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The Contribution of Business Services to European Economic Growth

In: Business Services in European Economic Growth

Author

Listed:
  • Henk Kox
  • Luis Rubalcaba

Abstract

This chapter analyses the contributions of business services to aggregate economic growth in Europe. The growth of business services represents a qualitatively new stage in the social structure of production. A major characteristic of this structural change is that firm-level scale economies with regard to knowledge and skill inputs are reduced by external deliveries of such inputs, thereby exploiting external scale economies. This combines with an increasingly complex social division of labour between economic sectors. The share of knowledge-intensive services in the intermediate inputs of the total economy has risen sharply over the past decade.

Suggested Citation

  • Henk Kox & Luis Rubalcaba, 2007. "The Contribution of Business Services to European Economic Growth," Palgrave Macmillan Books, in: Luis Rubalcaba & Henk Kox (ed.), Business Services in European Economic Growth, chapter 4, pages 74-94, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-22879-5_5
    DOI: 10.1057/9780230228795_5
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    Citations

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    Cited by:

    1. André Lorentz & Maria Savona, 2009. "Evolutionary micro-dynamics and changes in the economic structure," Springer Books, in: Uwe Cantner & Jean-Luc Gaffard & Lionel Nesta (ed.), Schumpeterian Perspectives on Innovation, Competition and Growth, pages 137-160, Springer.
    2. Adrián Rial & Rafael Fernández, 2023. "Does tertiarisation slow down productivity growth? A Kaldorian–Baumolian analysis across 10 developed economies," Metroeconomica, Wiley Blackwell, vol. 74(1), pages 188-222, February.
    3. Faïz Gallouj & Maria Savona, 2009. "Innovation in services: a review of the debate and a research agenda," Journal of Evolutionary Economics, Springer, vol. 19(2), pages 149-172, April.
    4. Davide Arduini & Antonello Zanfei, 2012. "An overview of existing literature on public e-services," Working Papers 1214, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2012.
    5. Daniel BADULESCU & Ramona SIMUT & Anamaria Diana HERTE, 2018. "Linking Kibs, Entrepreneurial Dynamics And Macroeconomic Developments. Focus On Romania," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1), pages 202-212, November.
    6. Dioni Elche & Davide Consoli & Mabel Sánchez-Barrioluengo, 2021. "From brawn to brains: manufacturing–KIBS interdependency," Regional Studies, Taylor & Francis Journals, vol. 55(7), pages 1282-1298, July.
    7. Satya P. Das & Anuradha Saha, 2015. "Growth of business services: A supply-side hypothesis," Canadian Journal of Economics, Canadian Economics Association, vol. 48(1), pages 83-109, February.
    8. Francesco Bogliacino & Matteo Lucchese & Mario Pianta, 2011. "Job creation in business services:Innovation, Demand, Polarisation," Working Papers 1107, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2011.
    9. Enrico Saltari, 2012. "The role of ICT and Business Services in Italy," Working Papers in Public Economics 152, University of Rome La Sapienza, Department of Economics and Law.
    10. Probert, Jocelyn & Connell, David & Mina, Andrea, 2013. "R&D service firms: The hidden engine of the high-tech economy?," Research Policy, Elsevier, vol. 42(6), pages 1274-1285.
    11. Fabio Bacchini & Giuseppe Busanello & Diego Chianella & Rosmarie D. Cinelli & Roberto Iannaccone & Valeria Quondamstefano, 2015. "Recent developments for quarterly service turnover indices," Rivista di statistica ufficiale, ISTAT - Italian National Institute of Statistics - (Rome, ITALY), vol. 17(1), pages 21-53.
    12. Gabor Oblath & Eva Palocz & David Popper & Akos Valentinyi, 2015. "Economic convergence and structural change in the new member states of the European Union Convergence in volumes, prices and the share of services, with implications for wage convergence: an expenditu," CERS-IE WORKING PAPERS 1544, Institute of Economics, Centre for Economic and Regional Studies.
    13. Dukhabandhu Sahoo, 2012. "Efficiency of the Information and Technology Sector of India and Its Relevance to Indian Economic Growth," Journal of Infrastructure Development, India Development Foundation, vol. 4(1), pages 41-58, June.
    14. Changju Lee & Sunghoon Lee, 2022. "Exploring the Contributions by Transportation Features to Urban Economy: An Experiment of a Scalable Tree-Boosting Algorithm with Big Data," Land, MDPI, vol. 11(4), pages 1-30, April.
    15. Jacques Pelkmans, 2008. "Economic Approaches of the Internal Market," Bruges European Economic Research Papers 13, European Economic Studies Department, College of Europe.
    16. Davide Arduini & Antonello Zanfei, 2011. "What do we know from the literature on public e-services?," Working Papers 1111, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2011.
    17. Saltari, Enrico & Wymer, Clifford R. & Federici, Daniela, 2013. "The impact of ICT and business services on the Italian economy," Structural Change and Economic Dynamics, Elsevier, vol. 25(C), pages 110-118.
    18. Lanaspa, Luis & Sanz-Gracia, Fernando & Vera-Cabello, María, 2016. "The (strong) interdependence between intermediate producer services' attributes and manufacturing location," Economic Modelling, Elsevier, vol. 57(C), pages 1-12.
    19. Orlic, Edvard & Hashi, Iraj & Hisarciklilar, Mehtap, 2018. "Cross sectoral FDI spillovers and their impact on manufacturing productivity," International Business Review, Elsevier, vol. 27(4), pages 777-796.
    20. Malgorzata Juchniewicz, 2021. "Factor Competitiveness of the Technological Advanced Services Sector in the European Union Countries: A Typological Analysis," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 260-273.
    21. Matthias Firgo & Peter Mayerhofer, 2016. "Wissensintensive Unternehmensdienste, Wissens-Spillovers und regionales Wachstum. Teilprojekt 3: Zur Standortstruktur von wissensintensiven Unternehmensdiensten – Fakten, Bestimmungsgründe, regionalpo," WIFO Studies, WIFO, number 59427.

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