STUDY OF ECONOMIC INCENTIVES AND CONDITIONS INFLUENCING THE FORMATION AND EXPANSION OF THE SERVICE SECTOR
Keywords:
service sector, economic incentives, enabling condition, sectoral growth, digital infrastructure, human capital, regulatory framework.Abstract
The service sector has become a pivotal component of modern economies worldwide. This study investigates the economic incentives and enabling conditions that influence the formation and expansion of the service sector. Using a mixed-method approach combining quantitative analysis of cross-country data and qualitative case studies, this paper identifies key drivers such as tax incentives, investment in digital infrastructure, human capital development, and regulatory reforms. The findings highlight the crucial role of coordinated policies to foster sustainable and inclusive growth in the service industry. Recommendations are provided for policymakers to enhance sectoral performance through targeted incentives and improved institutional frameworks.
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