A virtual enterprise (VE) is a temporary alliance of businesses that come together to share skills or core and resources in order to better respond to business opportunities, and whose cooperation is supported by computer networks.
It is a manifestation of distributed collaborative networks. A virtual enterprise is a particular case of virtual organization.
Virtual enterprises have become increasingly common in the area of research and development, with often far-flung organizations forming alliances that amount to a "Virtual Research Laboratory." Vassiliou (2007) outlined a broad continuum of possible virtual laboratory relationships, ranging from relatively simple outsourcing by a central organization to tightly knit consortia of collaborating entities.
Read more about Virtual Enterprise: Definitions, Characteristics, Projects, Communities, CNO Life Cycle
Famous quotes containing the words virtual and/or enterprise:
“Tragedy dramatizes human life as potentiality and fulfillment. Its virtual future, or Destiny, is therefore quite different from that created in comedy. Comic Destiny is Fortune—what the world will bring, and the man will take or miss, encounter or escape; tragic Destiny is what the man brings, and the world will demand of him. That is his Fate.”
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