The SWOT Analysis of Modern Service Industry Development in the Old Industrial Bases

Authors

  • Wang Shuli
  • Wang Yibing

DOI:

https://doi.org/10.24212/2179-3565.2011v2i3p28-33

Keywords:

The old industrial bases, Modern service industry, SWOT analysis

Abstract

As the most potential industry in the knowledge economy, the modern service industry plays an increasingly important role in economic development. In this paper, the SWOT analysis of modern service industry has been done in the old industrial bases where the technological renovation leads to industrial decline. The results show that geographical position’s superiority, abundant natural resources, complete industrial system, convenient transportation condition and government policy support etc. are the strengths and opportunities of modern service industry development in the old industrial bases. While lagging development level, imperfect service support system, deficient human resources, lack of technical innovation ability and serious social problems etc. will bring negative impact to the modern service industry of the old industrial bases.

Author Biographies

Wang Shuli

School of Economics, Wuhan University of Technology, Wuhan, P.R.China, 430070

Wang Yibing

School of Economics, Wuhan University of Technology, Wuhan, P.R.China, 430070

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Issue

Vol. 2 No. 3 (2011)

Section

Papers

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