Abstract
Chapter 8 examines the role of construction firms as horizontal contracting insti - tutions for smart development. With around $108 billion invested in smart city infrastructure worldwide, the sums at stake are staggering. Smart development calls for competitive construction firms. The research blends competitiveness theory with practical analysis of China’s urbanization and smart city market and construction firms. From the interplay between theory and practice, the research generated a competitiveness model and isolated key competitiveness indicators (KCIs). Detailed case study analysis helped to confirm KCI relevance. The research explored the competitiveness strategies adopted by a single Chinese intelligent building construc - tion firm and noted the importance of robust corporate strategy, organizational capabilities and a sound financial system.
| Original language | English |
|---|---|
| Title of host publication | Smart Urban Regeneration |
| Subtitle of host publication | Visions, Institutions and Mechanisms for Real Estate |
| Editors | Simon Hutson |
| Publisher | Taylor and Francis Group |
| Chapter | 8 |
| Pages | 137-157 |
| Number of pages | 21 |
| ISBN (Electronic) | 9781315677521 |
| ISBN (Print) | 9781138935266, 9781317388432 |
| DOIs | |
| Publication status | Published - 14 Sept 2017 |
Bibliographical note
Publisher Copyright:© 2018 selection and editorial matter, Simon Huston; individual chapters, the contributors.
Keywords
- Chinese smart urban development
- Chinese urbanization
- Construction firms’ competitiveness
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
- General Business,Management and Accounting
