Bos-de Vos, M (2018) Open for business: Project-specific value capture strategies of architectural firms. PhD thesis, Delft University of Technology, Netherlands.
Abstract
Architectural firms can be regarded as creative professional service firms. As such, architects need to navigate creative, professional and commercial goals, while simultaneously attempting to fulfil client, user and societal needs. This complex process is becoming increasingly difficult, as the historically established role of architects has become more blurred, contested and heterogeneous. While attempting to reclaim their role or to take on new roles in collaborations with other actors, architectural firms are challenged to develop business models that are financially viable and professionally satisfactory. These business models need to facilitate firms in capturing both financial and professional value in co-creation processes, and they must also suit the project-based structure of the firm. This research contributes insights into how firms might capture multiple dimensions of value in project-based work. It generates new perspectives on processes of organizational value capture and business model design, and provides concrete, practical insights into the difficulties of and opportunities involved in value capture by creative professional service firms.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Thesis advisor: | Wamelink, J W F; Lauche, Kristina and Volker, L |
| Uncontrolled Keywords: | architectural practice; business models; value creation; professional services; project management |
| Index terms: | co-creation, collaboration, value capture, professional service firm, organizational value, architectural practice, architectural firm, architect, dimension, strategy, professional service, business model, value creation, becoming, project management |
| Subjects: | management, business models, business, philosophical process, design process, organization, health monitoring assessment and metrics, economic development, project management theory and practice, profession |
| Topics: | Organizational Design, Design Practice, Roles and Professions, Project Management, Health and Safety, Sustainability, Research Practice, Business Strategy |
| Descriptive scope: | 2 PC |
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