Tailoring Competitive Advantages Derived from Innovation to the Needs of Construction Firms
Tailoring Competitive Advantages Derived from Innovation to the Needs of Construction Firms
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DOI：
10.1061/(asce)co.1943-7862.0000151
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发表时间：
2010-04
期刊：
影响因子：
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通讯作者：
Jay Na Lim;Jay Na Lim;F. Schultmann;F. Schultmann;G. Ofori;G. Ofori
中科院分区：
文献类型：
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作者：
Jay Na Lim;Jay Na Lim;F. Schultmann;F. Schultmann;G. Ofori;G. Ofori
Innovation is often classified as a cost intensive investment in the construction industry with indefinite returns. Due to the clients’ tendency to award projects based on the lowest costs, innovation is often seen as an unfeasible strategy toward the competitiveness that construction firms are seeking. This study questions whether it is indeed ineffective for construction firms to develop their competitive advantage through innovation. By the application of statistical data across 18 Organization for Economic Cooperation and Development (OECD) countries and expert interviews in Singapore, innovation systems models are developed for both manufacturing and construction firms, respectively. Through comparison of both models, the results suggest that the peculiarities of the construction industry deem innovation as a poor competitive instrument for direct profits. Instead, construction firms can develop their competitive advantage through manipulating innovations that consumers are willing to pay for and inn...
