• Title/Summary/Keyword: construction companies

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Evaluating the Competitiveness of Asian Construction Companies through Patent Analysis

  • Ji, Woojong;Lee, Dongmin;Lim, Hyunsu;Pyo, Kiyoun;Lee, Dongyoun;Lee, Hak-Ju;Park, Insung;Kang, Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.20 no.2
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    • pp.199-212
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    • 2020
  • In evaluating the competitiveness of construction companies and their development strategies, patents are a useful and objective source of technical information. In this study, the cutting-edge technologies of construction industries of China, Japan, and South Korea were investigated based on the data of patent applications filed by a total of 15 construction companies (five companies from each country). The related technologies were classified into six core technology groups based on their keywords. After that, we used four patent analysis methods: time series analysis, IP (Intellectual Property) emergence level analysis, spiral module analysis, and OS (Object-Solution) Matrix analysis, to identify the promising technologies/vacant technologies for global construction companies in China, Japan, and South Korea, and to analyze the technical competitiveness of the three countries. The findings of this study showed that each country can claim a relative technological advantage over the others. Overall, 3D printing and offsite construction technology, data acquisition technology, AR and VR technology are expected to be promising in the Asian region. The present study contributes to the body of knowledge by expanding our understanding of technological innovation for the competitiveness of companies and the technology development strategies pursued by the construction industries of China, Japan, and South Korea.

Effects of Rewards Perceived by Construction Company Members in the Degree of Transfer Through Organizational Commitment and Job Perception (건설기업 조직원이 지각한 보상이 조직몰입과 직무착근도를 통하여 이직의도에 미치는 영향)

  • Han, Sanglo;Hwang, Changyu;Kwon, Dosoon
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.16 no.1
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    • pp.111-129
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    • 2020
  • The differentiators of this study are as follows. I would like to consider the factors that the compensation, considering the characteristics of the members of the ICT construction company, affects the turnover and suggest ways to promote the welfare of ICT construction company members in the fourth industrial revolution. The purpose of this study is to look at how perceived compensation affects the degree of turnover by members of small ICT construction companies through organizational Commitment and job placement. Specifically, the independent variable looks at the causal relationship between organizational civic behavior and organizational trust through Turnover intention. First, in the fourth industrial revolution, the management of the tasks of members of ICT construction companies was found to have a positive impact on their organizational immersion and job alignment. Second, in the fourth industrial revolution, the management of wages by members of ICT construction companies was found to have a positive impact on organizational immersion and job alignment. Third, in the fourth industrial revolution, the promotion management of members of ICT construction companies did not have a positive impact on their organizational immersion and job alignment Fourth, in the fourth industrial revolution, the concentration of members of ICT construction companies' organization is found to have a positive influence on turnover. Fifth, in the fourth industrial revolution, the job alignment of members of ICT construction companies was found to have a positive impact on turnover.

Market Expansion Strategies for Small or Medium-sized Construction Companies by Developing Quantitative Risk Assessment Model

  • Yoo, Jinhyuk;Koh, Seungyoon;Seo, Induck;Cha, Heesung
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.742-743
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    • 2015
  • Korean construction industry has developed with national economy growth for a couple of decades. However, because of slump of real estate, the domestic construction industry was intimidated. In this situation, many construction company has no choice but to go abroad to find construction projects. However, almost small or medium-sized construction companies are very hard to operate their business because they have small funding ability and weak labor power. Therefore, this study aims to propose an assessment tool through analyzing risk factors of overseas construction projects for small or medium-sized companies by examining preceding research and interviewing industry experts. Weights of the risk factors are determined through the surveys of the industry practitioners. All of the data is configured into the assessment tool and this converts the quantitative information which leads to the optimal of strategies choice. This paper provides a quantitative measurement of possible performance and detailed assessment of each itemized risk factors. This assessment tool is qualified for industry experts so that it can safely be applied to the future projects. Ultimately, many small or medium sized construction companies will benefit from the tool proposed in this study to examine the potential of the overseas market expansion.

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The Deduction of the Success Factor in Construction Projects by Design Build Methods (디자인 빌드(Design Build) 방식 건설 프로젝트의 성공요인 분석에 관한 연구 - 중.소규모 건설 프로젝트를 중심으로)

  • Lee, Chi-Joo;Kim, Sang-Ki;Kim, Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.5
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    • pp.182-190
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    • 2007
  • The minor construction companies in Korea have grown in focusing on the construction operation field. Also, soft field is vulnerable area, and there are not enough delivery systems, therefore, a capacity of the construction industry expansion and productivity is insufficient. Furthermore, the minor construction companies are losing their areas, because the major construction companies having numerous know-how and ample funds are competitive. As the construction industry are more larger and complicated, the design build methods might be increased in the construction industry and the minor construction companies could have more competitive. Hence, this paper analyzes the success factor in minor construction projects by design build methods focusing on instance $company^{\circ}{\phi}s$ case and survey, and critical success factor deduction and importance degree analysis of this factor using AHP analysis. In addition, this paper gives fundamental data how to manage the construction project effectively for minor construction $companies^{\circ}{\phi}s$ expansion in near future.

A Study on the Difficult Factor of New Technology Development from a Construction Engineering Firm Perspective (건설엔지니어링 기업 측면에서의 신기술 개발의 애로요인 분석에 관한 연구)

  • Yang, Jin-Kook;Hong, Seong-Wook;Lee, Min-Hyeon;Kang, Mi-Suk;Lee, Sang-Beom
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2017.05a
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    • pp.189-190
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    • 2017
  • The development and utilization performance of the construction new technology was introduced in 2014 according to the detailed evaluation criteria of the construction project of Ministry of Land, Infrastructure and Transport. In the case of the construction new technology, the current standard is give 3 points in the "technology development and investment performance" evaluation item. However, construction engineering companies is difficult for to invest the capital required for new technology development. Therefore, in this study, we try to extract the difficult factor that occur in the process of construction new technology development in terms of construction engineering companies. The research results are expected to provide with the support policy guideline for new technology development costs to policy makers.

