Critical Barriers to International Construction Joint Ventures Success: Multiexpert Views and Contextual Disparities

业务 关键成功因素 排名(信息检索) 公司治理 公共关系 发展中国家 营销 知识管理 政治学 经济增长 经济 计算机科学 财务 机器学习
作者
Mershack Opoku Tetteh,Albert P.C. Chan,Amos Darko,Alex Torku,Gabriel Nani
出处
期刊:Journal of the Construction Division and Management [American Society of Civil Engineers]
卷期号:147 (8) 被引量:11
标识
DOI:10.1061/(asce)co.1943-7862.0002059
摘要

International construction joint ventures (ICJVs) have evolved as an effective approach to sustainable development, given their myriad socioeconomic and environmental benefits. Despite the benefits, the successful implementation of ICJVs is still hindered by several barriers. However, limited studies exist that have comprehensively analyzed the critical barriers to ICJV success. This study aims to examine the criticality of barriers to ICJV success. Through a comprehensive literature review, 36 barriers were identified, and an expert survey was conducted with 123 ICJV experts from 24 different countries/jurisdictions around the world. The results confirmed the criticality of 22 of the 36 barriers used for the survey. Most of the critical barriers were attributed to lack of attention to management and organizational issues during ICJV implementation. In developed countries, the leading barriers are more collective (from the ICJV) than from individual partners; the reverse is rather true in developing countries. Mann-Whitney U test results showed some significant differences in the rankings of the barriers between the two contexts. Moreover, there was significant agreement on the ranking of the critical barriers between experts from the industrial sector and those from the academic sector. Five components were obtained through factor analysis, namely, knowledge limitations, operational and governance-related barriers, coordinating difficulties, system and cultural barriers, and interface-oriented and outlook barriers. This study contributes to deepening the understanding of barriers to ICJV success and helping ICJV front-liners (i.e., top team managers) and policymakers in developing suitable measures and policies to ensure successful implementation of ICJVs. It could also direct researchers toward examining the influences of these barriers on ICJVs' overall performance goals to devise clear-cut frameworks, seeking their successful implementation in the future.

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