Key Aspects of Corporate Strategy in International Construction

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F17%3A00314334" target="_blank" >RIV/68407700:21110/17:00314334 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.1016/j.proeng.2017.07.231" target="_blank" >https://doi.org/10.1016/j.proeng.2017.07.231</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.proeng.2017.07.231" target="_blank" >10.1016/j.proeng.2017.07.231</a>

Result language

angličtina

Original language name

Key Aspects of Corporate Strategy in International Construction

Original language description

In view of increasing market competition, construction and engineering firms are forced to seek new business activities in foreign countries since their domestic markets disable their further growth. Many construction firms have already entered foreign markets in order to diversify their production, gain access to the new bids and expand the shareholders’ value. The application of the right strategic approach on the company's way to internationalization plays a crucial role. The export know-how is possessed by a limited number of construction firms successfully competing on international markets, whereas other companies fail in their attempts. Recent academic literature is inconsistent in several aspects of company's strategic behavior in international construction in relation to formation of joint ventures and export financing. This research attempts to address these issues. On the basis of perceived business needs, six research statements were outlined. These statements were analyzed and evaluated through quantitative survey. Research findings were derived from empirical evaluation collected through structured questionnaires. Respondents were represented by corporate executives, project managers and trade finance specialists. The outcomes of this research provide resolution and deeper understanding of analyzed aspects. The research findings may serve as a valuable input for the composition of the corporate strategy and building competitive advantage in international environment.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

20101 - Civil engineering

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Procedia Engineering

ISBN

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ISSN

1877-7058

e-ISSN

1877-7058

Number of pages

6

Pages from-to

506-511

Publisher name

Elsevier B.V.

Place of publication

Amsterdam

Event location

Primosten

Event date

Jun 19, 2017

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000418465300067