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The Globalization of Knowledge-Intensive Services
The globalization of services plays an important role in the general process of the globalization of science, technology and innovation. Liberalization and advances in information and communication technologies has transformed knowledge-intensive services - not simply improving their trade prospects, but altering how industrial activities are conducted, integrating services and goods and contributing to the unbundling of services activities, their outsourcing and offshoring. These processes allow multiple points of entry for new types of organization, including the expansion of new knowledge-intensive service activities and the development of new international service suppliers. This has implications both for innovations in these activities, and for their role in contributing to innovation systems around the world