Procurement, Innovation and Competitiveness in the Construction Industry

De Valence, G

Procurement, Innovation and Competitiveness in the Construction Industry

De Valence, G

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Publisher:: Centre for Interdisciplinary Built Environment Research
Publication Type:: Conference Proceeding
Citation:: Building Across Borders Built Environment Procurement, 2007, pp. 326 - 334
Issue Date:: 2007-01

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Field	Value	Language
dc.contributor.author	De Valence, G https://orcid.org/0000-0002-0619-8033	en_US
dc.contributor.editor	London, K	en_US
dc.contributor.editor	Thayarapen, G	en_US
dc.contributor.editor	Chen, J	en_US
dc.date	2007-09-23	en_US
dc.date.issued	2007-01	en_US
dc.identifier.citation	Building Across Borders Built Environment Procurement, 2007, pp. 326 - 334	en_US
dc.identifier.uri	http://hdl.handle.net/10453/7511
dc.description.abstract	The implications for analysis of innovation in construction of theoretical developments in industrial organisation are considered in this research, as an attempt to outline a new approach to construction innovation incorporating the implications of knowledge based, technology centred models. The paper firstly summarises characteristics of the construction industry, focusing on their effects on innovation, before surveying some of the ideas about the sources of innovation and the expansion and application of knowledge. Construction can be seen as an industry with limited scope for knowledge externalities, where the procurement methods used by the industryâs clients do not pay for innovation. The following discussion uses recent developments in the theory of industrial organization, such as research intensity and the theory endogenous sunk costs in competitive, fragmented, low research intensity industries. Then the effects on R&D from industry structure and procurement methods are highlighted. The paper concludes that the procurement methods used for building and construction projects appears to have been a determining factor in the level of innovation in the construction industry.	en_US
dc.publisher	Centre for Interdisciplinary Built Environment Research	en_US
dc.relation.ispartof	Building Across Borders Built Environment Procurement	en_US
dc.relation.ispartof	International Council for Research and Innovation in Building and Construction (CIB) Meetings, Workshops, Symposia, Conferences	en_US
dc.title	Procurement, Innovation and Competitiveness in the Construction Industry	en_US
dc.type	Conference Proceeding
utslib.location	University of Newcastle, Australia	en_US
utslib.location.activity	Hunter Valley Gardens	en_US
utslib.for	1202 Building	en_US
dc.location.activity	Hunter Valley Gardens	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/e-Press
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
utslib.copyright.status	closed_access
pubs.consider-herdc	true	en_US
pubs.place-of-publication	University of Newcastle, Australia	en_US
pubs.start-date	2007-09-23	en_US

Abstract:

The implications for analysis of innovation in construction of theoretical developments in industrial organisation are considered in this research, as an attempt to outline a new approach to construction innovation incorporating the implications of knowledge based, technology centred models. The paper firstly summarises characteristics of the construction industry, focusing on their effects on innovation, before surveying some of the ideas about the sources of innovation and the expansion and application of knowledge. Construction can be seen as an industry with limited scope for knowledge externalities, where the procurement methods used by the industryâs clients do not pay for innovation. The following discussion uses recent developments in the theory of industrial organization, such as research intensity and the theory endogenous sunk costs in competitive, fragmented, low research intensity industries. Then the effects on R&D from industry structure and procurement methods are highlighted. The paper concludes that the procurement methods used for building and construction projects appears to have been a determining factor in the level of innovation in the construction industry.

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http://hdl.handle.net/10453/7511