An Analysis of Plug and Play Business Software

The ability to realize the potential of innovations is important for societies to be successful. The core of the concept of Plug and Play Business is an integrated set of ICT-tools that support innovators in turning their ideas into businesses by forming virtual enterprises for inter-organizational and interoperable collaboration. In this paper, we analyze the concept of Plug and Play Business and present a formalization of relevant aspects, such as the different tasks involved in virtual enterprise formation and collaboration. We explore the functional requirements of Plug and Play Business software, and make an assessment of the usefulness of existing technologies for its implementation.