Construction Innovation: Theory and Practice

Sexton, Martin; Lu, Shu‐Ling

doi:10.1002/9781118280294.ch3

Cited by 3 publications

(1 citation statement)

References 22 publications

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“…Other scholars such as Betts and Ofori (1992) and Öz (2001) were aligned with the role of exogenous forces, or the market-driven view (MDV). Relatively a smaller number of the researchers sought a balance between the role of exogenous and endogenous forces (Larsen et al, 2012;Sexton and Lu, 2012). Based on the observations of small contractor companies, Sexton and Lu (2012:p.50) concluded that RBV and MDV can be gainfully linked to achieve a balance between exploitative and explorative activities, former to innovate for a better performance, and the latter to invest in future.…”

Section: Literature Reviewmentioning

confidence: 99%

The Role of Strategic Entrepreneurship on Firm Growth: A Case Study from the Turkish Housing Market

Ertuğral

ACAR

2022

Period. Polytech. Arch.

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A contractor firm, which strategically positioned itself in the housing market as a "sales firm, independent of its industry" introduced a patented product innovation, the Foldhome, to the Turkish housing market in 2010. The idea behind Foldhome was adding a set of social facility areas (or, 'Folds') to core accommodation units which include a bedroom, a living space and wet spaces. The firm gained a commercial success in the branded housing market with an annual turnover about 300.000.000 USD and 400.000.000 USD in 2016 and 2017 respectively. While researchers have reported that a significant portion of the variance in firm growth in construction can be explained by corporate entrepreneurship, empirical evidence on 'how' this process leads to organizational growth is scarce. This paper presents findings from a qualitative research study of the Foldhome case which aimed an in-depth investigation of the role of entrepreneurship on firm growth and value creation. A content analysis was conducted to analyze data from 31 in-depth interview with firm managers and employees, according to the input-process-output model of strategic entrepreneurship. A process-based analysis of the case show that leveraging can be a more critical managerial capability than bundling and structuring in the early life cycle phase when young entrepreneurial companies orchestrate their resources for survival, growth and value creation. Paper contributes to construction entrepreneurship literature by unpacking the circumstances under which a holistic entrepreneurship framework that surround a product innovation through the integration of corporate functions. Lessons learned are highlighted for the entrepreneurial contractor companies.

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Section: Literature Reviewmentioning

confidence: 99%

The Role of Strategic Entrepreneurship on Firm Growth: A Case Study from the Turkish Housing Market

Ertuğral

ACAR

2022

Period. Polytech. Arch.

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Innovation ambidexterity in construction firms: external knowledge antecedents and performance consequences

Duodu,

Melagoda,

Rowlinson

2023

Construction Management and Economics

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Diffusion of platform thinking as an innovation in the construction supply chain

GrabhamStuart

Manu

2022

Proceedings of the Institution of Civil Engineers - Management,

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The construction industry has received long standing criticism over its fragmented approach to supply chain management, adversarial relationships, and ongoing defects. Platform thinking has been observed in other industries as a phenomenon that offers reinvention from the traditional perspectives on the supply chain. In this study, a scoping review of platform thinking is presented. A database search of 656 papers across 15 journals, along with 3 sources from a Google search and 12 sources from a manual review of the reference lists were reviewed in relation to platform thinking in construction. While many variants of platforms exist, the scoping review demonstrates a focus on product platforms that has historical precedents. This paper highlights the benefits of platform thinking whilst linking to the lessons of the past. This provides a valuable insight for future implications of platform thinking. This paper contributes to the limited literature on platform thinking in the construction industry by linking historical examples with present and potential future investigation.

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Construction Innovation: Theory and Practice

Cited by 3 publications

References 22 publications

The Role of Strategic Entrepreneurship on Firm Growth: A Case Study from the Turkish Housing Market

The Role of Strategic Entrepreneurship on Firm Growth: A Case Study from the Turkish Housing Market

Innovation ambidexterity in construction firms: external knowledge antecedents and performance consequences

Diffusion of platform thinking as an innovation in the construction supply chain

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