Ziouziou, S and Murdoch, I J (2002) Internationalization: The repositioning of the Japanese construction industry. In: Greenwood, D (ed.) Proceedings of 18th Annual ARCOM Conference, 2-4 September 2002, Northumbria, UK.
Abstract
Positioning is of great strategic importance to large construction firms operating in major international markets. Many global companies have revised their strategies in order to increase their international revenues. Japanese construction firms, while generating large total turnover, do not appear to have followed this trend and whereas they dominate their large domestic market, they appear to be under-represented, relative to their size, in international markets. This paper aims firstly, to consider relevant theory of internationalization applied to construction, in particular two models devised by Seymour (1987), based on Dunning (1974,1977) and Sugimoto (1990) on the globalization of construction. Secondly, the paper seeks to establish the current extent of internationalization of Japanese construction firms. Here, the study will refer to work by Siehler (1999), who developed a global index for UK contractors, and make appropriate comparisons for the Japanese industry. Finally, the paper considers Japanese contractors position, relative to international competitors and domestic economics, and posits strategies which may increase their global activities.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | business strategy; globalization; international comparison; international markets; Japanese construction firms; positioning |
| Index terms: | construction industry, globalization, international market, strategy, business strategy, internationalization, revenue, construction firm, turnover, international comparison |
| Subjects: | development economics, management, economic factors, industry analysis, organization, business, economic analysis, data analysis and analytics, business management |
| Topics: | Business Strategy, Research Practice, International Construction |
| Descriptive scope: | 4 PCTA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here