Innovations and Change in Service Industry Management

A special issue of Administrative Sciences (ISSN 2076-3387).

Deadline for manuscript submissions: closed (31 October 2024) | Viewed by 7816

Special Issue Editors

Department of Tourism, School of Commerce and Management, Avinashilingam Institute for Home Science and Higher Education for Women, Coimbatore 641043, India
Interests: behavioral tourism; cultural and heritage tourism; eco tourism; sustainable tourism and destination branding

Special Issue Information

Dear Colleagues,

Service industries continue to lead the economic development of nations, and the competitive advantage is increasingly underpinned by service innovations. The Fourth Industrial Revolution is a major inflection point for service industries. It simultaneously presents grave uncertainties and great opportunities for enterprises in the services sector. Service processes and spaces are redesigned for our smart machines to play greater roles in service delivery. Both the smartness of these machines and the way they are deployed to create synergic and delightful human–machine interactions will qualitatively change the value of services. That said, there are certain services where authenticity is vital, and traditional human touch will continue to determine competitive advantage. Even then, innovations that amplify authentic customer experiences while lowering the cost of service are important.

With shifts in labor markets primarily triggered by the COVID-19 pandemic and the great resignation that followed, with few exceptions, services are no longer known for low-paying jobs. The brave new model of services promises a better balance between work and leisure and also a greater portability of human skills between different service industry operations. The latter is made possible by the interfacing layer of service technologies used commonly in different industries that bridges any gaps in how service knowledge is applied differently in different industries.

Another major driver of change is the servicification of manufacturing. There is a layer of service that manufacturers routinely add to their tangible products. In certain cases, such as in software-as-a-service, there are additional complexities in understanding distinctions between manufacturing and services. Theoretical nuances go much further when we try to model services in the metaverse. All these call for a renewed and refreshed understanding of services science and practices.

In this backdrop, the editors seek high-quality manuscript submissions highlighting how service enterprises and industries are transforming. Both empirical papers and literature-review-based articles are welcome. Manuscripts could touch upon one or more service industries (hospitality, tourism, gaming, transport, healthcare, banking, financial services, telecommunication, entertainment, media, information technology, energy, and retail, among others) or even non-industrialized services such as government and community services. There is a progressively greater presence of nonprofits in the services sphere and their activities could also constitute the focus of submissions. Some indicative topics, neither exclusive nor exhaustive, are listed below:

  • Artificial intelligence in services;
  • Blockchains, digital currencies, and services;
  • Changing nature of competitive advantage in service industries;
  • Changing nature of service consumer behavior;
  • Conceptualizing services 4.0;
  • Co-production of service experiences;
  • Diversity, equity, and inclusion in service employment;
  • Emerging models of service design and delivery;
  • International and cross-cultural contrasts in services;
  • International differences in services;
  • Internet of Things as a service enabler;
  • Metaverse and the virtualization of services;
  • New service skills and future of employability in service industries;
  • Performance and emotional labor in smart services;
  • Service analytics and methodologies;
  • Supply chain innovations in service industries;
  • Service sustainability;
  • Smart technologies and business models in services;
  • Technological entrepreneurship in services;
  • Technology and human touch in value creation in services;
  • The future of tradition and authenticity in services;
  • The role of service robots;
  • Trends in service outsourcing.

Dr. Babu George
Dr. V.T Bindu
Guest Editors

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Keywords

  • service industries
  • innovation
  • technology
  • future
  • tourism
  • hospitality
  • retail
  • banking
  • healthcare
  • entertainment
  • energy
  • artificial intelligence
  • blockchain
  • supply chain
  • sustainability
  • robots

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Published Papers (4 papers)

