Strategic Collaboration in Entrepreneurship in the Construction Industry
Keywords:
Construction industry, collaboration, entrepreneurshipAbstract
This paper presents a critical literature review of research into strategic collaboration in entrepreneurship in the construction industry. Findings show that strategic collaboration is underutilized in most sectors of the construction industry, although it may be used in sectors like public procurement, renovation and green construction, and prefabricated housing. Strategic collaboration’s long-term relationships can help firms develop their products/services through network connections and deliver long-term continuous improvement. However, there are also challenges such as lack of IT system integration and power differentials. There are some areas, such as critical success factors and readiness evaluation, which have not been investigated in detail.
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