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Requirements Specific To The New Economy, As A Prerequisite For A New Approach Of The Offeror – Receiver Relationship

Author

Listed:
  • MARIA BARABAS

    (WEST UNIVERSITY OF TIMISOARA, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION)

  • CLAUDIA BITEA(CIOBANU)

    (WEST UNIVERSITY OF TIMISOARA, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION)

Abstract

This paper puts forth certain delimitation of the New Economy and, at the same time, focuses on the realistic description of all forms of cooperation that may exist in the goods and services area. The paper starts with a detailed clarification of the elements that define and that are related to the New Economy phrase. Following a brief description of several basic aspects of the New Economy, the paper examines the forms of cooperation operating at the level of both the enterprise and the service supply sector. Several relationships existing among the factors that provide a proper cooperation between the offeror and the receiver are also analyzed. The economic approach assumes the existence of a market even where the services are not directly paid by the beneficiaries. Give the fact that the actions of each and every offerror are duly regulated by the market through the law of supply and demand, we can therefore state and acknowledge that on a free market, the individual elements become mutually susceptible and comparable, the freedom to choose one of these elements being always limited by the others’ actions.

Suggested Citation

  • Maria Barabas & Claudia Bitea(Ciobanu), 2017. "Requirements Specific To The New Economy, As A Prerequisite For A New Approach Of The Offeror – Receiver Relationship," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 140-146, August.
  • Handle: RePEc:cbu:jrnlec:y:2017:v:4:p:140-146
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    References listed on IDEAS

    as
    1. Alexander Dolgin, 2012. "Manifesto of the New Economy," Springer Books, Springer, number 978-3-642-21277-2, December.
    2. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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