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Services, growth poles and advanced economies

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  • David McKee

Abstract

In the twenty-first century, nearly 70% of new jobs in the US have been in services, matching worldwide expansion of the services sector. This paper discusses the role of services in advanced economies internationally as a vehicle for ongoing growth and prosperity. The discussion will be frames through pole theory. Contributions of private, profit driven service activity is assessed. Services provide stability while contributing to the growth process, and may constitute growth poles on their own as in money markets and insurance. Services facilitate business and business change, both in domestic and international markets. Copyright Springer-Verlag 2008

Suggested Citation

  • David McKee, 2008. "Services, growth poles and advanced economies," Service Business, Springer;Pan-Pacific Business Association, vol. 2(2), pages 99-107, June.
    • Handle: RePEc:spr:svcbiz:v:2:y:2008:i:2:p:99-107
    DOI: 10.1007/s11628-007-0026-y
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    References listed on IDEAS

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    1. Scott, Allen J. (ed.), 2001. "Global City-Regions: Trends, Theory, Policy," OUP Catalogue, Oxford University Press, number 9780198297994, December.
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    Cited by:

    1. Juan Pineiro-Chousa & Marcos Vizcaíno-González & Samuel Ribeiro-Navarrete, 2019. "Using voting decisions to identify shocks in the financial services industry," Service Business, Springer;Pan-Pacific Business Association, vol. 13(2), pages 419-431, June.
    2. Chia-Chi Lee, 2014. "Performance evaluation of CPA firms in Taiwan from the perspective of industry-specific client groups," Service Business, Springer;Pan-Pacific Business Association, vol. 8(2), pages 267-293, June.
    3. Nasir Muhammad Ali & Wu Junjie & Guerrero José Calderón, 2015. "Economic Growth, Exchange Rate and Constrained Competiveness of the Tourism Sector in Andalucía," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 48(1), pages 84-100, December.
    4. Yu-Te Tu & Heng-Chi Chih, 2011. "The Effect of Service Quality, Customer Perceived Value and Satisfaction on Loyalty," Journal of Economics and Behavioral Studies, AMH International, vol. 3(3), pages 198-212.
    5. Luis Miranda-Gumucio & Ignacio Gil-Pechuán & Daniel Palacios-Marqués, 2013. "An exploratory study of the determinants of switching and loyalty in prepaid cell phone users. An application of concept mapping," Service Business, Springer;Pan-Pacific Business Association, vol. 7(4), pages 603-622, December.
    6. Yu-Te Tu & Yu-Yi Chang, 2011. "Relationships among Service Quality, Customer Satisfaction and Customer Loyalty in Chain Restaurant," Information Management and Business Review, AMH International, vol. 3(5), pages 273-282.
    7. Myungsook An & Yonghwi Noh, 2009. "Airline customer satisfaction and loyalty: impact of in-flight service quality," Service Business, Springer;Pan-Pacific Business Association, vol. 3(3), pages 293-307, September.
    8. C. Un & Ana Romero-Martínez & Ángeles Montoro-Sánchez, 2009. "Determinants of R&D collaboration of service firms," Service Business, Springer;Pan-Pacific Business Association, vol. 3(4), pages 373-394, December.
    9. Daniel Palacios & Ignacio Gil & Fernando Garrigos, 2009. "The impact of knowledge management on innovation and entrepreneurship in the biotechnology and telecommunications industries," Small Business Economics, Springer, vol. 32(3), pages 291-301, March.
    10. Ángeles Montoro-Sánchez, 2009. "Competitive dynamics and business models in service business: a promising research subject," Service Business, Springer;Pan-Pacific Business Association, vol. 3(4), pages 311-318, December.
    11. Stefan Meinzer & Johann Prenninger & Patrick Vesel & Johannes Kornhuber & Judith Volmer & Joachim Hornegger & Björn M. Eskofier, 2016. "Translating satisfaction determination from health care to the automotive industry," Service Business, Springer;Pan-Pacific Business Association, vol. 10(4), pages 651-685, December.
    12. Saiful Islam & Laura Márquez-Ramos, 2023. "Services and the internationalization of manufacturing firms in Indonesia," SN Business & Economics, Springer, vol. 3(2), pages 1-18, February.
    13. Yong-Jeong Kim & Sang-Gun Lee & Silvana Trimi, 2021. "Industrial linkage and spillover effects of the logistics service industry: an input–output analysis," Service Business, Springer;Pan-Pacific Business Association, vol. 15(2), pages 231-252, June.

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    Keywords

    Service economics; Pole theory;

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