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Innovation in property management

Author

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  • Bob Thompson

Abstract

Purpose - – The purpose of this paper is to examine innovation in the context of property and asset management (PAM) and define a clear interpretation of the term that can be applied generally. Second to propose an organisational framework in which stakeholders in PAM can behave more innovatively. Design/methodology/approach - – The paper takes the form of a literature review and application of third party research. Findings - – There is a clear need for stakeholders to behave innovatively. Innovation is primarily cultural and is disruptive by design which is uncomfortable for a mature industry like PAM. Research limitations/implications - – This is an examination of existing literature and research. It sets up a need for empirical research on the behaviour of PAM stakeholders. Practical implications - – PAM stakeholders need to change their culture to enable innovation to flourish. Originality/value - – There is little published research on PAM.

Suggested Citation

  • Bob Thompson, 2015. "Innovation in property management," Journal of Property Investment & Finance, Emerald Group Publishing Limited, vol. 33(5), pages 436-445, August.
  • Handle: RePEc:eme:jpifpp:v:33:y:2015:i:5:p:436-445
    DOI: 10.1108/JPIF-05-2015-0027
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    Cited by:

    1. Marcin Sitek & Manuela Tvaronavičienė, 2021. "Innovation Management in Polish Real Estate Developers in the Renewable Energy Sources Context," Energies, MDPI, vol. 14(6), pages 1-20, March.
    2. Fahim Ullah & Samad M. E. Sepasgozar & Changxin Wang, 2018. "A Systematic Review of Smart Real Estate Technology: Drivers of, and Barriers to, the Use of Digital Disruptive Technologies and Online Platforms," Sustainability, MDPI, vol. 10(9), pages 1-44, September.

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