It is too soon, i.e. fundamentally we know too little, to discuss fully design strategies and their particular advantages as they may pertain to virtual enterprises. Therefore, it appears for now to be more meaningful to highlight characteristics and fundamental design principles of virtual enterprises. They conclude that the virtues of being virtual have been oversold. This organizational form, however, also has its limits stemming from the technical infrastructure. There are also boundaries and limitations imposed on institutions by human behavioral patterns, e.g., bounded rationality or opportunism.
Human beings have only limited capacity to process information.
We try to compensate for this through the use of information systems. It follows that, therefore, costs for economic transactions are reduced. The actual limits of appropriate dynamic technical arrangements are no longer generated by the cost for such arrangements, but by the quality of the electronically available information. The practicality of virtual organizations depends on the willingness to provide information and also on the readiness to use available information. Opportunistic human behavior, in the sense of pursuing self-interests at another person's expense, causes risks.