Successful real estate development and the influence of culture within the Indonesian context

Hobart, Nigel P. (1995) Successful real estate development and the influence of culture within the Indonesian context The University of Queensland:

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Author Hobart, Nigel P.
Title of report Successful real estate development and the influence of culture within the Indonesian context
Formatted title


Publication date 1995
Place of publication The University of Queensland
Total pages 98
Language eng
Subjects 1503 Business and Management
Formatted abstract

RESEARCH SUMMARY AND METHODOLOGY

 

The motivation behind researching and preparing this report has been necessity. In March 1994 I went to Indonesia to work in the real estate development industry. After previously being involved in real estate financing, developing and marketing for some time, I decided to capitalize upon an offer to live and work in Indonesia. Before leaving, an attempt was made to study Indonesian culture, society and politics with the objective of gaining an insight into how the real estate industry would operate in their environment. The literature available, however, was extremely limited. Publications were available on various aspects of the economy and society in general, however, there was nothing that could give me an insight into the property industry. As a consequence, I decided to research the industry so that someone in my position in the future would at least have somewhere to start.

 

James Lee (1966) coined the term 'self-reference criterion' as a useful concept to avoid cultural bias. He suggested that problems should be defined first in terms of the cultural traits, habits or norms of the home society. Then they should be redefined without value judgments, in terms of the foreign cultural traits, habits and norms. He indicated that the difference between these two specifications is an indication of the likely cultural bias which can then be isolated and carefully examined to see how it influences the concept or the problem. A similar methodology has been adopted in preparation of this report, beginning by defining the real estate development process in a typical western environment. This process is then compared with that which occurs in a foreign environment; Indonesia. The differences are then isolated and the……


Document type: Research Report
Collection: MBA reports
 
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Created: Mon, 10 Jan 2011, 08:52:37 EST by Ning Jing on behalf of The University of Queensland Library