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Andersen, M, Kleindienst, S, Yi, L, Lee, J, Bodart, M and Cutler, B (2008) An intuitive daylighting performance analysis and optimization approach. Building Research & Information, 36(06), 593–607.
Canter, D (2008) Do we need a metatheory of the built environment?. Building Research & Information, 36(06), 663–7.
Ho, D C W, Chau, K W and Yau, Y (2008) Evaluating unauthorized appendages in private apartment buildings. Building Research & Information, 36(06), 568–79.
Hu, D, Mohamed, Y, Taghaddos, H and Hermann, U ( (2018) A simulation-based method for effective workface planning of industrial construction projects. Construction Management and Economics, 36(06), 328–47.
Mahapatra, K and Gustavsson, L (2008) Multi-storey timber buildings: breaking industry path dependency. Building Research & Information, 36(06), 638–48.
Reymen, I M M J, Dewulf, G P M R and Blokpoel, S B (2008) Framework for managing uncertainty in property projects. Building Research & Information, 36(06), 580–92.
Ryu, S-R, Rhee, K-N, Yeo, M-S and Kim, K-W (2008) Strategies for flow rate balancing in radiant floor heating systems. Building Research & Information, 36(06), 625–37.
Sanchez, B and Haas, C (2018) Capital project planning for a circular economy. Construction Management and Economics, 36(06), 303–12.
Snyder, J R, Dilaver, O, Stephenson, L C, Mackie, J E and Smith, S D (2018) Agent-based modelling and construction – reconstructing antiquity’s largest infrastructure project. Construction Management and Economics, 36(06), 313–27.
Szalay, Z (2008) Modelling building stock geometry for energy, emission and mass calculations. Building Research & Information, 36(06), 557–67.
Ye, M, Lu, W, Flanagan, R and Ye, K (2018) Diversification in the international construction business. Construction Management and Economics, 36(06), 348–61.
- Type: Journal Article
- Keywords: International construction; diversification; entropy; competitive strategy; strategic management;
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446193.2017.1388530
- Abstract:
Economic globalization has created an interdependent market that allows companies to transcend traditional national boundaries to conduct business overseas. In the international construction market, companies often adopt diversification as a strategy for growth, for risk management or for both. However, the diversification patterns of international construction companies (ICCs) as a group are barely clear. The primary aim of this research is to cover this knowledge void by mapping ICCs’ diversification patterns in both business sectors and geographical dispersal. It starts from a literature review of diversification theories. Based on the review, a series of hypotheses relating to ICCs’ diversification are proposed. Data are gleaned from Engineering News-Record, i.e. Bloomberg and Capital IQ, ranging from 2001 to 2015. By testing the hypotheses, it is found that larger ICCs prefer to diversify than their smaller counterparts. Most of the ICCs tend to diversify to geographical markets with similar cultural or institutional environment. Market demands drive ICCs to diversify to different geographical markets while they are more prudential in venturing into new business sectors. The research provides not only valuable insights into diversification patterns of ICCs, but also a solid point of departure for future theoretical and empirical studies.
Yun, G Y, Steemers, K and Baker, N (2008) Natural ventilation in practice: linking facade design, thermal performance, occupant perception and control. Building Research & Information, 36(06), 608–24.
Zemke, D M V and Pullman, M (2008) Assessing the value of good design in hotels. Building Research & Information, 36(06), 543–56.