EconPapers    
Economics at your fingertips  
 

Small Subcontractors in UK Engineering: Competitiveness, Dependence and Problems

Bruce R Lyons and Susan Bailey

Small Business Economics, 1993, vol. 5, issue 2, 09 pages

Abstract: This paper reports the results of a new survey of small subcontractors in U.K. engineering. We are able to characterize the main source of competitive advantage as being experience with a particular technology. Labor flexibility, but not cheap labor, is also a necessary condition for success. There is a clear trend towards limited concentration of one third of all output with the single most important customer. More negatively, there is evidence for substantial avoidance of ideal, relationship specific investment, and for lack of communication and trust. This is despite the fact that most subcontractors are located close tot their customers and have been serving them for many years. Copyright 1993 by Kluwer Academic Publishers

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:kap:sbusec:v:5:y:1993:i:2:p:101-09

Ordering information: This journal article can be ordered from
http://www.springer. ... 29/journal/11187/PS2

Access Statistics for this article

Small Business Economics is currently edited by Zoltan J. Acs and David B. Audretsch

More articles in Small Business Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-19
Handle: RePEc:kap:sbusec:v:5:y:1993:i:2:p:101-09