scholarly journals Review of Exogenous Economic Indicators Influencing Construction Industry

2019 ◽  
Vol 2019 ◽  
pp. 1-8 ◽  
Author(s):  
Richard Oduro Asamoah ◽  
Bernard Kofi Baiden ◽  
Gabriel Nani ◽  
Ernest Kissi
Keyword(s):  
Literature Review ◽  
Construction Industry ◽  
Consumer Price Index ◽  
Secondary Data ◽  
Project Planning ◽  
Economic Factors ◽  
Policy Makers ◽  
Construction Firms ◽  
Exogenous Factors ◽  
Qualitative Literature

Research works into the effect of economic factors on the construction industry are enormous. But finding the core economic factors is limited in the Ghanaian construction industry. In an attempt to address this research gap, this study articulates the aim of identifying exogenous economic factors influencing the construction industry through a qualitative literature review. The study used secondary data collected from over 50 published journals, conference papers, and dissertations on exogenous factors. Fifty-nine exogenous factors were identified, and the most prevailing ones were GDP, exchange rate, inflation, interest rate, consumer price index, etc. It also revealed that black market is a factor affecting construction industry in Saudi Arabia. The study contributes to the literature by highlighting generic and specific exogenous factors that should be of concern to players in the construction industry including policy makers in their project planning. This will help to reduce the incidence of high failure rate of construction firms. Again, it establishes the need to further study the real impact of these exogenous factors as well as the strategies to mitigate the influence of exogenous factors on the construction industry as this study was limited to qualitative literature review.

On the Road to SME Sector Development in Bangladesh

2019 ◽  
pp. 480-499
Author(s):  
Syed Abidur Rahman ◽  
Noor Hazlina Ahmad ◽  
Seyedeh Khadijeh Taghizadeh
Keyword(s):  
Economic Development ◽  
Literature Review ◽  
Secondary Data ◽  
Point Of View ◽  
Policy Makers ◽  
Economic Point ◽  
The Road ◽  
Multidisciplinary Study ◽  
The Social ◽  
On The Road

Entrepreneurship has been deliberated as multidimensional and multidisciplinary study. From the economic point of view entrepreneurship is the central force for economic development for any nation. Scholars and policy makers now have started to see entrepreneurship as panacea for inclusive growth. Entrepreneurships are most widely popular and discussed area. Study on small and medium sized enterprises (SMEs) has been maturing for the last decade as it has been regarded as significant player for the social development along with the economic development. In Bangladesh, SMEs account for a large proportion of the total establishments in various sectors. Considering the importance of the SME sector in Bangladesh, this study intends to explore and sketch-out the landscape of current SME setting in Bangladesh. With this aim the study has extensively carried out literature review, observed and understood the secondary data obtained from various organizations, and finally presented a policy driven recommendation (micro and macro level) which would enable to develop the SME sector in a developing country like Bangladesh.

DEVELOPING LEADERSHIP SKILLS OF PROJECT AND CONSTRUCTION MANAGERS IN THE CONSTRUCTION INDUSTRY

2016 ◽  
Vol 3 (2) ◽  
Author(s):  
Murendeni Liphadzi ◽  
Clinton Aigbavboa
Keyword(s):  
Leadership Development ◽  
Construction Industry ◽  
South African ◽  
Personal Development ◽  
Leadership Skills ◽  
Secondary Data ◽  
Primary Data ◽  
The South ◽  
Construction Firms ◽  
Secondary Sources

The construction industry is one of the major industries in South Africa. Like any other industry, strong leadership is vital for its growth. Moreover in order to stay competitive, South African construction firms must find a way to train their project and construction managers to become competent leaders in their specific disciplines. It is to this end, that the study presents findings on how leaders can be developed in the South African construction industry. The data used in this research were derived from both primary and secondary sources. The secondary data was collected via a detailed review of related literature. The primary data was collected through a structured questionnaire aimed at 150 projects and construction managers in the South African construction industry. From the 150 distributed questions, only 110 questionnaires were received and subsequently data based on the received questionnaire which was analyzed using descriptive statistics. Findings revealed that, education and qualification can help develop leaders in the South African construction industry. This was followed by leadership training courses, taking responsibility, new challenges, and internal motivation, professional and personal development. The study explores leadership and leadership development in the South African construction industry. The study presents a robust background about the construction industry and the importance of leadership.

