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Cho, Y, Kabassi, K, Pyeon, J, Choi, K, Wang, C and Norton, T (2013) Effectiveness Study of Methods for Removing Temporary Pavement Markings in Roadway Construction Zones. Journal of Construction Engineering and Management, 139(03), 257–66.
Comu, S, Iorio, J, Taylor, J E and Dossick, C S (2013) Quantifying the Impact of Facilitation on Transactive Memory System Formation in Global Virtual Project Networks. Journal of Construction Engineering and Management, 139(03), 294–303.
Doan, P and Menyah, K (2013) Impact of Irreversibility and Uncertainty on the Timing of Infrastructure Projects. Journal of Construction Engineering and Management, 139(03), 331–8.
Doloi, H (2013) Cost Overruns and Failure in Project Management: Understanding the Roles of Key Stakeholders in Construction Projects. Journal of Construction Engineering and Management, 139(03), 267–79.
Kim, B, Lee, H, Park, H and Kim, H (2013) Estimation of Greenhouse Gas Emissions from Land-Use Changes due to Road Construction in the Republic of Korea. Journal of Construction Engineering and Management, 139(03), 339–46.
Li, F, Phoon, K K, Du, X and Zhang, M (2013) Improved AHP Method and Its Application in Risk Identification. Journal of Construction Engineering and Management, 139(03), 312–20.
Lin, Y and Ho, S P (2013) Impacts of Governance Structure Strategies on the Performance of Construction Joint Ventures. Journal of Construction Engineering and Management, 139(03), 304–11.
Love, P E D, Wang, X, Sing, C and Tiong, R L K (2013) Determining the Probability of Project Cost Overruns. Journal of Construction Engineering and Management, 139(03), 321–30.
Lu, W, Liu, A M M, Rowlinson, S and Poon, S W (2013) Sharpening Competitive Edge through Procurement Innovation: Perspectives from Chinese International Construction Companies. Journal of Construction Engineering and Management, 139(03), 347–51.
- Type: Journal Article
- Keywords: Procurement; Innovation; International factors; Construction companies; Competition; China; Procurement innovation; International construction; Competitiveness; Construction companies; China;
- ISBN/ISSN: 0733-9364
- URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0000614
- Abstract:
The international construction business is witnessing a trend toward the delivery of projects through the adoption of innovative procurement systems that allow companies to gain competitive advantages and to potentially deliver enhanced value to society. Notably, Chinese companies are making steady inroads into the international construction market by enhancing competitiveness. However, little is known about how Chinese international construction companies (CICCs) perceive procurement innovation and how this factor may relate to their recent success. This research aims to fill the void based on interviews with nine CICC key decision makers and experts in this area. It is found that CICCs are gradually adopting procurement innovation as a competitive strategy. Although procurement innovation leads to competitive advantage in the long run, CICCs must pay the cost of entering a new market. Thus a “wait-and-see” attitude exists with respect to a long-term vision. Unlike the traditional win-lose competitive bidding system, competing through procurement innovation can lead to a larger, more suitable market presence. By succinctly describing the CICC story on the international market, this research not only provides CICCs themselves with insights into current procurement innovations existing within the construction sector but also enables other companies to understand the nature of CICCs with which they might compete or collaborate in the near future.
Zhang, P and Ng, F F (2013) Explaining Knowledge-Sharing Intention in Construction Teams in Hong Kong. Journal of Construction Engineering and Management, 139(03), 280–93.