Foreign Experience in Engineering Activities

Journal Title: Проблеми економіки - Year 2014, Vol 2014, Issue 3

Abstract

The objective of the article consists in studying foreign engineering experience and comparing it with the domestic experience in order to reveal the strengths and weaknesses of the latter, determining the primary lines of its development and establishing the possibility of utilization of the world engineering achievements in the domestic national economy. A general description is provided for the world engineering market, characteristics of its structure are presented. The geographical pattern of demand and supply of engineering products is considered. Evolution stages of engineering companies are singled out. Legal aspects of regulating legal relations in the engineering sphere in economically developed countries are described. Primary international engineering company consolidations are listed as well as the largest individual representatives of this business. Considering the foreign experience, the importance of forming engineering consortia is emphasized. The role and importance of foreign engineering companies in the sphere of innovative economic development is described, as well the range of their activities. Examples of formation of engineering clusters are listed. Distinctions between the domestic and foreign engineering are elaborated on concerning the subject matter of the texts of engineering agreements, approaches to conducting working operations while providing engineering services, making managerial decisions, as well as utilization of business intellectualization tools. Principal competitive advantages of foreign engineering companies in comparison with the domestic ones are listed, and explanation is provided for low diversity of the former on the domestic engineering market. The prospects of further studies in this field should consist in determination of top-priority tasks for domestic engineering in the short term taking into account foreign experience.

Authors and Affiliations

Oleh Kuzmin, Volodymyr Zhezhukha, Nataliia Gorodyska

Keywords

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  • EP ID EP132072
  • DOI -
  • Views 98
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How To Cite

Oleh Kuzmin, Volodymyr Zhezhukha, Nataliia Gorodyska (2014). Foreign Experience in Engineering Activities. Проблеми економіки, 2014(3), 240-245. https://europub.co.uk/articles/-A-132072