Productivity Of Business Services - Towards A New Taxonomy

The sector comprising market-based services in the modern market economies has evolved through series of techno-economic sequences. To date, its growth is being driven by two complementary forces. First, the global and intensified rivalry manifests itself in search for more effective division of labor and outsourcing of auxiliary business services within the manufacturing sector, in particular. With this push effect, there is a growing demand for diverse business services, boosted by increased economic activity and welfare. This pull effect is also concerned with infrastructural services like transportation, communication and banking, as well as increasingly diverse consumer services.