Tetteh, M O; Chan, A P C; Darko, A; Torku, A and Nani, G (2021) Critical barriers to international construction joint ventures success: Multiexpert views and contextual disparities. Journal of Construction Engineering and Management, 147(8): 04021081, ISSN 0733-9364
Abstract
International construction joint ventures (ICJVs) have evolved as an effective approach to sustainable development, given their myriad socioeconomic and environmental benefits. Despite the benefits, the successful implementation of ICJVs is still hindered by several barriers. However, limited studies exist that have comprehensively analyzed the critical barriers to ICJV success. This study aims to examine the criticality of barriers to ICJV success. Through a comprehensive literature review, 36 barriers were identified, and an expert survey was conducted with 123 ICJV experts from 24 different countries/jurisdictions around the world. The results confirmed the criticality of 22 of the 36 barriers used for the survey. Most of the critical barriers were attributed to lack of attention to management and organizational issues during ICJV implementation. In developed countries, the leading barriers are more collective (from the ICJV) than from individual partners; the reverse is rather true in developing countries. Mann-Whitney U test results showed some significant differences in the rankings of the barriers between the two contexts. Moreover, there was significant agreement on the ranking of the critical barriers between experts from the industrial sector and those from the academic sector. Five components were obtained through factor analysis, namely, knowledge limitations, operational and governance-related barriers, coordinating difficulties, system and cultural barriers, and interface-oriented and outlook barriers. This study contributes to deepening the understanding of barriers to ICJV success and helping ICJV front-liners (i.e., top team managers) and policymakers in developing suitable measures and policies to ensure successful implementation of ICJVs. It could also direct researchers toward examining the influences of these barriers on ICJVs' overall performance goals to devise clear-cut frameworks, seeking their successful implementation in the future.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | barriers; international construction joint ventures; international joint ventures; sustainable development |
| Index terms: | developed country, developing country, manager, survey, jurisdiction, literature review, sustainable development, international construction, factor analysis, organizational issue, disparity, implementation, governance, joint venture |
| Subjects: | practitioner, business, strategic management, data collection methods, data analysis and analytics, contractual arrangements, legal systems, development economics, health safety and environment, statistical analysis, social justice |
| Topics: | Organizational Design, International Construction, Ethics, Legal Issues, Governance, Procurement, Roles and Professions, Research Practice, Health and Safety, Business Strategy |
| Descriptive scope: | 4 PCEA |
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