scholarly journals Knowledge Creation: A Case Study of International Construction Joint Venture Projects in Thailand

2020 ◽  
pp. 10-17
Author(s):  
Achara Khamaksorn
Keyword(s):  
Knowledge Creation ◽  
Joint Venture ◽  
Construction Joint ◽  
International Construction

International construction joint ventures between Singapore and developing countries

2017 ◽  
Vol 24 (2) ◽  
pp. 209-228 ◽  
Author(s):  
Bon-Gang Hwang ◽  
Xianbo Zhao ◽  
Eileen Wei Yan Chin
Keyword(s):  
Developing Countries ◽  
Joint Ventures ◽  
Questionnaire Survey ◽  
Joint Venture ◽  
Clear Understanding ◽  
Risk Allocation ◽  
Content Type ◽  
Construction Joint ◽  
International Construction ◽  
Allocation Preferences

Purpose The purposes of this paper is twofold: first, to assess the risks associated with the international construction joint ventures (ICJVs) between Singapore and developing countries and second, to investigate the risk allocation preferences in these ICJVs. Design/methodology/approach A questionnaire survey was conducted and responses were received from 38 firms that had participated in ICJVs with developing countries. A risk criticality (RC) index was adopted to evaluate the criticality of each risk. Findings The survey results reported “political instability” as the most critical risk and market-level risks were less critical than country and project-level risks. Additionally, the results showed agreement on the risk ranking between building and infrastructure ICJVs, despite significant differences in the criticalities of five risks. Furthermore, five risks were preferably allocated to host and foreign partners, respectively, while 13 risks could be shared among partners. Research limitations/implications First, due to the sample size, one should be cautious when interpreting and generalizing the results. Second, the RC index proposed in this study was subjective as it was influenced by the individual experience and risk attitude of the respondents. Also, the RC values were calculated without considering the weights of the respondents. Lastly, the questionnaire survey, which has been widely used in identifying risk allocation preferences, may not identify the insights of practitioners into the risk allocation practices. Practical implications This study provides a clear understanding of the risks associated with forming ICJVs with developing countries and the preferred risk allocation. Although, this study is focused on the risks faced by the Singapore-developing country ICJVs, the identification of the potential risks allows companies from other countries to customize their risk profile and assess the risks before they form ICJVs with developing countries. Originality/value As few studies have explored the risk allocation preferences in ICJVs, this study expands the literature and provides practitioners with important information for preparing joint venture contracts or agreements. Thus, this study can contribute to the literature relating to ICJVs.

scholarly journals A factorial analysis of international construction joint venture performance measures: A case of Ghana

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Samuel Twum-Ampofo ◽  
Gabriel Nani ◽  
Mershack Opoku Tetteh ◽  
Benjamin Kwaku Ababio
Keyword(s):  
Performance Measures ◽  
Joint Venture ◽  
Performance Metrics ◽  
Sub Saharan Africa ◽  
Snowball Sampling ◽  
Financial Measures ◽  
Construction Joint ◽  
International Construction ◽  
Sub Saharan ◽  
The Right

Little study on performance measurement has been conducted within sub-Saharan Africa, where international construction joint ventures (ICJV) have become an emerging trend in construction. Consequently, the reliability and comparability of existing performance measures in such a new region are unknown. This paper adds to the existing knowledge by identifying the relevant joint venture (JV) performance measures within the Ghanaian construction industry. Using a self-administered data obtained through a questionnaire survey by purposive and snowball sampling, respondents rated their perceptions of 20 performance measures identified from the literature. Factor analysis established the variables measuring aspects of the same underlying dimensions. A total of four key performance measures were identified and explained in terms of a cooperative relationship, financial measures, strategic and learning measures. The findings would enlighten JV stakeholders of the reasons underlying the choice of performance metrics, while in a broader picture assist in choosing the right measures to evaluate the extent to which the objectives of the newly formed JV have been achieved.

