Pietroforte, R and Tangerini, P (1999) From boom to bust: The case of Italian construction firms. Construction Management and Economics, 17(4), pp. 419-425. ISSN 01446193
Abstract
The characteristics of the Italian construction market and firm operations are reviewed. The analysis focuses on the environments of the late 1980s and early 1990s, during which major scandals and economic recession ended a business paradigm based on closed competition. Discussion builds upon a study of the market positioning of the 50 largest firms during the period under consideration that reflects the state industrial policy over the years. Long term transformations of the market require firms to develop new organizational capabilities and to shift their corporate focus from a production to a service orientation in order to remain competitive.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | competitive environments; construction firms; contracting system; Italy; market positioning; public procurement |
| Index terms: | market positioning, recession, construction market, paradigm, industrial policy, organizational capability, transformation, Italy, competition, construction firm |
| Subjects: | Geography, sociology, organization, market analysis, economic analysis, education and knowledge transfer, business |
| Topics: | Research Practice, Organizational Design, Business Strategy, Governance, Geographical Context |
| Descriptive scope: | 3 PCT |
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