Feng, L and Moodley, K (2008) Determinants of local responsiveness of fmncs in mainland China. In: Dainty, A (ed.) Proceedings of 24th Annual ARCOM Conference, 1-3 September 2008, Cardiff, UK.
Abstract
Recent regulations, associated with China’s accession to the World Trade Organisation (WTO), specifically Decree 113 and Decree 114, have largely changed the situation for foreign multinational construction companies (FMNCs) operating in mainland China. A field investigation has identified that local responsiveness is critical for FMNCs to survive and develop in the complicated and uncertain Chinese construction industry. Government policy, China-specific construction industrial factors and increasing competition intensity imposed by local competitors are recognized as the major determinants driving local responsiveness of FMNCs. This study has also examined that localisation of internal resources, establishment of local networks and cooperation or strategic alliances with local contractors and design institutes are the key local adaptation strategies for FMNCs operating in mainland China.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | emerging market; international construction; local responsiveness; multinational construction companies |
| Index terms: | construction industry, China, cooperation, local contractor, determinant, localization, local adaptation, government policy, regulation, investigation, international construction, competition, strategy, strategic alliance, World Trade Organization, emerging market, multinational construction company |
| Subjects: | urban planning, psychology, public policy, economic analysis, institutional frameworks, strategic management, risk assessment, data collection methods, practitioner, urban sustainability, market analysis, partnership management, industry analysis, political science, management, Geography |
| Topics: | Organizational Design, International Construction, Urban Studies, Governance, Stakeholder Management, Roles and Professions, Risk Management, Geographical Context, Research Practice, Business Strategy |
| 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