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Çıdık, M S and Boyd, D (2022) Value implication of digital transformation: the impact of the commodification of information. Construction Management and Economics, 40(11–12), 903–17.
- Type: Journal Article
- Keywords: Commodification; digitalization; information technology; value;
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446193.2022.2033287
- Abstract:
The transforming construction agenda argues that digitalization enables better value by addressing coordination challenges. However, this claim poorly articulates how value is constituted, and ignores the problems with digitalization in real-life practices. The paper presents a finer-grained analysis of the value implications of digitalization in a critical discourse, organized in two parts, using the two value creation logics in construction as proposed by Bygballe and Jahre and the concept of “commodification” as proposed by Prudham. Through a critical literature review, the first part argues that digitalization mainly supports “production value creation logic” focussing on the integration of business processes at an organizational level, while creating challenges for “project value creation logic” by hampering mutual adjustment in situated practices. The second part conceives of digitalization as “commodification of information” to expose the complex set of processes causing digitalization to impact differently on the two value creation logics. It reveals that digitalization elevates the digital exchange value of information above its situated use value, and so, it systematically shifts the social and business contexts of coordination. Thus, digitalization shifts what, how, by whom and to whose advantage, value is created and captured, making it a politicized change with implications for management and policy.
Andersson, R and Eidenskog, M (2023) Beyond barriers – exploring resistance towards BIM through a knowledge infrastructure framework. Construction Management and Economics, 41(11–12), 926–41.
Andreas, B, Fernie, S and Dainty, A (2022) Understanding policy and change: using a political economy analysis framework. Construction Management and Economics, 40(11–12), 865–83.
Brunet, M and Cohendet, P (2022) Transforming construction: heterarchical megaproject ecologies and the management of innovation. Construction Management and Economics, 40(11–12), 973–86.
Gluch, P and Hellsvik, S (2023) The influence of multiple logics on the work of sustainability professionals. Construction Management and Economics, 41(11–12), 893–909.
Jones, K, Mosca, L, Whyte, J, Davies, A and Glass, J (2022) Addressing specialization and fragmentation: product platform development in construction consultancy firms. Construction Management and Economics, 40(11–12), 918–33.
Lundberg, O, Nylén, D and Sandberg, J (2022) Unpacking construction site digitalization: the role of incongruence and inconsistency in technological frames. Construction Management and Economics, 40(11–12), 987–1002.
Ninan, J, Sergeeva, N and Winch, G (2022) Narrative shapes innovation: a study on multiple innovations in the UK construction industry. Construction Management and Economics, 40(11–12), 884–902.
Rosander, L (2022) Same same but different: dynamics of a pre-procurement routine and its influence on relational contracting models. Construction Management and Economics, 40(11–12), 955–72.
Salmi, A, Jussila, J and Hämäläinen, M (2022) The role of municipalities in transformation towards more sustainable construction: the case of wood construction in Finland. Construction Management and Economics, 40(11–12), 934–54.
Wang, J, Li, X, Memari, A, Skitmore, M, Zhong, Y and Ashuri, B (2023) Data-driven assessment on the corporate credit scoring mechanism for Chinese construction supervision companies. Construction Management and Economics, 41(11–12), 961–75.
Wang, X, Wang, S and Gao, Y (2023) Optimal equity structure of PPP projects when private-sector shareholders’ “investor-contractor” dual roles is considered. Construction Management and Economics, 41(11–12), 910–25.
Woolcott, G, Loosemore, M, Keast, R and Chamberlain, D (2023) Addressing youth un/underemployment through construction social procurement: an ecological systems theory perspective. Construction Management and Economics, 41(11–12), 942–60.