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A Study on Strategies of Small and Midsize Construction Companies for Joint Overseas Expansion
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 Title & Authors
A Study on Strategies of Small and Midsize Construction Companies for Joint Overseas Expansion
Yun, Seong-Hee; Yu, Jung-Ho; Cho, Hun-Hee; Jang, Hyoun-Seung;
 
 Abstract
Overseas construction market continues to grow while that of Korea suffers sluggish growth. Under the circumstances, Korean construction companies are expanding its presence in the overseas market to overcome the crisis. However, only a handful of construction conglomerates have entered into the overseas market so far. Different working and business environment, language, culture and system also pose great risks for small and medium construction firms that are relatively incompetent to enter the market abroad. Therefore, the paper suggested ways to enhance their competence and address problems they face. To this end, with focus on the small and medium construction firms that were deemed to have less overseas work experience and less competency among the local ones, it identified their issues arising from overseas projects and incompetent areas and the cause and effect of such incompetency through DEMATEL technique.
 Keywords
Overseas Construction;Joint Expansion;Midsize Construction Companies;
 Language
Korean
 Cited by
1.
성공적 해외건설사업을 위한 입찰단계의 리스크 관리 프로세스 모델 개발 - 발전 플랜트 EPC 사업을 중심으로 -,서재필;류한국;손보식;최윤기;

한국건설관리학회논문집, 2016. vol.17. 4, pp.76-86 crossref(new window)
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