Methodology is a body of methods, rules, and postulates employed by a discipline to a particular procedure or set of procedures.
Philosophy is the study of the fundamental nature of knowledge, reality, and existence, especially when considered as an academic discipline.
Want your view
The significance of philosophy is that it help for the creation service science in 21st century.
Co-creation of value in Innovation: Service Science
Service Industry
i. Service sector is the dominant economy in our industrial world.
ii. 80% of jobs are in service sector.
iii. Greater share of large companies’ revenue comes from services.
iv. Service sectors also help improve competitive performance of firms in our modern economies.
v. Rapid growth of services has vast implications for academics, knowledge creation, education, business practice, and government policy.
Services are deeds, processes and performance (Zeithaml et al., 2006).
Service is the application of specialised competences (knowledge and skills) through deeds, processes and performances for the benefit of another entity or the entity itself. (Vargo and Lusch (2006).
Despite the economic domination of services, there is relatively little focus from companies and government on service research and innovation compared to tangible products and technologies (Bitner and Brown, 2007).
- Badges
- Science method
- Similar topics
- Methodology