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Comet, C (2009) Social capital and profits of small firms in the French construction industry. Construction Management and Economics, 27(04), 411–8.

  • Type: Journal Article
  • Keywords: profits; network analysis; SMEs; strategic analysis; socio-technical systems
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446190902822989
  • Abstract:
    The profitability of small businesses in the French construction industry depends partly on their social capital. However, social capital yields advantages as well as constraints. How and under what conditions do social networks improve a company's profit margins? From a socio-technical perspective and strategic analysis, we defend the idea that return on social capital is conditioned by the nature of the tasks performed and by the interdependencies among firms. Comparing about 160 businesses from four various crafts, we show that loose networks profit relatively specialized businesses working independently on construction sites, while cohesive networks benefit those businesses that are most affected by socio-technical uncertainties.

El-Sayegh, S M (2009) Multi-criteria decision support model for selecting the appropriate construction management at risk firm. Construction Management and Economics, 27(04), 385–98.

Li, H, Lu, W and Huang, T (2009) Rethinking project management and exploring virtual design and construction as a potential solution. Construction Management and Economics, 27(04), 363–71.

Lingard, H C, Cooke, T and Blismas, N (2009) Group-level safety climate in the Australian construction industry: within-group homogeneity and between-group differences in road construction and maintenance. Construction Management and Economics, 27(04), 419–32.

Liu, J and Cheah, C Y J (2009) Real option application in PPP/PFI project negotiation. Construction Management and Economics, 27(04), 331–42.

Manoliadis, O G, Pantouvakis, J-P and Christodoulou, S E (2009) Improving qualifications-based selection by use of the fuzzy Delphi method. Construction Management and Economics, 27(04), 373–84.

Smyth, H and Fitch, T (2009) Application of relationship marketing and management: a large contractor case study. Construction Management and Economics, 27(04), 399–410.

Tone, K, Skitmore, M and Wong, J K W (2009) An investigation of the impact of cross-cultural communication on the management of construction projects in Samoa. Construction Management and Economics, 27(04), 343–61.