Developing the competitive advantage of indigenous construction firms / Matthew Kwaw Somiah, Clinton Ohis Aigbavboa, and Wellington D. Thwala.

Format:

Book

Author/Creator:

Somiah, Matthew Kwaw, author.

Aigbavboa, Clinton, author.

Thwala, Wellington, author.

Series:

Routledge Research Collections for Construction in Developing Countries

Routledge research collections for construction in developing countries

Language:

English

Subjects (All):

Construction industry--Industrial capacity--Africa.

Construction industry.

Physical Description:

1 online resource (223 pages)

Edition:

1st ed.

Place of Publication:

Abingdon, Oxon ; New York, NY : Routledge, 2021.

Summary:

"This book takes a pragmatic approach to developing the competitive advantage of indigenous construction firms in the Global South, using Ghana as a case study"-- Provided by publisher.

Contents:

Cover

Half Title

Series

Title

Copyright

Contents

List of tables

List of figures

Preface

Acknowledgements

1 Introduction and general overview

Introduction

General overview

Competitive advantage

The research problem statement

Aim of the research

Research questions

Research objectives

Research methodology employed

Delphi-specific objectives

Delimitation and limitation of the book

Significance of the study

Motivation for the study

Ethical statement

Structure of the book

Chapter 1 - Introduction and general overview

Chapter 2 - Theoretical and conceptual perspectives of firms' competitive advantage research

Chapter 3 - Assessment of firms' competitive advantage studies

Chapter 4 - Outcome measuring indicators of firms' competitive advantage

Chapter 5 - Gaps in firms' competitive advantage research

Chapter 6 - Competitive advantage studies in the construction industry: examples from the Global South and North

Chapter 7 - Competitive advantage studies in the Ghanaian construction industry

Chapter 8 - Methodological framework for developing a competitive advantage conceptual model

Chapter 9 - The outcome of the Delphi Study

Chapter 10 - An integrated competitive advantage conceptual model for indigenous construction firms

Chapter 11 - Conclusion and recommendations

Summary

References

2 Theoretical and conceptual perspectives of firms' competitive advantage research

Competitive advantage theory and definition

The five competitive forces model

The three generic competitive strategies model

The generic value chain model

Industrial organization theory

Resource-based and core competence theory

The relational strategy view

Contingency theory

Dynamic capabilities theory

References.

3 An assessment of firms' competitive advantage studies

Firms' competitive advantage research

The subjective definition of firms' competitive advantage

The relative nature of firms' competitive advantage

Causality and causal ambiguity

Methodological issues

The diamond framework

The nine-factor framework

The competitiveness triangle

Three dimensions of competitiveness model

Total value competitiveness (TVC) model

Assets process performance model

The domestic construction competitiveness hexagon

Contractor Competitiveness Assessment and Communication System model

Competitive strategy model

Measuring firms' competitive advantage

4 Outcome measuring indicators of firms' competitive advantage

Momaya and Selby

DTI 2004: Experian and University College London/Davis Langdon Consultancy

Further outcome measuring indicators of firms' competitive advantage

Attributes of firms' competitive advantage

5 Gaps in firms' competitive advantage research

Gaps in competitive advantage research at the firm level

Gap 1: understanding firms' corporate social responsibility

Legislative and policy framework for CSR in Ghana

Literature findings concerning the impact of CSR on firms' competitive advantage

Gap 2: understanding the entrepreneurial competencies of firm owners

Literature findings concerning entrepreneurial competencies in obtaining firms' competitive advantage

6 Competitive advantage studies in the construction industry: examples from the Global South and North

Overview of competition in the construction industry

Firms' competitive advantage studies in the construction industry

A focus on the Global North

A focus on the Global South.

Lessons learnt

7 Competitive advantage studies in the Ghanaian construction industry

Background of Ghana

Overview of firms' competitive advantage studies

Evolution of competition policies and laws in Ghana

Competition policy and legal framework in the procurement of construction work

Challenges associated with the implementation of competition laws and policies in Ghana

Lessons learnt from the literature

8 Methodological framework for developing a competitive advantage conceptual model

Quantitative versus qualitative research

Philosophical positions in research methodology

Quantitative research

Qualitative research

Research design

Research methods

Literature review

Delphi method

An epistemological approach towards the Delphi design

When to use the Delphi technique

Components of the Delphi technique

Design, construction, and execution of the Delphi study

Computation of data from the Delphi study

Determination of consensus from the Delphi process

Reliability and validity of the Delphi method

Variables

Ethical considerations

9 The outcome of the Delphi study

Background of the Delphi survey

Findings from the Delphi study

Discussion of the Delphi results

Objective DSO1

Objective DSO2

Objective DSO3

10 An integrated competitive advantage conceptual model for indigenous construction firms

Selection of variables for firms' competitive advantage

Firms' Strategies and Structures (FSS)

Firms' Internal Factors (FIF)

Demand Factors (DFI)

Firms' Competitive Intelligence (FCI)

Model specification and justification

Structural component of the model.

Measurement component of the model

11 Conclusions and recommendations

Research objective RO1

Research objective RO2

Research objectives RO3 and RO4

Contribution and value of the book

Integrated competitive advantage conceptual model

Theoretical contribution and value

Methodological contribution and value

Practical contribution and value

Recommendations

Integrated competitive advantage model

Methodological

Theoretical

Policy implication and practical recommendation

Limitations

Recommendations for further research

Index.

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

1-00-315412-3

1-000-39956-7

1-003-15412-3

1-000-39960-5

9781003154129

OCLC:

1255230015