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http://dx.doi.org/10.6106/KJCEM.2018.19.3.089

Development of Overseas Construction Big Issues based on Analysis of Big Data  

Park, Hwanpyo (Construction Policy Research Institute, Korea Institute of Civil Engineering and Building Technology)
Han, Jaegoo (Construction Policy Research Institute, Korea Institute of Civil Engineering and Building Technology)
Publication Information
Korean Journal of Construction Engineering and Management / v.19, no.3, 2018 , pp. 89-96 More about this Journal
Abstract
This study derived big issues in overseas construction through big data analysis. To derive big issues in overseas construction, candidate groups of big issues were identified through big data analysis targeting 53,759 issues including 39,436 issues from major portal sites, 10,387 issues from daily newspapers, and 336 issues in construction magazines from Oct. 1, 2016 to Sep. 30, 2017. The main results are as follows: First, the main issues of overseas construction for the past one year showed that markets were concentrated in Middle East Asia and most of them were low-price order plant projects, which revealed the limitations. Although orders of overseas construction were slightly upward in the first half of 2017 compared to previous year, overseas construction orders are still unstable due to uncertainties in the international affairs and drops in oil prices. Second, the interest topics based on the 8th core keywords of overseas construction among the overseas construction issues for the past one year showed that region (29.9%), corporation environment (22.0%), profitability (17.0%), organizations (15.1%), projects (5.2%), market environment (3.6%), policy and system (3.6%), and education (3.5%) in the order of interest. Third, 10 core issues that have expandability and persistence of discourse were extracted out of 30 issue candidates with regard to eight keywords. Based on the extracted issues, detailed analysis on each of the core issues in overseas construction and correlation analysis between 10 core issues were conducted.
Keywords
Overseas Construction; Big Data; Big Issue; Global Competitiveness;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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