<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The development of a service economy and the more and more noticeable phenomenon of servicization have become inseparable elements in the evolution of the modern economy. The goal of this paper is to analyse the impact of servicization on selected economies, both in terms of GDP and employment structure, as well as on changes in foreign trade. The secondary, but still important aim is to examine the relationship between servicization and innovation processes. Based on the conducted research, it can be stated that the process of servicization occurs in both developed post-industrial economies and increasingly often in developing countries. Moreover, the analysis of the relationship between the general level of innovation in the economy and the degree of its servicization, showed that in many countries higher innovation is often associated with a stronger role of the service sector in the economy. The dynamics of structural change taking place in the “deagrarianization-deindustrialization-servicization” chain is therefore substantially influenced by technological progress.</p></abstract>

The development of a service economy and the more and more noticeable phenomenon of servicization have become inseparable elements in the evolution of the modern economy. The goal of this paper is to analyse the impact of servicization on selected economies, both in terms of GDP and employment structure, as well as on changes in foreign trade. The secondary, but still important aim is to examine the relationship between servicization and innovation processes. Based on the conducted research, it can be stated that the process of servicization occurs in both developed post-industrial economies and increasingly often in developing countries. Moreover, the analysis of the relationship between the general level of innovation in the economy and the degree of its servicization, showed that in many countries higher innovation is often associated with a stronger role of the service sector in the economy. The dynamics of structural change taking place in the “deagrarianization-deindustrialization-servicization” chain is therefore substantially influenced by technological progress.

The Changing Role of the Service Sector in an Innovation-Oriented Economy

University of Szczecin, Faculty of Economics and Management, Institute of Economics, Mickiewicza 64, 71-101 Szczecin,

Folia Oeconomica Stetinensia

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"The Changing Role of the Service Sector in an Innovation-Oriented Economy"}

The development of a service economy and the more and more noticeable phenomenon of servicization have become inseparable elements in the evolution of the...

The Changing Role of the Service Sector in an Innovation-Oriented Economy

Published Online: Apr 04, 2017

Page range: 175 - 190

Received: Jan 28, 2016

Accepted: Oct 06, 2016

DOI: https://doi.org/10.1515/foli-2016-0033

Keywords
servicization, innovation process, service sector role

© 2016 University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The Changing Role of the Service Sector in an Innovation-Oriented Economy

Published Online: Apr 04, 2017

Page range: 175 - 190

Received: Jan 28, 2016

Accepted: Oct 06, 2016

DOI: https://doi.org/10.1515/foli-2016-0033

Keywordsservicization, innovation process, service sector role

© 2016 University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
servicization, innovation process, service sector role