Services and Their Role in the National Economy: Notions Transformation

Services are involved in consumer, intermediary and public markets and contain processes of varying complexity, including state transformation of physical objects, people or codified data. So there is quite a wide range of studies that have expressed doubts about the accuracy of the properties trad...

Full description

Bibliographic Details
Main Authors: Alexander P. Latkin, Larisa Krochmal, Juliya Kovshun
Format: Article
Language:English
Published: EconJournals 2016-08-01
Series:International Review of Management and Marketing
Online Access:https://www.econjournals.com/index.php/irmm/article/view/2932
_version_ 1797918298602471424
author Alexander P. Latkin
Larisa Krochmal
Juliya Kovshun
author_facet Alexander P. Latkin
Larisa Krochmal
Juliya Kovshun
author_sort Alexander P. Latkin
collection DOAJ
description Services are involved in consumer, intermediary and public markets and contain processes of varying complexity, including state transformation of physical objects, people or codified data. So there is quite a wide range of studies that have expressed doubts about the accuracy of the properties traditionally attributed to the service. An open dialogue between members of the scientific community, as well as the dialogue of researchers with entrepreneurs becomes the basis for the development of a new paradigm of service. According to the opinion of many authors the service cannot be regarded as a general category, it is time to consider its characteristics which are justified by the practice and differ from the purely theoretical ideas. At the heart of these changes there is an impact of innovations on services development, which forces companies to change the organizational rules, regulations and interaction process within the company and to move to a new “lifestyle”, focusing on consumer preferences. Keywords: service, innovation, consumer preferences, companies, development JEL Classifications: A10, M10, D11
first_indexed 2024-04-10T13:27:15Z
format Article
id doaj.art-c6116e87c9d5484c929b7bb8fbd6a911
institution Directory Open Access Journal
issn 2146-4405
language English
last_indexed 2024-04-10T13:27:15Z
publishDate 2016-08-01
publisher EconJournals
record_format Article
series International Review of Management and Marketing
spelling doaj.art-c6116e87c9d5484c929b7bb8fbd6a9112023-02-15T16:11:49ZengEconJournalsInternational Review of Management and Marketing2146-44052016-08-0166SServices and Their Role in the National Economy: Notions TransformationAlexander P. LatkinLarisa KrochmalJuliya Kovshun Services are involved in consumer, intermediary and public markets and contain processes of varying complexity, including state transformation of physical objects, people or codified data. So there is quite a wide range of studies that have expressed doubts about the accuracy of the properties traditionally attributed to the service. An open dialogue between members of the scientific community, as well as the dialogue of researchers with entrepreneurs becomes the basis for the development of a new paradigm of service. According to the opinion of many authors the service cannot be regarded as a general category, it is time to consider its characteristics which are justified by the practice and differ from the purely theoretical ideas. At the heart of these changes there is an impact of innovations on services development, which forces companies to change the organizational rules, regulations and interaction process within the company and to move to a new “lifestyle”, focusing on consumer preferences. Keywords: service, innovation, consumer preferences, companies, development JEL Classifications: A10, M10, D11 https://www.econjournals.com/index.php/irmm/article/view/2932
spellingShingle Alexander P. Latkin
Larisa Krochmal
Juliya Kovshun
Services and Their Role in the National Economy: Notions Transformation
International Review of Management and Marketing
title Services and Their Role in the National Economy: Notions Transformation
title_full Services and Their Role in the National Economy: Notions Transformation
title_fullStr Services and Their Role in the National Economy: Notions Transformation
title_full_unstemmed Services and Their Role in the National Economy: Notions Transformation
title_short Services and Their Role in the National Economy: Notions Transformation
title_sort services and their role in the national economy notions transformation
url https://www.econjournals.com/index.php/irmm/article/view/2932
work_keys_str_mv AT alexanderplatkin servicesandtheirroleinthenationaleconomynotionstransformation
AT larisakrochmal servicesandtheirroleinthenationaleconomynotionstransformation
AT juliyakovshun servicesandtheirroleinthenationaleconomynotionstransformation