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Are The Professional Engineering Services Threatened By Substitutes?

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  • Gabriel Sorin STROE

    (General Manager, UZINSIDER ENGINEERING S.A. Galati, Romania, University „Politehnica” of Bucharest, Romania)

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.

Suggested Citation

  • Gabriel Sorin STROE, 2014. "Are The Professional Engineering Services Threatened By Substitutes?," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 160-169.
    • Handle: RePEc:ddj:fserec:y:2014:p:160-169
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    References listed on IDEAS

    as
    1. Gabriel Sorin STROE, 2013. "Structural analysis of engineering consulting and design industry," Management & Marketing, Economic Publishing House, vol. 8(1), Spring.
    2. Peter Boxall & Mike Steeneveld, 1999. "Human Resource Strategy and Competitive Advantage: A Longitudinal Study of Engineering Consultancies," Journal of Management Studies, Wiley Blackwell, vol. 36(4), pages 443-463, July.
    3. Gerhard Kreitl & Gerhard Urschitz & Wolfgang Oberndorfer, 2002. "Corporate growth of engineering consulting firms: a European review," Construction Management and Economics, Taylor & Francis Journals, vol. 20(5), pages 437-448.
    4. Namrata Malhotra & Timothy Morris, 2009. "Heterogeneity in Professional Service Firms," Journal of Management Studies, Wiley Blackwell, vol. 46(6), pages 895-922, September.
    5. Stephan Kaiser & Max Josef Ringlstetter, 2011. "Strategic Management of Professional Service Firms," Springer Books, Springer, number 978-3-642-16063-9, December.
    6. Sébastien Gand, 2010. "Analyzing and comparing Professional Service Firms over services, time and space. Proposition of a foundation framework," Post-Print hal-00708241, HAL.
    7. Marcela Miozzo & Damian Grimshaw (ed.), 2006. "Knowledge Intensive Business Services," Books, Edward Elgar Publishing, number 3726.
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    Cited by:

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