History
The world's economy is shifting rapidly from agriculture and manufacturing to services. When the United States declared independence, 90% of the world's economy was on the farm. Today, the services sector accounts for approximately 80% of the U.S. economy. But unlike traditional disciplines like computer science and engineering, innovation and investment directed towards service innovation had historically not kept pace with its growth.
However, in 2007, momentum and investment in service innovation grew dramatically and the creation and evolution of service networks began in earnest along with many other service initiatives.
Read more about this topic: Service Network
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