Kang, J; Cheah, C Y J and Chew, D A S (2005) Strategic analysis of large chinese construction enterprises. In: Khosrowshahi, F (ed.) Proceedings of 21st Annual ARCOM Conference, 7-9 September 2005, London, UK.
Abstract
The concept of competitive advantage has been widely studied in the academic field and applied to various industries in many western countries. However, practical cases and empirical findings related to the Chinese construction industry remain lacking. To help construction enterprises in China identify and structure critical sources of competitive advantage, this research aims to build a conceptual model based on findings gathered from a series of case studies. Relationships among the variables within the model are subsequently verified and refined through statistical analyses of survey results, which are obtained separately. The conceptual model combines two main streams of strategic management theories - industrial organization theory and resource-based view. The case studies consist of 11 large Chinese construction companies and the survey has a sample size of 54 valid responses. In the model, it is postulated that there are two major sources of competitive advantage: competitive strategy and imperative resources and competencies (iRC). Furthermore, these variables interact with one another. In this paper, the conceptual model and selected findings are presented. The analytical results show that two competitive strategies - differentiation and market/product diversification, directly affect firm performance as measured by sales growth and profit growth.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | China; construction industry; competitive advantage; resource-based view; strategy |
| Index terms: | competitive advantage, resource-based view, industrial organization, case study, strategy, firm performance, sample size, profit, statistical analysis, construction company, survey, stream, strategic management, diversification, differentiation, competitive strategy, construction industry, China, strategic analysis |
| Subjects: | economic analysis, data science, business, organization, research design and methodology, data collection methods, market analysis, industry analysis, business analysis, management, water management, Geography |
| Topics: | Business Strategy, Geographical Context, Research Practice, Sustainability, Organizational Design |
| Descriptive scope: | 5 PCTEA |
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