Chapter
Dec 9, 2021

Mitigating Influence of Institutional Differences on International Project Performance by Knowledge Management

Publication: ICCREM 2021

ABSTRACT

Under the pandemic of COVID-19, each country urgently restores its economies, and international project development has large marketing demand. Contractors need to understand the institutional differences between delivering domestic and international projects to fulfill the project implementation tasks. Existing studies on institutional differences mainly focuses on qualitatively describing the impact of institutional differences on project implementation. However, how institutional differences have influenced on international project performance is still unclear. With the data collected from 47 construction projects in 41 countries through questionnaires and interviews, this study has established and tested a theoretical model that incorporates knowledge management, institutional differences, project implementation problems, and project performance. The results show that institutional differences significantly increase project implementation problems, thereby influencing project performance; knowledge management can considerably reduce the project implementation problems arising from institutional differences, resulting in better project performance. The study results can theoretically help understand the relationships among institutional differences, knowledge management, and project performance, and practically guide contractors to appropriately mitigate the influence of institutional differences on international project performance by knowledge management approach.

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ICCREM 2021
Pages: 281 - 288

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Published online: Dec 9, 2021

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Huicong Zhang [email protected]
1Postgraduate, School of Civil Engineering, State Key Laboratory of Hydroscience and Engineering, Tsinghua Univ., Beijing, China. Email: [email protected]
Yanling Kang [email protected]
2Lecturer, Training Base, Army Engineering Univ., Xuzhou, China. Email: [email protected]
Wenxin Shen [email protected]
3Assistant Professor, School of Economics and Management, Beijing Jiaotong Univ., Beijing, China. Email: [email protected]
Wenzhe Tang [email protected]
4Professor, School of Civil Engineering, State Key Laboratory of Hydroscience and Engineering, Tsinghua Univ., Beijing, China. Email: [email protected]

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