A knowledge network approach for implementing active virtual marketplaces

Minsoo Lee, Stanley Y.W. Su, Herman Lam

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review


The current Web technology is not suitable for representing knowledge nor sharing it among organizations over the Web. There is a rapidly increasing need for exchanging and linking knowledge over the Web, especially when several sellers and buyers come together on the Web to form a virtual marketplace. Virtual marketplaces are increasingly being required to become more intelligent and active, thus leading to an active virtual marketplace concept. This paper explains an infrastructure called the knowledge network that enables sharing of knowledge over the Web and thus effectively supports the formation of virtual marketplaces on the Web. The concept of an active virtual marketplace can be realized using this infrastructure by allowing buyers and sellers to effectively specify their knowledge in the form of events, triggers, and rules. The knowledge network can actively distribute and process these knowledge elements to help buyers and sellers to easily find each other. An example active virtual marketplace application has been developed using the knowledge network.

Original languageEnglish
Title of host publicationJournal on Data Semantics II
PublisherSpringer Verlag
Number of pages23
ISBN (Print)3540242082, 9783540242086
StatePublished - 2005

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume3360 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349


  • Knowledge network
  • Virtual marketplace


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