Entries in services innovation (2)

Tuesday
Jul292014

Practice Currently Fails Perception: A Study of Services Innovation In Australia

Accurate analysis around innovation activity in services and the services industry in the Australian economy is very difficult to track down. Firstly there are issues of definition of what the services industry actually constitutes and possibly lots of overlap with other supposed “non-service” categories such as Agriculture, Manufacturing and Mining & Resources. Secondly there is a paucity of understanding of how the innovation systems in services industries typically operate. In one sense the services sector has been a victim of its own success – because it has been steadily growing and has not been in decline like, for example, Automotive Manufacturing Sector, it has not ended up being the focal point for in-depth studies about its innovation characteristics. On the definition side, the Australian Bureau of Census and Statistics writes.. “a service industry produces services valuable to consumers as a final product, such as services provided by cafes and restaurants, or valuable to other service and goods producers as an intermediary input, such as wholesale trade and accounting services.” Hardly helpful!! While ABS reports that in 2012 services made up 71.2 percent of Gross Value Added economic activity and provided jobs for 86.1 percent of employed persons, there is only poor data and limited understanding about the operations of the many services sub-sectors, which are increasingly niche focused and which also increasingly defy simple ABS categorisation methods. As I started to look for detailed data and evidence to better understand the dynamics of the local services sector and its innovation practices I quickly started to draw a blank. I googled various variations on the theme of innovation research

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Wednesday
Apr022014

The Australian Services Roundtable launches a major research project focused on Services Innovation 

The services industries already make up over 75 percent of Australia’s economy and with the predicted future slow-down in resources investment it is imperative that they are as innovative as possible to national growth. Innovation in services in Australia is critical to the creation of the high-value jobs of the future and to stave off the increasing trade exposure of lower value services tasks. The Australian Services Roundtable (ASR) believes that a nationally concerted focus on stimulating services innovation is critical and this needs to be supported by evidence-based research of current state positions and opportunities. As such the launch today of the ASR Services Innovation Index (ASRIIx) is a joint development between ASR and acknowledged global innovation thought leader Dr. Ralph Kerle. For the first time

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