scholarly journals REASON OF INCREASING CASES OF MARRIAGE DISPENSATION AGAINST WOMEN'S RIGHTS

2021 ◽  
Vol 3 (1) ◽  
pp. 23
Author(s):  
Nailur Rahmi ◽  
Elimartati Elimartati
Keyword(s):  
Literature Review ◽  
Women's Rights ◽  
Field Research ◽  
Secondary Data ◽  
Young Age ◽  
Deterrent Effect ◽  
Women’S Rights ◽  
Economic Factors ◽  
Interview Session ◽  
Data Source

The purposes of this study are to find out and to analyze causes of the increasing cases of marital dispensation on women’s right. Field research with normative juridical research are used. It was done by examining several decisions on marital dispensation cases at Batusangkar Religious Court. Data source are derived from the ones who conducted marital dispensation during interview session, and secondary data are from various literature review such as related books and journals. The results reflect causes of the increasing cases of marital dispensation is promiscuity, adultery, already having children, economic factors and poverty. The causes of the increasing cases of marital dispensation has an impact on the rights of women in the reproductive sector, because they are married at a young age. Therefore, the marriage dispensation regulation needs to be reviewed because it has not caused a deterrent effect by imposing sanctions on the person who conducted marital dispensation.

On the Road to SME Sector Development in Bangladesh

2017 ◽  
pp. 117-136 ◽  
Author(s):  
Syed Abidur Rahman ◽  
Noor Hazlina Ahmad ◽  
Seyedeh Khadijeh Taghizadeh
Keyword(s):  
Economic Development ◽  
Literature Review ◽  
Secondary Data ◽  
Point Of View ◽  
Policy Makers ◽  
Economic Point ◽  
The Road ◽  
Multidisciplinary Study ◽  
The Social ◽  
On The Road

Entrepreneurship has been deliberated as multidimensional and multidisciplinary study. From the economic point of view entrepreneurship is the central force for economic development for any nation. Scholars and policy makers now have started to see entrepreneurship as panacea for inclusive growth. Entrepreneurships are most widely popular and discussed area. Study on small and medium sized enterprises (SMEs) has been maturing for the last decade as it has been regarded as significant player for the social development along with the economic development. In Bangladesh, SMEs account for a large proportion of the total establishments in various sectors. Considering the importance of the SME sector in Bangladesh, this study intends to explore and sketch-out the landscape of current SME setting in Bangladesh. With this aim the study has extensively carried out literature review, observed and understood the secondary data obtained from various organizations, and finally presented a policy driven recommendation (micro and macro level) which would enable to develop the SME sector in a developing country like Bangladesh.

scholarly journals Wan Yusoff bin Wan Mahmood, A Conceptual Framework For The Deveopment of Quality Culture in The Construction Industry

2019 ◽  
Vol 4 (3) ◽  
pp. 29-32
Author(s):  
Satya Nugraha ◽  
Yusuf Latief
Keyword(s):  
Literature Review ◽  
Conceptual Framework ◽  
Construction Industry ◽  
Customer Service ◽  
Cultural Change ◽  
Poor Quality ◽  
Construction Firms ◽  
Construction Companies ◽  
Quality Culture ◽  
Service Sectors

The construction industry is being viewed as one with poor quality emphasiscompared to other sectors like the manufacturing and service sectors. Many criticismshave been directed to the construction industry for generally shoddy workmanship.This is mainly the result of the industry’s failure to achieve the expected performancelevel in delivering its finished product and its customer service. Total qualitymanagement (TQM) is increasingly being adopted by construction companies as aninitiative to solve quality problems in the construction industry and to meet the needsof the customer. However, construction firms have been continually struggling withits implementation. Cultural change is being recognised as an important aspect of totalquality development. However, the issue surrounding quality culture and theirdevelopment has not been comprehensively studied. Based on literature review, thispaper discusses the issue of quality culture and a conceptual framework for thedevelopment of quality culture in construction industry

scholarly journals Identifying Barriers of Sustainable Construction: A Nigerian Case Study