Risk Assessment and Transaction Cost Incorporated Budgeting for Construction Joint Ventures

2011 ◽  
Vol 255-260 ◽  
pp. 3878-3882
Author(s):  
Min Ren Yan
Keyword(s):  
Risk Assessment ◽  
Transaction Cost ◽  
Cost Estimation ◽  
Joint Venture ◽  
Project Managers ◽  
Utility Analysis ◽  
Construction Joint ◽  
Practical Project ◽  
Proposed Model

Proper budgeting and cost control are essential efforts for a successful project. The task has been conventionally supported by sophisticated project cost estimation from a production perspective. However, from a transaction cost perspective, the alliance risks with inter-organizational partners in joint venture (JV) projects should always be considered for budgeting. Aiming to assess the risks of a JV project, this paper proposes a transaction cost incorporated budgeting model with multi-criteria utility analysis. A case study is presented to demonstrate the applications of the proposed model which would help project managers to identify a proper risk contingency for practical project budgeting in construction JVs. The rationale of estimating the alliance risks with different partners is also enhanced by the proposed model.

The Category Is . . . Opulence!

2020 ◽  
Vol 7 (1) ◽  
Author(s):  
Joseph Plaster
Keyword(s):  
Performance Studies ◽  
Knowledge Creation ◽  
People Of Color ◽  
Gender Nonconforming ◽  
Johns Hopkins University ◽  
The Cross ◽  
And Gender ◽  
A Performance

In recent years there has been a strong “public turn” within universities that is renewing interest in collaborative approaches to knowledge creation. This article draws on performance studies literature to explore the cross-disciplinary collaborations made possible when the academy broadens our scope of inquiry to include knowledge produced through performance. It takes as a case study the “Peabody Ballroom Experience,” an ongoing collaboration between the Johns Hopkins University Sheridan Libraries, the Peabody Institute BFA Dance program, and Baltimore’s ballroom community—a performance-based arts culture comprising gay, lesbian, queer, transgender, and gender-nonconforming people of color.

Heineken's Acquisition of Asia Pacific Breweries: Accounting for Business Combinations and Changes in Ownership Interests

2017 ◽  
Vol 32 (4) ◽  
pp. 101-127 ◽  
Author(s):  
Pearl Tan ◽  
Chu-Yeong Lim
Keyword(s):  
Market Share ◽  
Joint Venture ◽  
Interesting Case ◽  
Asia Pacific ◽  
Joint Control ◽  
Business Combinations ◽  
Final Offer ◽  
Control Premium ◽  
Joint Venture Partner

ABSTRACT On July 20, 2012, Heineken, a Dutch brewery offered S$5.125 billion (Singapore dollars; approximately US$4.1 billion) to buy Asia Pacific Breweries Ltd (APB; formerly, Malayan Breweries Limited) from its Singapore-based joint venture partner, Fraser and Neave, Limited. (F&N). At that point, Heineken and F&N had joint control over APB through the joint venture vehicle Asia Pacific Investments Pte Ltd (APIPL). Brewery business under the joint arrangement had moved on quite predictably from the time APB was formed in 1931. However, the calm changed to high drama when Thai Beverage, owned by one of Thailand's tycoons, made a bid for F&N and APB. Heineken was quick to respond by aggressively buying shares of APB, leading to a large control premium being paid in the final offer price. The bidding war was largely motivated by the Dutch and Thai beer giants, each wanting to own the iconic Tiger beer brand that was owned by APB and thus take control of APB's strong market share in the fast-growing market of Asia. The Heineken bid for APB presents an interesting case study regarding the motivations for acquisitions, the nature of control, and accounting for acquisitions. The case also presents rich issues in accounting for changes in ownership interests with and without gain of control.

A Problem in the Making: How Firms Formulate Sharable Problems for Open Innovation Contests

2018 ◽  
Author(s):  
Martin W. Wallin ◽  
Georg von Krogh ◽  
Jan Henrik Sieg
Keyword(s):  
Knowledge Creation ◽  
Open Innovation ◽  
Problem Formulation ◽  
Theoretical Framework ◽  
Monetary Reward ◽  
Technical Innovation ◽  
Prior Work ◽  
Exploratory Case Study ◽  
External Sources

Crowdsourcing in the form of innovation contests stimulates knowledge creation external to the firm by distributing technical, innovation-related problems to external solvers and by proposing a fixed monetary reward for solutions. While prior work demonstrates that innovation contests can generate solutions of value to the firm, little is known about how problems are formulated for such contests. We investigate problem formulation in a multiple exploratory case study of seven firms and inductively develop a theoretical framework that explains the mechanisms of formulating sharable problems for innovation contests. The chapter contributes to the literatures on crowdsourcing and open innovation by providing a rare account of the intra-organizational implications of engaging in innovation contests and by providing initial clues to problem formulation—a critical antecedent to firms’ ability to leverage external sources of innovation.

Sign in / Sign up

Export Citation Format

Share Document