The Services Transformation and Network Policy: The New Logic of Value Creation <link rid="en1">-super-1

There is currently a fundamental transformation of services, a transformation central to the growth of productivity and competition in the global economy. This transformation, a response to commodification generated by decomposition of production and intensified competition in global markets, is driven by developments in IT tools, the uses they are being put to, and the networks they run on. The service transformation is changing how firms add value, affecting the underlying economic activity in countries around the world. Copyright 2009 by The Policy Studies Organization.