Achieving transient competitive advantage in high‐speed rail projects bidding: Sustainable development perspective

Abstract

Since there is fierce competition in the global high-speed rail (HSR) market, pursuing sustainable development has become an essential task for HSR firms. However, competition on the international HSR projects shows prominent dynamic characteristics, which pose severe challenges to the sustainable development of HSR firms. Transient competitive advantage (TrCA) as a kind of advantage, that can be built quickly and abandoned rapidly, would guide HSR firms winning awards and survival in the

Determinants for Coopetition Strategies of International Joint Ventures in High-Speed Railway Projects

“…HSR projects have attracted great attention from researchers. To date, much of the literature on HSR competition has involved the industry level (Niu et al, 2020), the firm level (Zhang et al, 2019(Zhang et al, , 2020b, and the project level (Zhou et al, 2019;Niu et al, 2019). In addition, Niu et al (2021) explored the interactive paths covering three levels (project, firm, and industry levels) of the international competitive advantages for HSR contractors.…”

“…(1) In the phase of post-project, the members of IJVs should establish a long-term connection and cooperation mechanism with each other, such as international forums, HSR technology exhibitions, etc., to deepen understanding and create opportunities for cooperation (Zhang et al, 2020b). For instance, Chinese contractors holding a China HSR technology exhibition in Shanghai increased the possibility of winning the bid for the Jakarta-Bandung HSR project (Zhang et al, 2020b).…”

“…However, facing the increasing HSR demand in the international market, the HSR contractors should choose the appropriate mode to exploit the overseas market. According to the previous international HSR projects, the mode of international joint ventures (IJVs) has being widely used, such as in the Jakarta-Bandung HSR project and the Ankara-Istanbul HSR II project (Hong & Chan, 2014;Zhang et al, 2019Zhang et al, , 2020b. This paper defines the IJVs as the marriage between at least two firms from the HSR industry joining forces together in pursuit of HSR projects, and the mode of IJVs includes two systems, namely the contractual IJVs system and the equity IJVs system (Girmscheid & Brockmann, 2010).…”

“…It requires that the members should have diversified industry backgrounds. The features make the HSR IJVs differ from the IJVs for other kinds of projects (Zhang et al, 2020b;Niu et al, 2019).…”

Research on Forward Problem of Rail Detection Based on Magnetoacoustic Coupling

“…Rail transport is the most efficient and relatively inexpensive way to transport passengers and goods over long distances. The rapid development of railway has not only changed people’s lifestyles, but has also had a far-reaching influence on world politics and the economy [ 1 ]. The US rail network is the largest in the world, operating more than 250,000 km of routes, with freight lines accounting for about 80 per cent of the country’s total network.…”