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Ownership advantages/disadvantages of Singapore transnational construction corporations

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Author Info
Javier C. Cuervo
Low Sui Pheng
Abstract

Expanding beyond Singapore's boundaries has been a source of increased business for Singapore transnational construction corporations (STCCs). This paper analyses the significance of ownership advantage and disadvantage factors of STCCs in pursuing their international construction business, relative to other ASEAN contractors and contractors from developed countries. Moreover, this study examines if these ownership factors do vary significantly according to firm specific contextual variables in the STCCs such as size, international age, multinationality and extent of specialization/diversification. Based on responses from 22 STCCs, this study has found that the most important ownership advantage factors of STCCs were identified as coming from: (1) information, knowledge, technology and R&D capability; (2) the firm's name and reputation; and (3) management and organizational capability. Relative to established international contractors STCCs have a significant size disadvantage with reference to certain project types.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Construction Management & Economics.

Volume (Year): 21 (2003)
Issue (Month): 1 (January)
Pages: 81-94
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Handle: RePEc:taf:conmgt:v:21:y:2003:i:1:p:81-94

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Related research
Keywords: Ownership Advantages And Disadvantages; Singapore Transnational Construction Corporation; International Construction;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. John H Dunning, 1995. "Reappraising the Eclectic Paradigm in an Age of Alliance Capitalism," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 26(3), pages 461-491, September. [Downloadable!] (restricted)
  2. Masahiko Itaki, 1991. "A Critical Assessment of the Eclectic Theory of the Multinational Enterprise," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 22(3), pages 445-460, September. [Downloadable!] (restricted)
  3. John Dunning, 1981. "Explaining the international direct investment position of countries: Towards a dynamic or developmental approach," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 117(1), pages 30-64, March. [Downloadable!] (restricted)
  4. Lall, Sanjaya, 1980. "Monopolistic Advantages and Foreign Involvement by U.S. Manufacturing Industry," Oxford Economic Papers, Oxford University Press, vol. 32(1), pages 102-22, March. [Downloadable!] (restricted)
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This page was last updated on 2009-12-5.

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