CONTRIBUTIONS TO THE DEVELOPMENT OF INTELLIGENT TRANSPORT SYSTEMS AS AN INTEGRATED PART OF THE ECONOMIC SYSTEM

Antoniu Ovidiu Balint (), Otilia Stefania Balint () and Andrei Mihai Cristea ()
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Antoniu Ovidiu Balint: The Bucharest University of Economic Studies, Bucharest, Romania
Otilia Stefania Balint: National School of Political Science and Public Administration, Bucharest, Romania
Andrei Mihai Cristea: Hyperion University from Bucharest, Bucharest, Romania

HOLISTICA Journal of Business and Public Administration, 2012, vol. 3, issue 2, 50-56

Abstract: For the development of a successful and modern economy, transport companies must be able to ensure a fluent and efficient transport mode for goods and persons. Failure to comply with these requirements constitutes a threat to competitiveness and also reflects the unsustainable use of the transport infrastructure. The importance of developing new Intelligent Transport Systems (ITS) is essential for the growth and evolution of the economy because companies from around the world have to transfer goods between them, communicate and establish new connections. The central theme of this paper is represented by the fact that Intelligent Transport Systems are indispensable for companies that provide services, goods and support for people worldwide. The extension and development of new Intelligent Transport Systems can represent a solution o improving and enhancing the actual economic environment. The function of ITS determines the efficiency of companies.

Keywords: Intelligent Transport Systems; development; transportation networks (search for similar items in EconPapers)
JEL-codes: L91 M16 O18 P51 Q57 (search for similar items in EconPapers)
Date: 2012
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