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Searching process modeling of international construction market segments

Identyfikatory
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The development of globalisation processes has influenced all the countries of the world and all areas of human activity. In terms of globalisation, there is increasing international cooperation between companies and development of construction markets become more rapid. This stimulates competition between contractors and forces them to review their operation strategies. Taking the decision upon entering markets abroad it is necessary to estimate and evaluate important factors and criteria. The problem issue of this work is as follows: how to choose the right market segment in construction industry? This paper presents a new methodology developed for implementation and execution of formalized market search and target segment identification process. The target markets are identified according to the multiple criteria decision-making methodology (Game theory and models for selection of the definite alternative solution based on the highest efficiency). The work was focused on the analysis of construction markets in 3 countries: Germany, Lithuania and Russia (Kaliningrad region), which differ in many demographic, economic and political terms. Such situation provides possibilities for more effective capacity utilization in construction industry. Choosing the right way of entering a host country market and selecting the target market segment benefits the company in financial and legal aspects.
Rocznik
Tom
Strony
71--83
Opis fizyczny
Bibliogr. 16 poz.
Twórcy
autor
  • Kaunas University of Technology, Kaunas, Lithuania
autor
  • student, Kaunas University of Technology, Kaunas, Lithuania
  • student, Kaunas University of Technology, Kaunas, Lithuania
Bibliografia
  • 1. Juodis A (2001) Construction industry in Europe: the market, management and development. Technologija, Kaunas, 185 p.
  • 2. Fridlin, I (1996) International construction - New opportunities. MS thesis. Polytechnic University, Brooklyn, N.Y.
  • 3. Raftery, J, Pasadilla, B, Chiang, Y H, Hui, E C M and Tang, B S (1998) Globalisation and construction industry development: implications of recent developments in the construction sector in Asia. Construction Management and Economics, 16, pp.729-37.
  • 4. Bon, R and Crosthwait, D (2000) The future of International Construction. Thomas Telford, London, UK.
  • 5. Porter, M E (1990) The competitive advantage of nations. MacMillan, London.
  • 6. Jaselskis, E J and Talukhaba, A (1998) Bidding considerations in developing countries. ASCE Journal of Construction Engineering and Management, 124(3), pp. 185-193.
  • 7. Han, S H and Diekmann, J E (2001) Making a risk-based bid decision for overseas construction projects. Construction Management and Economics, 19, pp.765-776.
  • 8. Hastak, M and Shaked, A (2000) ICRAM-1: Model for international construction risk assessment. ASCE Journal of Management in Engineering, 16(1), pp.59-69.
  • 9. Sloan, S K and Weisberg, J L (1997) Understanding the risks when embarking on an international project. Construction Congress V: Managing engineered construction in expanding global markets, S.D. Anderson, ed., ASCE, Reston, Va., pp.770-778.
  • 10. Juodis A and Šiškina A (2004) Multiple criteria evaluation of competitive abilities of the construction companies. Proceedings of the Third Scientific Conference on Project Management (PM-03): Clustering in Construction Project Management'', Thessaloniki, Greece, pp.299-307.
  • 11. Ofori, G (2003) Frameworks for analysing international construction. Construction Management and Economics, 21, pp.379-391.
  • 12. Alarcon, L F, Bastias, A (2000) A computer environment to support the strategic decision-making process in construction firms. Eng. Constr. Archit. Management, 7(1), pp.63-75.
  • 13. Parvar, J, Lowe, D, Emsley, M, and Duff, R (2000) Neural networks as a decision support system for the decision to bid process. Proc., ARCOM Conf, Vol. I, Glasgow Caledonian University, Glasgow, Scotland, pp.209-2\1.
  • 14. Dikmen, I (2001) Strategic decision making in constructions companies: An ANN based decision support system for international market selection. PhD thesis. Civil Engineering Department, Middle East Technical University, Ankara, Turkey.
  • 15. Dikmen, I and Birgonul, M T (2004) Neural network model to support international market entry decisions. ASCE Journal of Construction Engineering and Management, 130(1), pp.59-66.
  • 16. Zavadskas, E, Peldschus, F, Kaklauskas, A, (1996) Multiple Criteria Evaluation of Projects in Construction, Technika, Vilnius, 1996, 226p.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-article-BPP1-0059-0054
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