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  • articleNo Access

    Formulating a Framework for Relationally Integrated Construction Supply Chains

    Divergent goals, short-term objectives and fragmented approaches have weakened construction supply chains and thereby adversely affected their outputs and performance levels. Furthermore, relationships and satisfaction levels have also deteriorated due to these "disjointed' groupings and segregated functions. Construction clients and their contractors often appear to be polarized in some form of "opportunism" driven "adversarial" relationships, while other supply chain members seem to be "pulling" in different directions as well. In order to overcome these problems, a series of synergistic findings from research initiatives and knowledge "mining" in related topics are consolidated in this paper, so as to identify approaches for re-integrating construction supply chains. An analogy of achieving an appropriate "operational" equilibrium in construction supply chains is formulated, based on a careful identification of various sets of generic impacting "forces." This is linked to an amalgamation of identified best practices, an appreciation of "cultural" influences, and emerging relational contracting approaches. Distilling and synergizing useful relevant "knowledge" on the above from recent research exercises and related literature, a framework for relational integration of construction supply chains is conceptualized and presented in this paper.

  • chapterNo Access

    Chapter 8: Industrial Groupings and Foreign Direct Investment

    We explore worldwide foreign direct investment (FDI) location decisions by Japanese manufacturing firms from 1985 through 1991. Our conditional logit estimates provide evidence that firms’ location decisions are affected by membership in either vertical or horizontal keiretsu. Consistent with previous studies that stress agglomeration effects on firms’ location decisions, we find that the stock of investment in a region by a firm’s vertical keiretsu partners increases the probability of location. Further, we find that the recent flow of investment into a region by a firm’s horizontal keiretsu partners increases the probability of investment to the region, providing evidence of networking effects.