2020 ◽  
Vol 312 ◽  
pp. 04004
Author(s):  
Ohiomah Ifije ◽  
Clinton Aigbavboa
Keyword(s):  
Construction Industry ◽  
Financial Incentives ◽  
Secondary Data ◽  
Sustainable Construction ◽  
Primary Data ◽  
Building Regulations ◽  
Construction Firms ◽  
Awareness Campaigns ◽  
Global Trend

Sustainable development has become an important part of the lives and aspect of enterprises operations globally. There is a global trend to enhance sustainable practices in all sectors and most especially the construction sectors, this study discusses the factors that best prevent the implementation of sustainable construction in the Nigeria construction industry. The study further explores and determines the reliability of how sustainability should be measured in the Nigeria construction industry. The study used both primary and secondary data to meet the set objective. The primary data were gathered through the use of a questionnaire distributed to construction professionals, contractors and clients. Indicative findings arising from the study revealed that; Building regulations and financial incentives are found to be the main drivers of sustainable construction in Nigeria and Lack of client demand and awareness and a general perception that adopting sustainable construction is expensive. The research concluded by recommending that government help with building policies to help push construction firms towards sustainable construction and also awareness campaigns should be carried out so that clients would demand and be aware of the benefits of sustainable construction

scholarly journals TOWARDS A CLASSIFICATION OF FAMILY-OWNED CONSTRUCTION FIRMS IN GHANA

2021 ◽  
Vol 6 (4) ◽  
Author(s):  
Che Andrews Anzagira ◽  
De-Graft Owusu-Manu ◽  
Edward Badu
Keyword(s):  
Literature Review ◽  
Construction Industry ◽  
Family Firms ◽  
Classification Criteria ◽  
Future Research ◽  
Extensive Literature ◽  
Construction Firms ◽  
A Value ◽  
General Business

The Ghanaian construction industry predominated by family-owned construction firms has established its dominant impact on economic development, albeit unstructured. This literature review is to dissect extant literature bringing out the uniqueness of the sector and attempt a classification for family-owned construction firms in Ghana. Anchored in a value-free axiological tradition in which the classification criteria of family-owned construction firms can be obtained by objective means set out in the framework, this study was undertaken by an extensive literature review from journals databases, textbooks, and relevant reports and citations. The review began with searches using “AND” and “OR” operators to search abstracts, titles, and a keyword with no restriction placed on the article's date of publication. Content analysis was done of the articles and with lots of information on family-owned businesses, very few on family-owned construction firms. Existing frameworks on the classification of family-owned businesses formed the basis of this framework. The key findings indicate that small and medium-sized family firms predominate the construction industry. The physiognomies of family-owned construction firms also contribute to their proliferation and overarching importance within the sector. The novelty of this study is that it merges information from the general business and construction industry and carves criteria for which family-owned construction firms can be identified and classified. For academia, the paper contributes to the stream of knowledge on what constitutes family-owned construction firms whilst exposing the lack of research in this constituency. It also serves as the foundation upon which future research can be conducted in the field of family-owned construction firms. For practitioners and policymakers, the paper offers insights into how to identify family-owned construction firms to be able to distinguish them for targeted support to grow the economy. Future research should be targeted at examining the growth and sustainability of family-owned construction firms. <p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/edu_01/0885/a.php" alt="Hit counter" /></p>

Assessment of Electronic Procurement Practices on Project Delivery, Case Study of Selected Construction Companies in Oyo State

2018 ◽  
pp. 257-266
Keyword(s):  
Construction Industry ◽  
Information Exchange ◽  
Ease Of Use ◽  
Project Delivery ◽  
Development Programs ◽  
Construction Firms ◽  
Construction Companies ◽  
Electronic Procurement ◽  
Ict Infrastructure ◽  
E Mail

