Law and Economic Aspects of Application Electronic Business in Local Self-Government Units

Abstract

The use of e-business is the result, the application of information communicationtechnologies (ICT) in modern business. A wide array of informationand financial innovations intensifies competition, affects the improvementof business processes in the business environment, in business betweenbusinesses and related institutions and individuals. The use of ICT, as servicesimplemented for better quality electronic services for citizens in the publicsector, especially at the level of local self-government units, increases the qualityof public sector services.The subject of this research is the analysis of characteristics, developmentfactors and economic effects of electronic business in local governmentunits in Bosnia and Herzegovina. The aim of the paper is to point out possibleeconomic benefits, new ways: communication, access to services, education,acceptance of feedback, organization and delivery of information. The paperemphasizes the necessity of innovating and completing the legislation in thisfield. The underlying hypothesis is that e-business in local government unitsis necessary to positively affect the speed and efficiency of operations and thatthe success depends on effective protection of the financial privacy of users.