Communication, a Stimulating Factor of Productive Activity?

Silvia Elena Iacob () and Mihaela Loredana Badina (Radulescu) ()
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Silvia Elena Iacob: The Bucharest University of Economic Studies, Romania
Mihaela Loredana Badina (Radulescu): “Valahia†University of Targoviste, Romania

Chapter 8 in International Conference Globalization, Innovation and Development. Trends and Prospects (G.I.D.T.P.), 2020, vol. 10, pp 63-69 from Editura Lumen

Abstract: We live in a controversial world, where communication is an essential component of the life we live on. The purpose of the communication act is the transmission of information in order to achieve knowledge and is an essential component of daily life. It can be considered a process by which messages are transferred between multiple participants. The role of communication is also the stimulating factor of modernization and development of production. From the economic point of view, there are at least three ways involved: the access to strategic information, the reorganization of the production conditions and the integration of the company into a complex system of communication systems.

Keywords: communication; efficiency; production; communication system (search for similar items in EconPapers)
JEL-codes: D8 F6 I2 O1 O3 (search for similar items in EconPapers)
Date: 2020
ISBN: 978-1-910129-23-4
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Persistent link: https://EconPapers.repec.org/RePEc:lum:prchap:10-08

DOI: 10.18662/lumproc/gidtp2018/08

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