Factors promoting innovation and efficiency in the construction industry : a comparative study of New Zealand and Australia
Chancellor, Will; Abbott, Malcolm; Carson, Chris
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Citation:Chancellor, W., Abbott, M., & Carson, C. (2015). Factors promoting innovation and efficiency in the Construction Industry: A comparative study of New Zealand and Australia. Construction Economics and Building, 15 (2), pp.63-80. doi:http://dx.doi.org/10.5130/AJCEB.v15i2.4386
Permanent link to Research Bank record:http://hdl.handle.net/10652/3471
There have been numerous concerns about the lack of productivity improvement in the New Zealand construction industry. The aim of this paper, therefore, is to determine the main drivers of productivity in the industry. The research used is a two-staged data envelopment analysis approach to achieve the aim. In terms of improvements to the productivity of construction in New Zealand, the study found that although there is a potential for gains through the greater use of research and development, apprentice training and degree education, as well as the consolidation of some building companies, there will be some limits to the gains that might be made. One main implication of the findings of the study, therefore, is that a renewed focus on education and skills training should be a priority of companies and policy makers in New Zealand.
Keywords:New Zealand, construction industry, productivity, construction education, data envelope analysis, Australia
ANZSRC Field of Research:120201 Building Construction Management and Project Planning
Copyright Holder:Construction Economics and Building 2015. © 2015 Will Chancellor, Malcolm Abbott and Chris Carson.
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