Factors that influence e - business expansion

Nowadays rapid development and expansion of information technologies are changing the ways and understanding of business. New information technologies solutions are implemented in business everyday worldwide. Lithuania is also actively taking part in these processes. However there are some factors which make this expansion insufficient, these are deficient level of knowledge in IT sphere and incomplete and uncoordinated juridical basis. In this paper work analysis is made on processes related with development and application of e-business in EU and in Lithuania. Object of this research is market of e-business and juridical basis thta regulate this particular market. Target of this research is to analyse e-business market and juridical basis in the context of foreign countries. Main objectives are: review e-business peculiarities in the context of information technologies worldwide; analyse how compatibility of demand and supply in the market influence e-business expansion; introduce the analysis e-business regulating law documents; compare e-business juridical basis with foreign juridical basis. Using different scientific resources and document analysis there was made a conclusion that e-business expansion in Lithuania is impeded by insufficient communication opportunity, authenticity of electronical procedures, unidentified consumers‘ rights in regulation of e-business, unsecured integrity and data security questions. Juridical basis in Lithuania also has deprivation in order to develop e-business (e-document is not valid, registration and supervision of e-signature procedures are not proven yet end etc.) However in this paper work is stated that e-business expansion will be initiated by implementation of e-government conception: demand of electronical services will increase – amount of internet users will increase, they will be able to get willing services on the internet, they will be interesred in new and modern services. After analysing input into e-business opportunity of lithuanian and foreign authors, the conclusion was stated that it still needs to be improved and in the future theoretical studies will induce modern knowledge in e-business practice