Capabilities-Based Forecasting Model for Innovation Development in Small-and-Medium Construction Firms (Smcfs)

Chen, Wang; Lee, Yee Lin; Yap, Jeffrey Boon Hui; Abdul‐Rahman, Hamzah

doi:10.3846/jcem.2018.1626

Cited by 10 publications

(11 citation statements)

References 80 publications

(136 reference statements)

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“…A total of 300 questionnaires were distributed via emails, and 110 valid questionnaires were returned, yielding 36.7 per cent response rate. This is comparable to other Malaysian studies collecting data from the construction industry such as Yap and Lock (2017) – 39.6 per cent (107 responses collected) and Wang et al (2018) – 26.8 per cent (157 responses collected). Likewise, Bagaya and Song's (2016) study on construction delay factors in Burkino Faso distributed 200 questionnaires to collect 140 valid responses.…”

Section: Methodssupporting

confidence: 82%

Investigating the principal factors impacting knowledge management implementation in construction organisations

Yap

Toh

2019

JEDT

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Purpose Knowledge management (KM) is crucial to ensure construction organisations effectively take advantage of existing expertise, engendering faster and more effective decision-making. Most importantly, it helps organisations to learn from past experiences. Despite its increasing academic attention, the implementation of KM is still relatively slow across the construction industry. Therefore, the purpose of this study is to gain a renewed understanding of the extent of KM practices in construction. Design/methodology/approach Quantitative approach using a questionnaire survey was used to prioritise the 15 critical factors and 9 enables of knowledge creation. Finally, an exploratory factor analysis is used to determine the principal elements of successful KM implementation in construction. Findings KM in a construction organisation is significantly influenced by knowledge sharing, collaboration, learning from mistakes, employee training and knowledge strategy. On the other hand, knowledge is created mostly through project mistakes, individual constant self-improvement, challenging barrier, review session and brainstorming discussion. With factor analysis technique, three underlying factors impacting KM practices are capacity and capability improvement, long-term commitment and innovation and synergetic working culture. Research limitations/implications Questionnaire survey was used as the single data collection instrument. The findings of the current study shed light on the salient issues affecting KM practices in construction but may not generalise to organisations operating in other industries. Practical implications These findings can support first-order KM implementation decision-making and enable the exploitation of existing knowledge assets towards achieving sustainable development and competitive advantage. Originality/value Effective KM practices are about finding the best ways to deliver the right knowledge to the right person at the right time, enabling informed decision-making and improving operational efficiencies. The contribution of this study is built upon the examination of the underlying factors of KM implementation; the findings provide insights into the core aspects of KM practices, facilitating managers in prioritising KM strategies that are really going to make a difference.

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Section: Methodssupporting

confidence: 82%

Investigating the principal factors impacting knowledge management implementation in construction organisations

Yap

Toh

2019

JEDT

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“…Platform GSD configured the integration of environment and human resources (Pang et al, 2019), packing the demand for local products and services, increasing the training activities so that they participate in integrating the value of services towards long-term economic stability (Giray et al, 2019),, (C. Wang et al, 2018).. As in SDL's perspective that in creating a green service-scape tourist destination rely heavily on service value co-creation activities, that the value of an innovation "is not only what is produced by the producer as output but how the producer or company can serve better" (Vargo, 2018). Service value creation is more transactional and cooperation (Ballantyne & Varey, 2018), (Tutuba et al, 2019).. GSD focuses on impact-oriented services (Colavitti, USAI, & Serra, 2018).…”

Section: Definitionmentioning

confidence: 99%

Re-Investigating the Roles of Green Service-scape to Improve Tourism Performance Marketing Service Dominant Logic Perspective: A Literature Review

Simanjuntak

Banjarnahor

2021

Quant. Econ. Manag. Stud.

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This study aims to investigate previous research on the co-creation of Green Service-scape Destination (GSD) specifically concerning definitions, theories used, research themes, methodologies, and contexts; studied in accordance with the perspective of Service Dominant Logic (SDL). This study used bibliometric analysis and used Publish or Perish software with Google Scholar as the database. A total of 183 articles published in 122 journals from 2010 to 2020 were selected. This study used systematic data to reveal trends in development markets and qualitative inductive analysis to define relevant themes within the topic. Search results according to keywords, found that the total number of research articles there are 1246, with the most cites themed SDL totally 910. This study provides future directions for research on GSD. GSD generates increased variety of tourist needs through proactive green innovation activities in efforts to adjust services. GSD provides improved methods, types, quality and service design with green environmental conditions, resources and service provider corporate support. To get the maximum advantage of layout and atmosphere is given added value through Innovation. This study reveals trends in co-creation GSD and sustainable marketing performance has the potential to generate job opportunities, empower resources effectively and strategically, increase social expectations and awareness, improve the economy and meet the needs of destinations and the sustainability of a value chain.

