Service Network - History

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

Famous quotes containing the word history:

    I cannot be much pleased without an appearance of truth; at least of possibility—I wish the history to be natural though the sentiments are refined; and the characters to be probable, though their behaviour is excelling.
    Frances Burney (1752–1840)

    What would we not give for some great poem to read now, which would be in harmony with the scenery,—for if men read aright, methinks they would never read anything but poems. No history nor philosophy can supply their place.
    Henry David Thoreau (1817–1862)

    There is a constant in the average American imagination and taste, for which the past must be preserved and celebrated in full-scale authentic copy; a philosophy of immortality as duplication. It dominates the relation with the self, with the past, not infrequently with the present, always with History and, even, with the European tradition.
    Umberto Eco (b. 1932)