ARCOM

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Kreitl, G and Oberndorfer, W J (2004) Motives for acquisitions among engineering consulting firms. Construction Management and Economics, 22(07), 691-700.

Leung, M-Y, Chong, A, Ng, S T and Cheung, M C K (2004) Demystifying stakeholders' commitment and its impacts on construction projects. Construction Management and Economics, 22(07), 701-5.

Low, S P, Jiang, H and Leong, C H Y (2004) A comparative study of top British and Chinese international contractors in the global market. Construction Management and Economics, 22(07), 717-31.

Type: Journal Article
Keywords: International construction; firms; performance; Great Britain; China
ISBN/ISSN: 0144-6193
URL: https://doi.org/10.1080/0144619042000202780
Abstract:
While British contractors have one of the longest history and experience in the international construction market, Chinese contractors are relative newcomers where the global market is concerned. This study compares the performance of top British and Chinese contractors based on the OLI+S model, which incorporates the ownership (O), locational(L), internalization (I) and specialty (S) factors. The study suggests that the international involvement of top British contractors has declined from a peak in 1996, while that of the top Chinese contractors has grown steadily since the 1980s. All the OLI+S advantages of top British construction firms were higher than those of their Chinese counterparts even though the number of Chinese construction firms ranked in the top 225 international contractors by the US-based Engineering News Record was higher than that of the British firms. This study further recommends that the internalization and specialty advantages of top British firms and some of the ownership advantages of top Chinese firms may provide them with opportunities to work together in many areas.

Nordvik, V and Lisø, K R (2004) A primer on the building economics of climate change. Construction Management and Economics, 22(07), 765-75.

Poon, C S, Yu, A T W, Wong, S W and Cheung, E (2004) Management of construction waste in public housing projects in Hong Kong. Construction Management and Economics, 22(07), 675-89.

Robinson, H S, Carrillo, P M, Anumba, C J and Al-Ghassani, A M (2004) Developing a business case for knowledge management: the IMPaKT approach. Construction Management and Economics, 22(07), 733-43.