An international competitiveness evaluation model in the global construction industry

Han, Jae-Goo; Park, Hwan-pyo; Ock, Jongho; Jang, Hyoun-Seung

doi:10.1007/s12205-012-0486-z

Cited by 19 publications

(13 citation statements)

References 2 publications

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“…Low wages and high number of workers represent cheap labor and labor abundance, implying a possible motive for expansion of the industry and therefore high competitiveness (Brown and Sessions 2001; Pizer 2000; Sardy and Fetscherin 2009). Some studies also showed that high productivity captures high competitiveness of the industry (Daniel 2000; Han et al 2015). As variables for advanced factor conditions, (4) R&D expenditures were selected as a proxy for future growth and innovation of the industry.…”

Section: Methodology and Datamentioning

confidence: 99%

A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry

Pham

2016

SpringerPlus

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Garment and textile (G&T) industry has been playing as a driving force for the socio-economic development of Vietnam. With the international integration process and rising challenges from the global market, there is a need to examine international competitiveness of Vietnam’s G&T industry to find out what Vietnam should focus on to enhance its position in the global market place. This paper, by using the Generalized Double Diamond Model (GDDM), analyzed international competitiveness of Vietnam’s G&T industry and compared it with China. The results showed that Vietnam was less competitive than China in all four attributes of the GDDM. The lowest competitiveness of Vietnam in comparison with China was Related and Supporting industries, followed by Factor Conditions. Therefore, the paper argued that although Vietnam should improve all of the four attributes in the long term, Vietnam must put a high priority on developing Related and Supporting Industries and then enhance Factor Conditions while maintaining its strengths over China in terms of G&T export growths and favorable business context.Electronic supplementary materialThe online version of this article (doi:10.1186/s40064-016-1912-3) contains supplementary material, which is available to authorized users.

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Section: Methodology and Datamentioning

confidence: 99%

A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry

Pham

2016

SpringerPlus

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“…Porter (1990) proposed a diamond model and expressed that competitiveness depended on productivity. Afterwards, many studies have been conducted on international competitiveness in the construction industry, focusing on the competitiveness evaluation model and indicators (Li et al, 2017;Gunhan & Arditi, 2005;Han et al, 2015), competitiveness strategy (Yan, 2017) and so on. For example, Russell and Skibniewski (1988) announced that contractors' competitive strength should include qualification, reputation, performance, finance, operation and technology.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Han et al (2010) noted that successful international contractors increased their turnover by changing regional markets and improved competitiveness by stabilizing revenue structure with diverse products. Additionally, Han et al (2015) studied international contractors' competitiveness indicators using the McKinsey matrix. The indicators can be divided into two parts: construction industry competitiveness (market risk factors) and construction business strength (technology, finance, image and other factors).…”

Section: Literature Reviewmentioning

confidence: 99%

“…Competition under diverse construction standards is a challenge that Chinese contractors face when entering the international market, but few relevant studies have considered the relationship between ICS application capability and contractors' competitiveness. At present, some studies have addressed the competitiveness of contractors, including competitiveness evaluation models (Han et al, 2015), competitiveness strategy analysis (Yan, 2017), and the impact of environmental activities on international competitiveness (Tan et al, 2015). Deng et al (2013) utilized the Porter diamond model to analyze the factors influencing the competitiveness of developing countries in the international construction market, including a stable domestic market, supply chain management, enterprise management practice, qualified professionals, satisfactory business environment and labor force.…”

Section: Introductionmentioning

confidence: 99%

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The Impact of the International Construction Standard Application Capability on Contractors’ Competitiveness: Chinese Contractors’ Experience

Chen

2020

Journal of Civil Engineering and Management

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The application capability of international construction standards (ICS) has become a necessary element for the success of contractors in the international market. However, there is a lack of quantitative analysis of the impact of ICS application capability on contractors’ competitiveness. This paper aims to explore the driving paths between them. The authors divided the competitiveness indicators into market performance indicators and image performance indicators and developed a standard application capability measurement scale based on five dimensions (knowledge learning, talent guarantee, technical support, relationship management and organization guarantee). Then, a structural equation model (SEM), in which project performance was regarded as a mediator variable, was established to investigate the path and intensity of ICS application capability on contractors’ competitiveness. A questionnaire was distributed to the project personnel of Chinese contractors engaged in international projects, and 174 valid questionnaires were collected. The results show that 1) relationship management and technical support have a direct driving effect on the competitiveness of contractors; 2) talent guarantees and organization guarantees affect contractors’ competitiveness through project performance. This study can remind contractors of the importance of the ICS application capability and the weakness of ICS application. Additionally, it will ultimately help contractors adjust their competitiveness strategies.

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“…e first kind of assets capability, enterprise assets, is the fundamental source of enterprise competitiveness, including human, financial, and material, especially for HSR contractors; enterprise assets are the basis for product production, and product innovation is indicated by the total assets and employees [58]. Profitability of the enterprise, to a large extent, reflects the competitiveness of the enterprise and indicates the position of enterprises in the market and the potential of future development, so it is indicated by the revenue and total profit [58,59]. Solvency is the key factor to determine the competitiveness of listed companies, which can effectively reflect the rationality of enterprise asset structure and risk control ability and is indicated by the asset-liabilities ratio and current ratio [60].…”

Section: Competitiveness Evaluation Indices System For Railmentioning

confidence: 99%

A Grey‐BPNN Model for Evaluating the Competitiveness of Chinese Contractors in the High‐Speed Rail Market in Europe

Lin

Shi

Chen

et al. 2019

Advances in Civil Engineering

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With the planning and progress of the construction of the trans-Eurasian high-speed rail (HSR) network, it becomes an important issue for Chinese contractors to enter the European HSR market. Facing the world's most competitive contractors and their high technology levels, Chinese contractors will need to know their advantages and disadvantages, so as to make necessary improvements. In this study, contractors for HSR are divided into two groups: construction contractors and rail equipment suppliers. In order to evaluate the competitiveness of HSR contractors, a Grey-BPNN model that combines the grey relational analysis and backpropagation neural network (BPNN) is proposed. e Grey-BPNN model is expected to analyze the overall competitiveness of Chinese contractors in the European HSR market and provide informative decision support for them. e study results show the following: (1) in the field of HSR construction, the competitiveness gap between the top-tier Chinese contractors and the most competitive international contractors is small. Chinese contractors' competitive advantages lie in medium-and low-technology-level projects, with a strong development potential. However, they highly depend on Chinese domestic market and lack in intangible resources, like management ability and market development ability; (2) for rail equipment suppliers, China Railway Rolling Stock Corporation (CRRC) ranks among the top-tier leaders of the international market. CRRC's greatest competitor in the European HSR market is Siemens, and CRRC is much more competitive than others in the sustainable development capability. However, CRRC needs to increase the quantity of patents and Research and Development (R&D) expenditures in transportation. As a weak transportation patent holder, CRRC has a potential risk of getting intellectual property litigations in the European HSR market.

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An international competitiveness evaluation model in the global construction industry

Cited by 19 publications

References 2 publications

A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry

A dynamic approach to assess international competitiveness of Vietnam’s garment and textile industry

The Impact of the International Construction Standard Application Capability on Contractors’ Competitiveness: Chinese Contractors’ Experience

A Grey‐BPNN Model for Evaluating the Competitiveness of Chinese Contractors in the High‐Speed Rail Market in Europe

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