This study investigated the use of e-Procurement in selected construction firms in Oyo state, Nigeria. The data were derived using a well-structured questionnaire survey involving 104 respondents. Descriptive statistical and correlation analyses were used to analyze the data. Findings show that the use of electronic procurement in the selected construction firms for carrying out procurement function is high with majority of the professionals affirming the use of the system, the four categories of e-Procurement used were e-mail, static websites, web.2.0 technologies and portals that have capabilities of supporting the execution of functions limited to intra and inter firm communication and exchange of project information and data. Consequently, between 84 percent and 76 percent of the respondents used these e-Procurement technologies for communication of information, exchange of bill of quantities, project reports, CAD drawings and project specifications. Consequently, factors with the highest positive impacts on the use of these technologies in the firms were the speed of transactions, lower transaction cost and ease of use. The study implies that the selected construction firms in Oyo state Nigeria predominantly use e-mails and websites to support the execution of pre-award phase of construction procurement. Finding also shows that there is positive relationship between e-Procurement (e-Notifying, e-Exchange, and e-Submission of bid) and Project delivery. The study suggests that to accelerate the rate of uptake of e-Procurement and maximize its benefits in the Nigerian construction industry, there is a need to improve the quality and quantity of ICT infrastructure across the country; and to embark on aggressive enlightenment campaigns, training and skill development programs in the use of e-Procurement in the construction industry in this country.

POLICY CHANGE – THE ROLE OF IDEAS AND POLICY ENTREPRENEURS

2018 ◽  
pp. 63-72
Author(s):  
Arwanto Arwanto ◽  
Wike Anggraini
Keyword(s):  
Policy Change ◽  
Significant Role ◽  
Policy Process ◽  
Policy Entrepreneurs ◽  
Multiple Streams ◽  
Policy Makers ◽  
Problem Framing ◽  
Exogenous Factors ◽  
The Relationship

ABSTRACT Understanding policy process involves many distinctive approaches. The most common are institutional, groups or networks, exogenous factors, rational actors, and idea-based approach. This paper discussed the idea-based approach to explain policy process, in this case policy change. It aims to analyse how ideas could assist people to understand policy change. What role do they play and why are they considered as fundamental element? It considers that ideas are belong to every policy actor, whether it is individual or institution. In order to answer these questions, this paper adopts Kingdon’s multi streams approach to analyse academic literatures. Through this approach, the relationship between ideas and policy change can be seen clearer. Ideas only can affect in policy change if it is agreed and accepted by policy makers. Therefore the receptivity of ideas plays significant role and it emerges policy entrepreneurs. They promote ideas (through problem framing, timing, and narrative construction) and manipulate in order to ensure the receptivity of ideas. Although policy entrepreneurs play significant role, political aspects remains the most important element in the policy process. Keywords: policy change, ideas, idea-based approach, Kingdon’s multiple streams, policy entrepreneurs.

Knowledge creation in small building and construction firms

2013 ◽  
Vol 1 (1) ◽  
pp. 125-142 ◽  
Author(s):  
Susanne Durst ◽  
Ingi Runar Edvardsson ◽  
Guido Bruns
Keyword(s):  
Construction Industry ◽  
Knowledge Creation ◽  
Vital Role ◽  
Knowledge Sources ◽  
Structured Interviews ◽  
Construction Firms ◽  
External Knowledge ◽  
Body Of Knowledge ◽  
Small Building

Studies on knowledge creation are limited in general, and there is a particular shortage of research on the topic in small and medium-sized enterprises (SMEs). Given the importance of SMEs for the economy and the vital role of knowledge creation in innovation, this situation is unsatisfactory. Accordingly, the purpose of our study is to increase our understanding of how SMEs create new knowledge. Data are obtained through semi-structured interviews with ten managing directors of German SMEs operating in the building and construction industry. The findings demonstrate the influence of external knowledge sources on knowledge creation activities. Even though the managing directors take advantage of different external knowledge sources, they seem to put an emphasis on informed knowledge sources. The study´s findings advance the limited body of knowledge regarding knowledge creation in SMEs.

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