Male, S and Mitrovic, D (1999) Trends in world markets and the LSE industry. Engineering, Construction and Architectural Management, 6(1), pp. 7-20. ISSN 0969-9988
Abstract
The Large Scale Engineering (LSE) industry operates in a global market place and during recent years it has been the scene of major political and economic changes resulting in increasing market pressures. The paper outlines findings from Workpackage 1 of the European Union funded Esprit eLSEwise project. The eLSEwise project has an objective of contributing to improving the competitiveness of the European LSE industry. The paper focuses principally on trends in the LSE global industry market place and the challenges facing European LSE contractors in adapting to these changes. The paper outlines the research methodology; world market trends and LSE industry structure; critical success factors and enablers for LSE projects; the forces shaping the LSE industry and the necessary contractors' core competencies and competitive advantages for continued success.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | core competency; competitive advantage; globalization; international construction; large scale engineering |
| Index terms: | globalization, critical success factor, research methodology, international construction, competitiveness, markets, competitive advantage, European Union |
| Subjects: | control systems, research design and methodology, strategic management, economic analysis, physical geography and landforms, economic factors, market analysis |
| Topics: | International Construction, Research Practice, Project Management, Geographical Context, 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