Please use this identifier to cite or link to this item: https://doi.org/10.1080/0144619042000202780
Title: A comparative study of top British and Chinese international contractors in the global market
Authors: Pheng, L.S. 
Hongbin, J.
Leong, C.H.Y. 
Keywords: China
Firms
Great Britain
International construction
Performance
Issue Date: 2004
Source: Pheng, L.S.,Hongbin, J.,Leong, C.H.Y. (2004). A comparative study of top British and Chinese international contractors in the global market. Construction Management and Economics 22 (7) : 717-731. ScholarBank@NUS Repository. https://doi.org/10.1080/0144619042000202780
Abstract: While British contractors have one of the longest history and experience in the international construction market, Chinese contractors are relative newcomers where the global market is concerned. This study compares the performance of top British and Chinese contractors based on the OLI+S model, which incorporates the ownership (O), locational (L), internalization (I) and specialty (S) factors. The study suggests that the international involvement of top British contractors has declined from a peak in 1996, while that of the top Chinese contractors has grown steadily since the 1980s. All the OLI+S advantages of top British construction firms were higher than those of their Chinese counterparts even though the number of Chinese construction firms ranked in the top 225 international contractors by the US-based Engineering News Record was higher than that of the British firms. This study further recommends that the internalization and specialty advantages of top British firms and some of the ownership advantages of top Chinese firms may provide them with opportunities to work together in many areas. © 2004 Taylor and Francis Ltd.
Source Title: Construction Management and Economics
URI: http://scholarbank.nus.edu.sg/handle/10635/45536
ISSN: 01446193
DOI: 10.1080/0144619042000202780
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