Case Studies
May 20, 2016

Topological Competiveness Based on Social Relationships in the Korean Construction-Management Industry

Publication: Journal of Construction Engineering and Management
Volume 142, Issue 11

Abstract

A recent study reported that the construction management market has grown more competitive. In this environment, identifying a company’s competitive position enables a study of competitor strategies and the ability to select the most suitable path to profitability. This study suggests a methodology to analyze topological competiveness based on social relationships between firms modeled according to four subnetworks: Joint contract networks linked directly between firms, public and private networks linked indirectly by owners, and building and civil networks linked indirectly by work type. This study proposes an analytical framework measuring topological competiveness from four perspectives: The network topology among each subnetwork, centralities and structural positions among the firms, cohesive subgroups and strong relations in the subnetwork, and the structural equivalence among firms. Using 2,984 cases of Korean construction management projects from 1997 to 2013, an empirical analysis of topological competiveness validated the methodology to diagnose competitiveness and select the most suitable relationships with competitors to create company growth.

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Acknowledgments

This research was supported by the Basic Science Research Program through the National Research Foundation of Korea (NRF), funded by the Ministry of Education, Science, and Technology (No. 2012R1A1A3013772). This work was supported in part by the research fund of Hanyang University Korea (HY-2013-N) via the International Space Exploration Research Institute.

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Go to Journal of Construction Engineering and Management
Journal of Construction Engineering and Management
Volume 142Issue 11November 2016

History

Received: Jun 3, 2015
Accepted: Mar 3, 2016
Published online: May 20, 2016
Discussion open until: Oct 20, 2016
Published in print: Nov 1, 2016

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Authors

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Yoon-Sun Lee
Research Professor, International Space Exploration Research Institute, Hanyang Univ., Ansan 15588, Republic of Korea.
Jae-Jun Kim, A.M.ASCE [email protected]
Full Professor, Dept. of Architectural Engineering, Hanyang Univ., Seoul 04763, Republic of Korea (corresponding author). E-mail: [email protected]
Tai Sik Lee, F.ASCE
President, Korea Institute of Civil Engineering and Building Technology, Ilsan 10223, Republic of Korea.

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