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Conference Paper: Procurement innovation: perspectives from Chinese international construction companies

TitleProcurement innovation: perspectives from Chinese international construction companies
Authors
KeywordsProcurement innovation
International construction
Competitiveness
Construction companies
China
Issue Date2011
PublisherEngineering Project Organizations.
Citation
The 2011 Engineering Project Organizations Conference, Estes Park, CO., 9-11 August 2011. How to Cite?
AbstractThe international construction business is witnessing a trend that companies deliver projects through the adoption of innovative procurement systems (e.g. Building Operate Transfer, Public Private Partnership). By devising innovative procurement systems, it is possible to realise construction projects that are difficult for traditional procurement methods, to develop competitive advantages for companies, and ultimately, to deliver value to the society. Notably, Chinese companies are making impressive inroads into the international construction market through enhancing their competitiveness. However, little we know about how Chinese international construction companies (CICCs) perceive procurement innovation and how it relates to their recent success. This research aims to capture their perspectives towards procurement innovation by interviewing nine key decision-makers of CICCs and experts in this area. It is found that CICCs are gradually adopting procurement innovation as a competitive strategy. Unlike the traditional life-or-death competition, competing through procurement innovation can make more projects possible; the emergence of CICCs, in particular their strengths, can be encouraged to deliver more projects and value in the international construction market. This research not only provides CICCs with insights into the procurement innovations in the construction sector, but also enables other companies to know CICCs with which they might compete or collaborate in the near future.
Persistent Identifierhttp://hdl.handle.net/10722/206132

 

DC FieldValueLanguage
dc.contributor.authorLu, Wen_US
dc.contributor.authorRowlinson, Sen_US
dc.contributor.authorLiu, AMMen_US
dc.contributor.authorPoon, SWen_US
dc.date.accessioned2014-10-20T12:46:07Z-
dc.date.available2014-10-20T12:46:07Z-
dc.date.issued2011en_US
dc.identifier.citationThe 2011 Engineering Project Organizations Conference, Estes Park, CO., 9-11 August 2011.en_US
dc.identifier.urihttp://hdl.handle.net/10722/206132-
dc.description.abstractThe international construction business is witnessing a trend that companies deliver projects through the adoption of innovative procurement systems (e.g. Building Operate Transfer, Public Private Partnership). By devising innovative procurement systems, it is possible to realise construction projects that are difficult for traditional procurement methods, to develop competitive advantages for companies, and ultimately, to deliver value to the society. Notably, Chinese companies are making impressive inroads into the international construction market through enhancing their competitiveness. However, little we know about how Chinese international construction companies (CICCs) perceive procurement innovation and how it relates to their recent success. This research aims to capture their perspectives towards procurement innovation by interviewing nine key decision-makers of CICCs and experts in this area. It is found that CICCs are gradually adopting procurement innovation as a competitive strategy. Unlike the traditional life-or-death competition, competing through procurement innovation can make more projects possible; the emergence of CICCs, in particular their strengths, can be encouraged to deliver more projects and value in the international construction market. This research not only provides CICCs with insights into the procurement innovations in the construction sector, but also enables other companies to know CICCs with which they might compete or collaborate in the near future.-
dc.languageengen_US
dc.publisherEngineering Project Organizations.-
dc.relation.ispartofEPOS Working Paper Proceedingsen_US
dc.rightsAuthor owns CopyRight-
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.subjectProcurement innovation-
dc.subjectInternational construction-
dc.subjectCompetitiveness-
dc.subjectConstruction companies-
dc.subjectChina-
dc.titleProcurement innovation: perspectives from Chinese international construction companiesen_US
dc.typeConference_Paperen_US
dc.identifier.emailLu, W: wilsonlu@hku.hken_US
dc.identifier.emailRowlinson, S: hrecsmr@hku.hken_US
dc.identifier.emailLiu, AMM: ammliu@hku.hken_US
dc.identifier.emailPoon, SW: swpoon@hkucc.hku.hken_US
dc.identifier.authorityLu, W=rp01362en_US
dc.identifier.authorityRowlinson, S=rp01020en_US
dc.identifier.authorityLiu, AMM=rp01432en_US
dc.identifier.authorityPoon, SW=rp01017en_US
dc.description.naturepublished_or_final_version-
dc.identifier.hkuros241305-
dc.publisher.placeUnited States-

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