ARE THE PROFESSIONAL ENGINEERING SERVICES THREATENED BY SUBSTITUTES?

Gabriel Sorin Stroe ()
Additional contact information
Gabriel Sorin Stroe: General Manager, UZINSIDER ENGINEERING S.A. Galati, Romania, University „Politehnica” of Bucharest, Romania

Risk in Contemporary Economy, 2014, 160-169

Abstract: Substitutes pose a permanent threat on firms’ products or services in any industry. As the extant literature on strategic analysis is abundant in examples of substitutes for goods and traditional services, the paper aims at analyzing in-depth the concept of substitutes in the case of engineering services industry which is a knowledge-based, project-based, and professional type one. The assessment of the threat of substitutes for these services has been supported by an empirical study among a number of managers of Romanian engineering companies. The paper ends up with a set of conclusions and an invitation to further debate and research.

Keywords: substitutes; professional services; engineering consulting and design services; industry; client (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.rce.feaa.ugal.ro/images/stories/RCE2014/papers/GabrielStroe2.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2014:p:160-169

Access Statistics for this article

More articles in Risk in Contemporary Economy from "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Gianina Mihai ().