The new services economy and the role of service innovation rubalcaba l 2007 the new services economy challenges and policy implications for europe edward elgar rubalcaba l eds 1999 business services in european industry growth employment and competitiveness european commission brussels. Innovation in the service economy the new wealth of nations able to benefit from challenges by the new economy of services and innovation on the quality of services they can use service . Innovation systems with the prime objective of generating knowledge of services roles in economic growth and development in advanced economies the program areas has as its objective to generate knowledge of and contribute to an enhanced understanding of innovation and economic change in a service economy and to facilitate use of this . The chapter discusses the interaction between internationalization and innovation these are processes that can enforce each other over time the new service economy challenges and policy implications for europe cheltenham edward elgar internationalization as innovation driver in services in toivonen m eds service innovation . Analyze the causes of the shift towards services and its impact on economic growth using korean time series data and international panel data which consists of the data of 9 oecd countries including korea for the period 19812003 lastly in chapter v some policy implications are drawn out to transform the service sector into a new engine
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