Strategies for contractors to sustain growth in the global construction market

Enhancing General Contractors Capacities With Collaborative Networks

“…� Long-term alliance-collaborative maintains (PARK & HAN, 2012), (Han, et al, 2010). � Rapid communication, information exchange and knowledge exchange flow (PARK & HAN, 2012), (Tserng & Yin, 2010).…”

Choosing the Partner in a Digital Fabrication Case

“…Han et al (2010) points out that the amount of construction in the world is distributed in the global market as follows: Asia 37%, Europe 31% and North America 23%. In terms of volume, the U.S. has the biggest participation, followed by Japan, China and the UK.…”

“…To address these issues and to remain competitive and maintain their competitive edge, the contractors have implemented partnerships (Han et al, 2010), Cooperation-based alliance with various collaborators is a complex undertaking in civil construction. Cheah, Garvin, Miller (2004) discuss strategies of global construction firms, citing that success is derived from different modes of operational, financial, technological and human-related conditions.…”

International Joint Venture Between Asean and Gulf: Bidding and Delivering Bahrain International Formula-1 Circuit

“…Their firm-specific advantages are access to inexpensive, highly skilled labour proficient in available technology and close geographical, cultural, and language proximity to their markets (Kim 1988, Strassman and Wells 1988, Adams 2008, Rashid 1990). In addition, some authors highlight the support from their governments including credits, export guarantees, preferential taxes, and other export development incentives (Han et al 2010, Quak 1990, Betts and Ofori 1994, Abdul-Rahman and Berawi 2002.…”

“…Several authors have also borrowed concepts from behavioural models, which focus on the motivations and decision-making including: management, which is exemplified by the work of Aharoni (1966); industrial organization theory, which argues that the multinational enterprise (MNE) possesses features enabling it to overcome entry barriers into foreign markets and giving it comparative advantages, as exemplified by Kindleberger (1969) and Hymer (1976); the internalization theory of business enterprises applied to MNE by Buckley and Casson (1976); and general theories such as Dunning's (1977) eclectic paradigm. On the other hand, some authors (Hasegawa 1988, Han et al 2010, Momaya and Selby 1998 have analysed issues surrounding international construction without much reference to the existing models. This was done by Hasegawa (1988) when he considered the international strategies of Japanese construction firms and identified two sources of competitive forces: the level of domestic and international construction, and the threat of new entrants to industry through diversification.…”