Competitiveness and Performance Measurement in the Construction Industry
Abstract
During the last decades, the international environment of the construction industry has been modified by new technologies and communications, fast transport; integrated markets, and free trade agreements. However, a persistent global particularity of companies and projects in this industry is that they tend to have low productivity that generates delays and cost overruns that show low competitiveness. The purpose of this paper is to review the status of research on competitiveness and performance measurement in the construction industry. For this purpose, the detailed analysis of 51 articles was used through the different databases available, such as: SCOPUS, EBSCO and Emerald Insight, also used pages from open scientific communities such as Researchgate. This analysis establishes that, in the construction industry, the lack of a consensus definition of competitiveness has not prevented researchers and senior management from measuring it indirectly through different performance measurement systems mainly those based on competitiveness factors and indicators. However, there is still insufficient evidence of the correlation between competitiveness and performance measurement in this industry, so more research and / or models that provide greater certainty are necessary.
Keywords
Full Text:
PDF (SPANISH)References
Altomonte, C., Aquilante, T., y Ottaviano, G. I. P. (2012). The Triggers of Competitiveness. Bruegel, Brussels.
Bobba F., Langer W., y Pous J.W. (1971). Bericht über die Wettbewerbsfähigkeit der Europäischen Gemeinschaft. Brussels.
Buckley P. J., Pass C. L., y Prescott K. (1988). Measures of International Competitiveness: A Critical Survey. Journal of Marketing Management, 4(2), 175–200.
Chan, A., y Chan, A. P. L. (2004). Key performance indicators for measuring construction success. Benchmarking: an International Journal, 11 (2), 203-221.
Deng, F., Liu, G., y Jin, Z. (2013). Factors Formulating the Competitiveness of the Chinese Construction Industry: Empirical Investigation. Journal of Management in Engineering, 29(4), 435–445.
Flanagan, R., Jewell, C. A., Ericsson, S. y Henricsson, P. (2005). Measuring construction competitiveness in selected countries. The Research Team at the University of Reading, Reading, Berkshire.
Flanagan, R., Lu, W., Shen, L., y Jewell, C. (2007). Competitiveness in construction: A critical review of research. Construction Management and Economics, 25(9), 989–1000.
Fox, P., y Skitmore, M. (2007). Factors facilitating construction industry development. Building Research and Information, 35(2), 178–188.
Gregori, T., y Pietroforte, R. (2015). An input-output analysis of the construction sector in emerging markets. Construction Management and Economics, 33(2), 134–145.
Gundes, S., y Aydogan, G. (2016). Bibliometric analysis of research in international construction. Canadian journal of civil engineering, 43(4), 304–311.
IMD. (2017). IMD WORLD DIGITAL COMPETITIVENESS RANKING 2017. Retrieved June 22, 2018, from https://www.imd.org/globalassets/wcc/docs/release-2017/world_digital_competitiveness_yearbook_2017.pdf
Krugman, P. (1994). Competitiveness: A Dangerous Obsession. Foreign Affairs, 73(Issue 2), 28–44.
Lu, W. (2006). A System for Assessing and Communicating Contractors´ Competitiveness (Doctoral Thesis). The Hong Kong Polytechnic University, Hong Kong.
Ofori, G. (2003). Frameworks for analysing international construction. Construction Management and Economics, 21(4), 379–371.
Orozco, F. A., Serpell, A. F., Molenaar, K. R., y Forcael, E. (2014). Modeling Competitiveness Factors and Indexes for Construction Companies: Findings of Chile. Journal of Construction Engineering and Management, Vol. 140.
Orozco, F., Serpell, A., y Molenaar, K. (2011). Competitiveness factors and indexes for construction companies: findings of Chile. Revista de la Construcción, 10(1), 91–107.
Porter, M. E. (2008). The Five Competitive Forces that Shape Strategy. Harvard Business Review, 86(January), 78–94.
Porter M.E. (1990). The Competitive Advantage of Nations. The Free Press, New York.
Siudek, T., y Zawojska, A. (2014). Competitivenes in the economic concepts, theories and empirical research. Oeconomia, 13(1), 91–108.
Stojanovska, S., Kar, R., y Bhasin, N. (2017). The Institutional Determinate of Competitiveness: survey of selected emerging and EU countries. Journal of Sustainable Development, 7(17), 31–50.
Takim, R., y Akintoye, A. (2002). Performance Indicators for Successful Construction Project. 18th Annual ARCOM Conference, 2–4 September 2002, University of Northumbria, Association in Construction Management, 2(September), 545–555.
Turner y Townsend. (2017). International construction market survey 2017. In Turner & Townsend.
WEF. (2017). The Global Competitiveness Report 2016–2017. Retrieved June 22, 2018, from https://www.weforum.org/reports/the-global-competitiveness-report-2016-2017-1.
Ye, K., Lu, W., y Jiang, W. (2009). Concentration in the international construction market. Construction Management and Economics, 27(12), 1197–1207.
Yeung, J. F. Y., Chan, A. P. C., Chan, D. W. M., Chiang, Y. H., y Yang, H. (2013). Developing a Benchmarking Model for Construction Projects in Hong Kong. Journal of Construction Engineering and Management, 139(6), 705–716.
Refbacks
- There are currently no refbacks.