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Research

12 pages, 269 KiB  
Article
A Six Sigma and DEA Framework for Quality Assessment in Banking Services
by Enrique Delahoz-Domínguez, Adel Mendoza-Mendoza and Rohemi Zuluaga-Ortiz
Adm. Sci. 2024, 14(11), 295; https://doi.org/10.3390/admsci14110295 - 8 Nov 2024
Viewed by 803
Abstract
This study proposes a methodology that combines Six Sigma and Data Envelopment Analysis (DEA) to measure the quality of banking services. The proposed framework emphasizes seven essential quality dimensions: prompt response, efficient channels, fraudulence, processes, dependable service, credibility, customer satisfaction, and risk management. [...] Read more.
This study proposes a methodology that combines Six Sigma and Data Envelopment Analysis (DEA) to measure the quality of banking services. The proposed framework emphasizes seven essential quality dimensions: prompt response, efficient channels, fraudulence, processes, dependable service, credibility, customer satisfaction, and risk management. Integrating both techniques enables a holistic approach to quality evaluation and provides valuable information for the banking industry’s continual improvement. To validate the properties of the methodology, we developed a case study involving 25 Colombian banks. Using Six Sigma metrics, DEA models, and slacks analysis, the results provide a comprehensive study of the quality performance, identifying each bank’s relative strengths and weaknesses in several quality dimensions. The data indicate that some banks perform better on quality characteristics such as customer happiness, dependable service, and procedures. However, this study also reveals a promising finding: banks still have the potential for development, particularly in their response time, channel efficiency, fraud, and credibility, offering hope for the future of banking services. Full article
(This article belongs to the Special Issue Innovations and Change in Service Industry Management)
16 pages, 311 KiB  
Article
New Evidence of the Impact of Innovative Capacity on Firm Employment
by Héctor Alejandro López, Rosa Yagüe-Perales and Isidre March-Chordá
Adm. Sci. 2024, 14(10), 244; https://doi.org/10.3390/admsci14100244 - 2 Oct 2024
Viewed by 763
Abstract
The business behavior towards innovation and its impact on the creation of new jobs of 113 firms in the Valencian Community (Spain) were analyzed between 2014 and 2020. The sample included manufacturing, services and trading enterprises; technological and non-technological companies; micro-, small, medium, [...] Read more.
The business behavior towards innovation and its impact on the creation of new jobs of 113 firms in the Valencian Community (Spain) were analyzed between 2014 and 2020. The sample included manufacturing, services and trading enterprises; technological and non-technological companies; micro-, small, medium, and large enterprises; and locations across the entire geographical extent of the Valencian Community. The firms were divided into quartiles based on their level of employment growth, linearly correlating this variable with 14 innovation indicators for each of the resulting four groups, reflecting the innovative capacity of these firms. It was found that the factor linked to innovation capacity that most favors or drives business employment creation is co-operation with other companies, as it had a direct and significant relationship with the two highest growth groups (quartiles 4 and 3), with no negative relationship with either of the two lower growth groups (quartiles 2 and 1). This suggests that the public administration should increase efforts to create spaces for the exchange of ideas between companies and organizations to reduce unemployment levels. Overall, this study provides new insights into the subject, and its findings lead to the conclusion that firms with higher innovative capacity create more jobs. Full article
(This article belongs to the Special Issue Innovations and Change in Service Industry Management)
24 pages, 1731 KiB  
Article
An Economic Perspective on the Implementation of Artificial Intelligence in the Restaurant Sector
by Mª Genoveva Dancausa Millán and Mª Genoveva Millán Vázquez de la Torre
Adm. Sci. 2024, 14(9), 214; https://doi.org/10.3390/admsci14090214 - 10 Sep 2024
Cited by 1 | Viewed by 1769
Abstract
Technology is evolving and being implemented across nearly every sector of society, including health, nutrition, and sustainability. Specifically, artificial intelligence (AI) has become an essential tool in gastronomy, not only facilitating chefs’ work but also fostering business innovation through cost reduction. However, for [...] Read more.
Technology is evolving and being implemented across nearly every sector of society, including health, nutrition, and sustainability. Specifically, artificial intelligence (AI) has become an essential tool in gastronomy, not only facilitating chefs’ work but also fostering business innovation through cost reduction. However, for a gastronomic business to be profitable, it is crucial to understand its strategic elements. In this study, three groups associated with gastronomy—chefs, entrepreneurs, and gastronomic experts—were surveyed to gather their opinions on the application of artificial intelligence in the restaurant sector in Spain. Additionally, the Business Model Canvas and Lean Model Canvas were developed, specifically adapted for the restaurant sector. These models, as novel approaches, allowed for the identification of key success factors based on the respondents’ experiences, considering that the Business Model Canvas focuses on the market and the company, while the Lean Model Canvas prioritizes the market and the product. This distinction is essential for mitigating the high failure rate in the restaurant industry in Spain. The results from the Canvas models and SWOT analysis have allowed us to understand the participants’ views. They largely see the use of AI in gastronomy as beneficial due to innovation in recipes and cost savings. However, concerns were raised about the potential loss of human touch in dish preparation and increased unemployment due to the automation of some cooking processes. These findings could be highly relevant for future restaurant entrepreneurs. Full article
(This article belongs to the Special Issue Innovations and Change in Service Industry Management)
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21 pages, 4633 KiB  
Article
The Influence of Environmental, Social, and Governance Issues in the Banking Industry
by Juan David Gonzalez-Ruiz, Camila Ospina Patiño and Nini Johana Marín-Rodríguez
Adm. Sci. 2024, 14(7), 156; https://doi.org/10.3390/admsci14070156 - 19 Jul 2024
Cited by 2 | Viewed by 3481
Abstract
This study examines the current trajectory and future research directions of environmental, social, and governance (ESG) integration within the banking industry. Utilizing bibliometric and scientometric approaches, it highlights trend topics, influential studies, and notable contributors. Drawing from an analysis of 681 studies from [...] Read more.
This study examines the current trajectory and future research directions of environmental, social, and governance (ESG) integration within the banking industry. Utilizing bibliometric and scientometric approaches, it highlights trend topics, influential studies, and notable contributors. Drawing from an analysis of 681 studies from Scopus and Web of Science databases, a comprehensive dataset was curated using scientometric networks with VOSviewer and Bibliometrix tools. This study emphasizes the evolving nature of ESG integration within banking, emphasizing an interdisciplinary shift encompassing environmental, social, and governance considerations. Keyword analysis reveals emerging trends, including the influence of ESG factors on banks’ financial performance, regional variations in ESG integration within banking, and risk assessment related to ESG factors and credit risk in banks. By offering insights into the evolving topic of ESG integration within banking and identifying promising avenues for further exploration, such as the fundamental connection between ESG and sustainability, particularly in climate change and green finance, this research contributes to ongoing discussions surrounding ESG integration in the banking industry, guiding future research efforts in this vital financial sector. Full article
(This article belongs to the Special Issue Innovations and Change in Service Industry Management)
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