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Bon, R and Luck, R (1999) Outsourcing of property-related management functions in Europe and North America, 1993-1998. Construction Management and Economics, 17(04), 409-12.

Chau, K W (1999) On the issue of plan shape complexity: plan shape indices revisited. Construction Management and Economics, 17(04), 473-82.

Chinyio, E A and Olomolaiye, P O (1999) A needs based methodology for classifying construction clients and selecting contractors-a rejoinder. Construction Management and Economics, 17(04), 413-7.

Cox, I D, Morris, J P, Rogerson, J H and Jared, G E (1999) A quantitative study of post contract award design changes in construction. Construction Management and Economics, 17(04), 427-39.

Kale, S and Arditi, D (1999) Age-dependent business failures in the US construction industry. Construction Management and Economics, 17(04), 493-503.

  • Type: Journal Article
  • Keywords: adaptation; business failure; construction company; inertia; learning; legitimacy
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/014461999371411
  • Abstract:

    Age-dependent failure in the construction industry is explored over two 11-year periods (1973-1983 and 1984-1994) by analysing the age distribution of failed construction companies in each year and computing age-specific failure probabilities over a 10 year period (1985-1994). The conflicting perspectives of organizational theory are reconciled by taking advantage of the complementary nature of the adaptationist and organizational ecology theories while the effects of the characteristics of the construction industry are also considered. The research findings reveal an age-dependent business failure pattern in the US construction industry where the risk of failure increases initially with increasing age, reaches a peak point and decreases thereafter as companies grow older. Newness of a construction company, which implies lack of organizational l earning and lack of legitimacy, appears to be the main factor explaining this pattern.

Kein, A T T, Ofori, G and Briffett, C (1999) ISO 14000: its relevance to the construction industry of Singapore and its potential as the next industry milestone. Construction Management and Economics, 17(04), 449-61.

Love, P E D, Mandal, P and Li, H (1999) Determining the causal structure of rework influences in construction. Construction Management and Economics, 17(04), 505-17.

Pietroforte, R and Tangerini, P (1999) From boom to bust: the case of Italian construction firms. Construction Management and Economics, 17(04), 419-25.

Runeson, G and Loosemore, M (1999) Gate-keepers or judges: peer reviews in construction management. Construction Management and Economics, 17(04), 529-36.

Shapira, A and Schexnayder, C J (1999) Selection of mobile cranes for building construction projects. Construction Management and Economics, 17(04), 519-27.

Shi, J J (1999) A neural network-based system for predicting earthmoving production. Construction Management and Economics, 17(04), 463-71.

Swaffield, L M and Pasquire, C L (1999) Examination of relationships between building form and function, and the cost of mechanical and electrical services. Construction Management and Economics, 17(04), 483-92.

Williams, T (1999) Allocation of contingency in activity duration networks. Construction Management and Economics, 17(04), 441-7.