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“…Dlungwana & Rwelamila (2003: 3) identified the key features of small-sized contracting firms as largely unregistered, operation in the informal sector of the economy, hardly any formal business systems, largest percentage of total contractors, and very few permanent staff, usually less than ten employees. Besides, the ownership structure is less complex (Hussain & Abdul Hadi, 2018: 21), and capabilities for innovation are relatively low (Martínez-Román, Tamayo & Gamero, 2017;Wang et al, 2018). The nature of contracts executed by small and medium-sized construction firms includes substantial maintenance works, refurbishment, and housing construction projects, which are carried out under lump-sum contract and through open tender procedure (Wasi et al, 2001).…”

Section: Characteristics Versus Project Performance Of Construction Fmentioning

confidence: 99%

“…This means that they could handle more complex construction projects to a satisfactory level of performance, as asserted by Ibrahim et al (2014). Nonetheless, the firms' equipment capacity must be improved, because construction activities are becoming complicated, complex and advanced, due to new innovations and technology (Wang et al, 2018). The average years of incorporation of the firms are estimated at 15 years and 19 years for small and medium-sized firms, respectively.…”

Section: Characteristics Of Small and Medium-sized Construction Firmsmentioning

confidence: 99%

“…While the contribution of small and medium-sized construction firms could be far-reaching in economic development through job creation and gross domestic product (GDP) growth, by improving their delivery capacity (Onugu, 2005: 2;Ogunsemi & Jagboro, 2006: 255;Ilori, 2017: 25), empirical studies on the competitiveness review of this category of firms are generally lacking in Nigeria. Moreover, construction management studies (for example, Ahadzie, 2007;Ihua & Siyanbola, 2012;Odediran, Adeyinka, Opatunji & Morakinyo, 2012;Wang, Lee, Yap & Abdul-Rahman, 2018) focusing on critical project performance indicators have not correlated the possible impact of construction firm size to performance. In this regard, the understanding of the profile of small and medium-sized construction firms and how their characteristics define the type of projects they execute, as well as the time and cost performance of the projects would be highly imperative to put the capacities of the firms into focus.…”

Section: Introductionmentioning

confidence: 99%

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Performance analysis of small and medium-sized construction firms in Oyo State, Nigeria

Abosede

Opawole

Babalola

et al. 2019

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This article examines time and cost performance of projects executed by small and mediumsized construction firms with a view to enhancing the firms' capabilities. The study adopted a quantitative descriptive analysis based on primary and archival data. Sixty-eight (68) valid questionnaires obtained from top managers of the firms provided primary quantitative data for the assessment. Secondary data were collected on the initial and final contract sums as well as on the initial and completion times of 184 public projects executed by the firms. Data collected were analysed using descriptive analysis. The findings indicated that the small firms specialised in general building works, while the medium-sized firms specialised in civil works, in addition to general building works. Project values in the case of small construction firms ranged between N1 million and N50 million, while those of medium-sized construction firms ranged between N51 million and N100 million. The performance index (PI) of the projects executed by the firms showed a general underperformance level. Approximately respectively, had cost performance index (CPI) at budget level (CPI = 1). Meanwhile, 37.42% of the projects executed by the small firms and 24.13% of those executed by medium-sized firms were completed as planned, that is, they had schedule performance index (SPI = 1). The article provides implications for understanding the influence of the construction firms' profile in relation to their PI that could assist in the capability development of small and mediumsized construction firms.

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Capabilities-Based Forecasting Model for Innovation Development in Small-and-Medium Construction Firms (Smcfs)

Cited by 10 publications

References 80 publications

Investigating the principal factors impacting knowledge management implementation in construction organisations

Investigating the principal factors impacting knowledge management implementation in construction organisations

Re-Investigating the Roles of Green Service-scape to Improve Tourism Performance Marketing Service Dominant Logic Perspective: A Literature Review

Performance analysis of small and medium-sized construction firms in Oyo State, Nigeria

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