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A CONCEPTUAL REVIEW OF ENGINEERING CONSULTANCY PRACTICE (ECP) BUSINESS MODEL

Archives of Business Research

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Field Value
 
Title A CONCEPTUAL REVIEW OF ENGINEERING CONSULTANCY PRACTICE (ECP) BUSINESS MODEL
 
Creator Lai, Justin
Zin, Rosli
Yahya, Khairulzan
 
Description The Malaysian government has highlighted liberalization for seventeen (17) service sub-sectors in phases, including architectural and engineering services. Liberalization offers opportunities to transfer of capital, expertise, and technology to domestic firms to expand business. As a result, the local Engineering Consultancy Practices are facing challenges in enhancing their competitiveness in sustain their business in the industry. In a sense, proper business model is one of the main criteria to enhance the business performance. This paper aims to contribute to this overlooked but important research line. Semantically, this paper comprehensively reviews the Engineering Consultancy Practice business model from various aspects and applications. The preliminary finding reveals that the concept of developing new ECP business core values is essential to enhance the existing ECP business performance. Eleven (11) business model core values are introduced in this study, verified through systematic triangulation analysis. The outcome can be used to become a guideline for the engineering consultancy practices in Malaysia.
 
Publisher Archives of Business Research
 
Contributor Nil
 
Date 2014-08-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.scholarpublishing.org/index.php/ABR/article/view/160
10.14738/abr.24.398
 
Source Archives of Business Research; Vol 2, No 4 (2014): Archives of Business Research; 173
2054-7404
10.14738/abr.24.2014
 
Language eng
 
Relation http://www.scholarpublishing.org/index.php/ABR/article/view/160/213