Abstracts – Browse Results
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Abdelkhalek, S I (2022) Managing the inspection process of concrete bridge decks, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Aoieong, R T (2004) Capturing quality costs of construction processes using the construction process cost model (CPCM), Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Au, C Y M (2013) An optimal contract strategy in managing extension of time provisions in building contracts, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Bao, Q (2003) Effective energy management during a building's life cycle, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Chan, H L J (2011) Developing a fuzzy risk assessment model for target cost and guaranteed maximum price contracts in the construction industry of Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Chan, K C G (2012) The use of virtual reality for visualizing construction safety management process, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Chan, K Y (2012) Optimizing construction planning and scheduling by virtual prototyping enabled resource analysis, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Chan, P L (2004) Critical success factors for delivering healthcare projects in Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Chan, T S A (2005) The impact of subordinates' professionalism on leadership effectiveness in the construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Chan, W T P (2009) Construction industry development and government policy, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Chan, Y M T (2008) The role of finance in competitiveness of indigenous contractors in Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Chen, Z (2003) An integrated analytical approach to environmental management in construction, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Dai, F (2010) Applied photogrammetry for 3D modeling, quantity surveying, and augmented reality in construction, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
De Saram, D D (2002) Measuring the quality of contractors' co-ordination activities during the construction process, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Fiona, T S C (2009) A critical study on performance-based fire safety design in Hong Kong with timber perforated ceilings as an example, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Fu, W K (2004) The effect of experience in construction contract bidding, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Guo, H (2009) Rethinking construction project management using the VP-based manufacturing management model, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Hao, J L J (2002) Better use of information: A simulation model for international construction joint ventures in China, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Hong, J (2006) A study on analytic approaches to intelligent buildings assessment, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Huang, T (2009) Virtual prototyping technologies enhanced construction planning, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Jaillon, L C (2009) The evolution of the use of prefabrication techniques in Hong Kong construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Kam, C W (2000) Quality assurance of construction works in Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Lam, W M (2005) A conceptual model of success for design and build projects in the public sector of Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Lee, L P (2012) Do construction workers accept automated monitoring? A study on the acceptance level and its antecedents, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Leung, W Y (2006) A study of the competitiveness of local contractors in Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Liang, Y (2006) Integrated IT systems for construction site management, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Lin, G (2009) Measuring the performance of value management studies in construction, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Liu, G W (2003) A framework for implementing value management in China's construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Liu, Y (2009) Critical factors for managing project communication among participants at the construction stage, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Lu, W (2006) A system for assessing and communicating contractors' competitiveness, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Luo, X (2011) A knowledge-based electronic meeting system for implementing value management in construction briefing, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Ochoa Paniagua, J J (2011) Production planning approach for implementing sustainable building projects, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Oo, B L (2007) Modelling individual contractors' bidding decisions in different competitive environments, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Pan, Y H (2007) Application of industrialized housing system in major cities in China: A case study of Chongqing, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Tan, Y (2009) Contractor's competitiveness and competitive strategy in Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Tang, L (2011) Effective and efficient briefing in public private partnership projects in the construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Tse, T-c (2009) The interoperability of building information models and document models in the Hong Kong construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Wang, S Q (1995) A methodology for comparing the productivities of the ready mixed concrete industries in major cities, Unpublished PhD Thesis, Department of Civil and Structural Engineering, Hong Kong Polytechnic University.
Wong, K W J (2007) Development of selection evaluation and system intelligence analytic models for the intelligent building control systems, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Wong, M W J (2006) Forecasting manpower demand in the construction industry of Hong Kong, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Wong, W H (2007) Developing and implementing an empirical system for scoring buildability of designs in the Hong Kong construction industry, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Xia, B (2010) The selection of design-build operational variations in the people's republic of China using Delphi method and fuzzy set theory, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Yang, C (2004) Knowledge-based understanding and interpretation of construction engineering drawings, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Yang, J (2010) A framework for stakeholder management in construction projects, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Yao, H (2009) A dynamic approach for evaluating the sustainability performance of infrastructure projects, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Ye, K (2009) Modelling competition intensity in construction market, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Yip, R C P (2009) The cultural shift of the construction industry of Hong Kong under the influence of sustainable development, Unpublished PhD Thesis, , Hong Kong Polytechnic University (Hong Kong).
