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Costantino, N and Pietroforte, R (2004) Note - Production arrangements by US building and non-building contractors: an update. Construction Management and Economics, 22(03), 231-5.

Giritli, H and Oraz, G T (2004) Leadership styles: some evidence from the Turkish construction industry. Construction Management and Economics, 22(03), 253-62.

Goodrum, P M and Gangwar, M (2004) The relationship between changes in equipment technology and wages in the US construction industry. Construction Management and Economics, 22(03), 291-301.

Leung, M-Y, Ng, S T and Cheung, S-O (2004) Measuring construction project participant satisfaction. Construction Management and Economics, 22(03), 319-31.

Low, S P and Hongbin, J (2004) Estimation of international construction performance: analysis at the country level. Construction Management and Economics, 22(03), 277-89.

  • Type: Journal Article
  • Keywords: internationalization; construction; ownership; locational; internalization; specialty; nationalities
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/0144619032000089607
  • Abstract:

    The measurement or estimation of the degree of internationalization of multinational corporations (MNCs) remains lacking although many studies have been completed on MNCs in the construction industry. Dunning’s Eclectic Paradigm suggests that the determinants of internationalization depends on the ownership (O), locational (L) and internalization (I) advantages of a firm. Another important factor relates to the involvement of a firm among specialized fields in the construction industry, i.e. the specialty (S) advantages. This paper proposes the OLI+S model for measuring/estimating the internationalization process of construction MNCs, according to nationalities, using the following ratios: O-IRTR, L-IBD, I-OMS and S-ISF. Major players in the international construction market were analysed using these ratios. The OLI+S model shows that construction MNCs from different nationalities demonstrated different patterns in the internationalization process depending on their business strategies, indigenous market situations, historical factors, etc. among others.

Minami, K (2004) Whole life appraisal of the repair and improvement work costs of Post Office buildings in Japan. Construction Management and Economics, 22(03), 311-8.

Tang, S L, Aoieong, R T and Ahmed, S M (2004) The use of process cost model (PCM) for measuring quality costs of construction projects: model testing. Construction Management and Economics, 22(03), 263-75.

Wang, S Q, Dulaimi, M F and Aguria, M Y (2004) Risk management framework for construction projects in developing countries. Construction Management and Economics, 22(03), 237-52.

Wild, A (2004) Re-interpreting the Building Industry Communications Research Project. Construction Management and Economics, 22(03), 303-10.