Virtual enterprise, a basic component in an integrated economy

Stefan Ragalie and Irina Ioana Sandu
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Stefan Ragalie: Centre for Industrial Economics and Services, Romanian Academy, Bucharest
Irina Ioana Sandu: Centre for Industrial Economics and Services, Romanian Academy, Bucharest

Revista de Economie Industriala (Journal of Industrial Eonomics), 2006, vol. 4, issue 3, 6

Abstract: At present, in the period of World Economy Globalization and Information Society's Consolidation, we meet new paradigms, which will govern the development of the New Economy. These paradigms define that knowledge-based economy, and also the virtual organization of the industrial enterprises. In order to remain competitive and consolidate their position on the market, the enterprises were forced to adapt their strategy to the new organizational and functional skills by using the support of high-information's technology. Following this development strategy, we meet new co-operation examples between enterprises, by developing some common informational and communicational substructures. In the frame of this new organizational development, the economic agents are operating together in both horizontal and vertical ways, like an unitary and independent company, in the view of achieving, with minimal loss, the products requested on market. Within these virtual enterprises, the relationships are especially based on mutual trust, as a consequence of loosing their physical and legal frame. These are the issues we intend to discuss about, during this conference, focusing our attention on the new co-operation context which would allow the decreasing of the market products' costs.

Date: 2006
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