Yuan, H (2011) A dynamic model for assessing the effectiveness of construction and demolition waste management, Unpublished PhD Thesis, , Hong Kong Polytechnic University.
Zhang, X (2010) Competitiveness for real estate developers: a China study, Unpublished PhD Thesis, Department of Building and Real Estate, Hong Kong Polytechnic University.
- Type: Thesis
- Keywords: competitive strategy; competitiveness; fuzzy set; market; real estate; strategic management; entrepreneurship; joint venture; policy; research methods; risk management; strategic management; developer; China; case studies; Monte Carlo simulation
- ISBN/ISSN:
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- Abstract:
The importance of organizational competitiveness and competitive strategy has led to the contribution of extensive research efforts to the development of this research discipline. It is essential for the organizations in a vibrant business environment such as the Chinese real estate industry to understand their competitiveness and hence identify the strategy for improvement. China has been experiencing comprehensive reform programs across all industrial sectors including real estate. The implementation of this reform process has brought the growth of various industries such as real estate industry and the huge development of the national economy as a whole. In particular, the Chinese real estate industry as a new industry has grown up dramatically over last two decades. In line with the reforms and developments, the Chinese real estate market presents not only huge business opportunities but also various special characteristics at both industrial and business levels. Developers in the industry are from multiple backgrounds, including domestic firms, joint ventures, and foreign businesses. Their competitiveness and competition strategies are determined by different types of variables in this environment. It is important that developers in this market properly understand their competitiveness and therefore adopt adequate strategies for improvement. The healthy development of developers‟ business not only contributes to their own business objectives but also to the smooth development of the Chinese real estate industry as a whole. Nevertheless, there is little research undertaken on examining real estate enterprises‟ competitiveness and the strategy for competitiveness improvement in the Chinese real estate market. It is the aim of this study to understand the enterprises‟ competitiveness and investigate strategy for competitiveness improvement in the context of the Chinese real estate industry. The characteristics of the Chinese real estate business at both industrial and business level are identified. A comprehensive set of competitiveness indicators is developed for helping assess real estate enterprises‟ competitiveness, and core competitiveness indicators are identified for business start-up and growth stages. In order to identify the Core competitiveness indicators (CCIs), this study extends the traditional questionnaire survey data analysis approach to using Monte Carlo Simulation technique and Fuzzy Set theory to establish CCIs. This mitigates the weakness of the traditional methods for identifying CCIs from questionnaire information. The identification of the CCIs indicates that developers at start-up stage are indifferent to what are the key competitiveness areas thus they consider almost all areas important. However, developers start to realize the importance of focusing on few areas after they consolidate their business start-up stage, thus they select less core indicators as core competitiveness areas, much less than that selected when they just enter into the market. The 6 CCIs are considered essential to present a developer’s competitiveness in the Chinese real estate market, including annual land reserves, corporate brand reputation, access to a diverse range of capital, entrepreneurship opportunity, superior strategic management capacity, risk management capability (response to policy and system changes), and green development strategy to gain the reputation of social responsibility. Core competitiveness indicators (CCIs) are identified for helping the enterprises to focus their resources and strategies on the key areas for enhancing their competitiveness. The analysis on the core competitiveness indicators leads to the formulation of two ajor strategies for competitiveness improvement, namely, risk management and green development. The study shows that risk management and green development strategies are proven effective to enhance developers‟ competitiveness. The results also show that different types of enterprises will obtain competitiveness in different aspects by utilizing their own organizational resources and strengths. This implies that individual real estate developers should formulate competition strategies through analyzing their own competitiveness, considering the external environment, utilizing internal resources properly, and therefore assessing all feasible strategies for management decision. This study has adopted multiple research methods, including extensive literature review, a systematic process of practical surveys, Monte Carlo Simulation technique, fuzzy set theory method and case studies. The data collected from the survey within the Chinese real estate context are used for establishing CCIs, formulating and validating the strategies for competitiveness improvement. Whilst the data used in the analysis are collected from the Chinese real estate industry, the findings provide useful references for conducting comparative studies between China and real estate industry in other countries. This study contributes to the development of knowledge of competitiveness theory in the discipline of real estate industry. The limitations of the study are appreciated, including the limited sources of the data collected only from China’s real estate market.