Empirical and theoretical evidence on the German service sector is
inversely related to its growing overall importance for the entire
economy. This monograph offers a comprehensive theory-based econometric
treatment of three important and severely understudied issues related to
services: innovative activity, the effects of innovation on the demand
for labour, and the performance of newly founded firms. In addition, the
book contains detailed descriptive statistics on innovative activity,
skill mix as well as on growth and current economic importance. It
offers researchers, policy makers, and practitioners a unique
opportunity to gain knowledge on the new German service economy.