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Purchasing Management Of Business Services In The Contemporary Knowledge Based Economy

Author

Listed:
  • Corina Pop Sitar

Abstract

Over the last years many countries have turned into real service economies. As a result the strategic importance of purchasing services has increased. This article aims to present the complexity of the process of buying services. The article begins with findings from the literature review regarding the increasing importance of services in the contemporary knowledge based economy. Next, we present the specific characteristics of services which make more difficult the process of buying services. Furthermore, the paper presents the findings from three case studies. At the end of the paper we present the conclusions and the recommandations for managers about how they can improve the purchasing management of services.

Suggested Citation

  • Corina Pop Sitar, 2012. "Purchasing Management Of Business Services In The Contemporary Knowledge Based Economy," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(14), pages 1-26.
    • Handle: RePEc:alu:journl:v:1:y:2012:i:14:p:26
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    References listed on IDEAS

    as
    1. Shelia C. Dow & Peter E. Earl (ed.), 1999. "Economic Organization and Economic Knowledge," Books, Edward Elgar Publishing, number 1401.
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    More about this item

    Keywords

    purchasing management; business services; knowledge based economy;
    All these keywords.

    JEL classification:

    • L8 - Industrial Organization - - Industry Studies: Services
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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