values. Changing nature of resources have determined the path and progress 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 invention of printing machine heralded publishing industry;invention of microprocessor led to computing industry and so on

The floating fund of data on the web represents the newest of business resources. One can imagine towards creating a new kind of business firm, cyberfirm to be built on these resources