The book discusses the bridge between the "old" and "new" economic worlds. The special focus of the book is on European case studies. The second fully updated and expanded edition continues the concept of the successful first edition: discussions on modern concepts of strategy development, the formation of digital value networks, and the establishment of virtual communities are illustrated through implemented and successful e-business projects. The new edition includes two additional chapters and a new case study on classic topics that are examined from the unique perspective of e-business: business models and logistics. The reader gains direct benefits from the practical examples of these already implemented e-business concepts. The approaches described by successful companies assist in idea generation and design.