Relationship between construction firm strategies and innovation outcomes

Manley, Karen, McFallan, Steve and Kajewski, Stephen (2009) Relationship between construction firm strategies and innovation outcomes. Journal of Construction Engineering and Management, 135 8: 764-771. doi:10.1061/(ASCE)CO.1943-7862.0000030


Author Manley, Karen
McFallan, Steve
Kajewski, Stephen
Title Relationship between construction firm strategies and innovation outcomes
Journal name Journal of Construction Engineering and Management   Check publisher's open access policy
ISSN 0733-9364
1943-7862
Publication date 2009-08
Sub-type Article (original research)
DOI 10.1061/(ASCE)CO.1943-7862.0000030
Open Access Status
Volume 135
Issue 8
Start page 764
End page 771
Total pages 8
Place of publication Reston, VA, United States
Publisher American Society of Civil Engineers
Language eng
Abstract Survey results provide a preliminary assessment of the relative contribution of a range of tactical business strategies to innovation performance by firms in the Australian construction industry. Over 1,300 firms were surveyed in 2004, resulting in a response rate of 29%. Respondents were classified as high, medium or low innovators according to an innovation index based on the novelty and impact of their innovations and their adoption of listed technological and organizational advances. The relative significance of 23 business strategies concerning (1) employees; (2) marketing; (3) technology; (4) knowledge; and (5) relationships was examined by determining the extent to which they distinguished high innovators from low innovators. The individual business strategies that most strongly distinguished high innovators were (1) investing in R&D; (2) participating in partnering and alliances on projects; (3) ensuring project learnings are transferred into continuous business processes; (4) monitoring international best practice; and (5) recruiting new graduates. Of the five types of strategies assessed, marketing strategies were the least significant in supporting innovation. The results provide practical guidance to managers in project-based industries wishing to improve their innovation performance.
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collection: School of Biological Sciences Publications
 
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Created: Thu, 03 Sep 2009, 07:47:33 EST by Mr Andrew Martlew on behalf of School of Engineering