As they account for the largest share of employment and value added, services do not (or cannot) lie outside a Schumpeterian view of innovation phenomena. Of the various attempts at shedding more light on the mechanisms of innovation in service industries and firms, we consider the “reverse product cycle” to warrant special attention because of its highly thought-provoking nature and its th…
This paper focuses on the international advanced logistics perspective in the global economy. The early 1980s could be referred to as the turning point for the world shipping industry as the first generation. Since then world physical distribution, especially world shipping of the second generation has suffered from the effect of deregulation, IT revolution and globalization on the transactions…