Exploring the drivers of firm-level innovation in the construction industry

Manley, Karen A. & McFallan, Stephen L. (2006) Exploring the drivers of firm-level innovation in the construction industry. Construction Management and Economics, 24(9), pp. 911-920.

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Abstract

A survey of 335 businesses in the Australian road industry has been carried out to ascertain those factors that make firms innovate. 'Innovative' is measured by adoption rates of advanced technologies and practices, and the range of innovation drivers reviewed encompasses business strategy and environment. The findings indicate that business strategies are more important than business conditions, and that the following three strategies are significant in differentiating between firms with high and low adoption rates: (1) hiring new graduates; (2) introducing new technologies; and (3) enhancing technical capabilities. The findings also highlight the importance of undertaking R&D and encouraging employee ideas for improvement. The public policy implications are that the quality of university graduates should be protected and advanced, as should technical skills within public sector client agencies.

Impact and interest:

30 citations in Scopus
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ID Code: 7926
Item Type: Journal Article
Refereed: Yes
Keywords: Innovation, technology adoption, business practices, business conditions
DOI: 10.1080/01446190600799034
ISSN: 1466-433X
Subjects: Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > BUILDING (120200) > Building Construction Management and Project Planning (120201)
Divisions: Current > Research Centres > CRC Construction Innovation
Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering
Past > Schools > School of Urban Development
Copyright Owner: Copyright Taylor & Francis 2006
Copyright Statement: First published in Construction Management and Economics 24(9):pp. 911-920.
Deposited On: 30 May 2007 00:00
Last Modified: 29 Feb 2012 13:21

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