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http://dx.doi.org/10.5345/JKIBC.2021.21.4.319

Diversification Strategies of Overseas Construction using the Berry-Herfindahl Index  

Park, Hwan-Pyo (Korea Institute of Civil Engineering and Building Technology)
Publication Information
Journal of the Korea Institute of Building Construction / v.21, no.4, 2021 , pp. 319-331 More about this Journal
Abstract
This study analyzed diversification and diversification indices by region and construction type of overseas construction in major global countries using the Berry-Herfindahl Index. The analysis found that advanced European countries account for most of the countries with a high overseas share of global design and construction companies, and a high degree of diversification by engineering and by region. Korea is pushing for diversification through the specialization of construction enterprises by type of construction, and design enterprises are concentrated in some areas and specializations by type of construction and region. In the future, Korea's global construction companies need to strengthen their overseas competitiveness by diversifying their overseas business areas and their industrial sectors in the way that advanced countries have.
Keywords
berry-herfindahl index; overseas revenue; overseas competition; diversification; specialization; competitiveness evaluation;
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Times Cited By KSCI : 3  (Citation Analysis)
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