DocumentCode :
1894774
Title :
Services: The Other 75% of the Economy
Author :
Larson, Richard
Author_Institution :
Prof., President of INFORMS, MIT
fYear :
2006
fDate :
21-23 June 2006
Abstract :
As nations grow and develop more as knowledge-based economies, services industries become a higher and higher fraction of the GDP. In the USA and some European economies, services comprise 75% of the GDP. While those figures do not yet represent most Asian economies, some of the fastest growing businesses in China, India and elsewhere in Asia are services businesses. In this presentation we focus on how a broadly-based engineering analysis of services, buttressed by principals of social sciences and management science, can lead to vastly improved designs and operations of services industries. We provide as illustrations various services in health care, technology-enabled education (including e-learning) and catastrophe response (including natural disasters such as hurricanes and typhoons, earthquakes and influenza pandemics).
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Service Operations and Logistics, and Informatics, 2006. SOLI '06. IEEE International Conference on
Conference_Location :
Shanghai
Print_ISBN :
1-4244-0317-0
Type :
conf
DOI :
10.1109/SOLI.2006.329096
Filename :
4125533
Link To Document :
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