Innovation is reshaping the corporate culture of organizations in this present age of competency and service legacy. Innovation in services is getting recognition from the top executives due to its strategic importance and globalizes competition, which has escalated the demand of better change...

The paper presents both the theoretical approaches concerning direct implementation of knowledge management consisting in standards and frameworks, developed by specific standardization organisms and experienced agents in the field and theoretical models concerning the understanding the concept...

The paper present the main orientations identified in the transition process from the traditional economy to the knowledge based economy.