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Establishment of Knowledge Management Strategies for Small and Medium-sized General and Special Construction Companies (중소${\cdot}$전문건설업체를 위한 지식경영 전략 수립)

  • Lee Tai-Sik;Lee Dong-Wook;Park Se-Jin
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.602-605
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    • 2003
  • Interests in knowledge asset as a way of improving the values of companies and as a survival strategy have increased worldwide. In Korea, since the mid 1990s, many construction companies have realized the importance of knowledge and large companies have been forerunners in adopting KM. However, unlike large companies that readily adopt knowledge management, small & medium-sized general and special construction companies lack understanding of knowledge management and have hard time keeping updated with the current information and the state-of-art information technologies due to financial and organizational reasons. This research presents knowledge management strategies, which involves knowledge management adoption plans appropriate for small & medium-sized general and special construction companies as a way of increasing the value and competitive power of the companies.

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Comparative Analysis of Default Risk of Construction Company during Macroeconomic Fluctuations (거시경제변동 전후 건설기업의 부실화 비교분석 - IMF 외환위기 및 서브프라임 금융위기 전후를 중심으로 -)

  • Choi, Jae-Kyu;Yoo, Seung-Kyu;Kim, Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.4
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    • pp.60-68
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    • 2012
  • The past IMF foreign exchange crisis and subprime financial crisis had a big influence on variability of macroeconomics, even if the origin of its occurrence might be different. This not only had a significant infrequence on the overall industries, but also produced many insolvent companies by being closely linked with a management environment of an individual construction company leading the construction industry. Actually, the level of default risk of construction companies before and after fluctuation of macroeconomics gets to experience a rapid changing process, and a difference in reaction against shock exists according to each company. Accordingly, the purpose of this paper is to confirm the fluctuation process of the default risk of construction companies under the fluctuation of macroeconomics such as the IMF financial crisis and the subprime mortgage crisis. As an analysis result, it is judged that the subprime financial crisis gave bigger shock to construction companies than the foreign exchange crisis, and it is expected that this would have a relation with the construction market before shock of macroeconomics. In addition, it was analyzed that when comparing insolvent companies with normal companies, the recovery speed of normal companies is faster. It is judged that this was affected by a difference of internal business capacity between insolvent companies and normal companies.

An Analysis of Satisfaction of Knowledge Management from the Perspective of Workers in Domestic Major Construction Companies (실무자 관점에서의 국내 대형 건설 회사 지식경영 인프라 만족도 분석)

  • Kim, Youn-Jung;Kim, Yea-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.4
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    • pp.3-10
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    • 2011
  • Knowledge has been one of the key factors influencing the companies' competitive power. Domestic construction industries have introduced Knowledge Management from 1990s around major construction companies. However, construction organizations have recently give a skeptical response about Knowledge Management. The existing Knowledge Management in construction industries does not satisfy the demands of workers. Furthermore it makes workers do double business. Therefore, this study investigates the workers' satisfaction of Knowledge Management, and becomes the preliminary study to suggest how to improve Construction Knowledge Management.

A Productivity Analysis for Management Manpower of Building Construction Projects (건축공사의 현장관리 인력에 대한 생산성 분석)

  • Lee, Hyun-Min;Lee, Dong-Hoon;ZHENG, QI;Kim, Sun-Kuk
    • KIEAE Journal
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    • v.10 no.1
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    • pp.45-55
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    • 2010
  • While Korean construction companies are adapting themselves to rapidly changing business landscape at home and abroad, intensifying competition among competitors in local as well as global market deteriorates the profitability of construction industry, which leads to another problem. In response to such challenges, many construction companies continue to innovate their business portfolio and organization structure, with strong commitment to business process innovation. Furthermore, they need to analyze the productivity of project site management manpower overhauling business processes systematically and develop effective alternative strategies. This research aims to analyze the productivity of project site management manpower. Current operational practices of construction site organizations have been analyzed with focus on large construction companies in Korea and data gathered from project sites have been analyzed from a wide range of perspectives, In so doing, this research is expected to provide basic inputs for any subsequent attempt to estimate proper resource requirement for site management tasks in construction projects and analyze the management productivity of such resources by enabling construction companies to better understand the current operational status of site organization.

A Study on Construction of ERP System for Small and Medium sized Design Engineering Company (중소형 설계 엔지니어링사에 적합한 ERP 시스템 구축에 관한 연구)

  • Park, Je-Won;Lee, Hee-Nahm
    • Journal of the Korea Safety Management & Science
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    • v.12 no.3
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    • pp.189-195
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    • 2010
  • ERP system has been spreaded from large companies to many small and medium sized companies, and it is recognized as a basic system for optimum and efficient work process. The focus is moving from manufacturing companies to various specialized companies. Once ERP system was introduced to those specialized companies, there was attempt to customize an ordinary system which used in manufacturing companies, but it was hard to take effect due to the lack of experience and an inadequate analysis of work process. Some of foreign ERP packages are possible to be constructed for some companies. However, they are originally aim at a large enterprise and it is also very difficult to construct and maintain. For this reason, small and midium sized companies are having a difficulty to construct ERP system. This study deals with the construction of ERP system for small and medium sized design engineering company and introduction of the crucial points throughout the construction and requirements for composition module and customization of each main module. Based on the findings of this study, the specialized non-manufacturing companies are expected to have efficient and practical application of ERP system when they select and customize the ERP package of manufacturing companies.