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Competition in the business services sector: implications for the competitiveness of the European economy

Competition in the business services sector: implications for the competitiveness of the European economy
Competition in the business services sector: implications for the competitiveness of the European economy
This paper investigates the nature and extent of competition in the European business services sector. Levels of competition in the sector vary considerably by market segment and location. A number of factors, including the fragmented nature of the market, firm based strategies and regulatory conditions, restrict competition in the sector. The analysis of competition in the business services sector highlights the failure of the market to promote consistently an efficient and quality provision of business services. Given the important role of business services in the economy as a whole and their impact on the competitiveness of client firms, it is argued here that policy-makers would be wise to influence competition within the business services sector through a variety of initiatives, with the aim of improving the efficiency and quality of business services provision. Such initiatives would result in positive spill-over effects for Europe's general competitive position in the global economy
1024-5294
127-146
Roberts, Joanne
c49f0cf6-8c79-4826-b7f2-8563d7aa99cf
Roberts, Joanne
c49f0cf6-8c79-4826-b7f2-8563d7aa99cf

Roberts, Joanne (2003) Competition in the business services sector: implications for the competitiveness of the European economy. Competition & Change, 7 (2/3), 127-146.

Record type: Article

Abstract

This paper investigates the nature and extent of competition in the European business services sector. Levels of competition in the sector vary considerably by market segment and location. A number of factors, including the fragmented nature of the market, firm based strategies and regulatory conditions, restrict competition in the sector. The analysis of competition in the business services sector highlights the failure of the market to promote consistently an efficient and quality provision of business services. Given the important role of business services in the economy as a whole and their impact on the competitiveness of client firms, it is argued here that policy-makers would be wise to influence competition within the business services sector through a variety of initiatives, with the aim of improving the efficiency and quality of business services provision. Such initiatives would result in positive spill-over effects for Europe's general competitive position in the global economy

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More information

Published date: 2003
Organisations: Winchester School of Art

Identifiers

Local EPrints ID: 360346
URI: http://eprints.soton.ac.uk/id/eprint/360346
ISSN: 1024-5294
PURE UUID: b69b12f0-697b-4d71-9e20-1003b538b209
ORCID for Joanne Roberts: ORCID iD orcid.org/0000-0001-5337-1698

Catalogue record

Date deposited: 09 Dec 2013 11:48
Last modified: 10 Jul 2020 00:33

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Contributors

Author: Joanne Roberts ORCID iD

University divisions

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