Browse > Article
http://dx.doi.org/10.12652/Ksce.2013.33.6.2529

A Study on Core Competencies to increase Global Competitiveness for the Korean Construction Industry - Focusing on Discrepancies Between Construction and Design Competencies -  

Kim, Sang-Bum (Dongguk University)
Kim, Yong-Bi (Dongguk University)
Publication Information
KSCE Journal of Civil and Environmental Engineering Research / v.33, no.6, 2013 , pp. 2529-2539 More about this Journal
Abstract
The Korean construction industry has led the miraculous economic boost of Korea by providing solid domestic infrastructures such as highway, roads, and airports. It also played a critical role in global construction market and eaned more than 500 billions dollars in terms of their accumulated international orders. However, domestic construction market has significantly decreased in recent years due to the domestic political environments and global economic crisis. Therefore, the importance of international construction market cannot be more emphasized to the Korean construction market in order for the sustainable growth. There has been, however, little research in the area of identifying required competency elements for the Korean construction industry to stay successful in the global market. The main purpose of this study is to identify elements of core competency to increase global competitiveness for Korean construction industry. Core global construction competency elements were derived from the internal and external environmental analyses along with the extensive literature review, expert interviews and a survey. This study utilized the Importance-Performance Analysis (IPA) and a gap analysis in providing insights on the status competitiveness of the Korean construction industry in terms of required global core competency elements. The analysis shows that project management and financial management are the main areas for improvements required to engineering contractors while construction contractors need to take a more balanced approach among technical, project management, and financial management in order to increase their global competencies.
Keywords
Global construction; Core competency; Importance-performance analysis(IPA); Gap analysis;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
1 Cho, C. J. (2012). 2040 India will overtake america, KDI (in Korean).
2 Engineering News Record (2009-2012). Global top contractor & design firms.
3 Global Insight (2009). Global GDP overview.
4 Jang, H. S., Choi, S. I., Yi, J. S. and Kim, S. B. (2005). "A study of the global design firm's strategy for strengthen its competitiveness." Journal of Architectural Institute of Korea, Vol. 22, No. 7, pp. 91-98 (in Korean).
5 KICT (2012). Global construction engineering demand research about necessary information (in Korean).
6 Kim, S. B. (2012). A study on engineering industry expand research, KENCA (in Korean).
7 Kim, S. B., Kim, J. W. and Lee, J. D. (2008). "A benchmarking study on engineering project delivery system -A case study FIDIC & U.S. governmental regulation-." Journal of the Korean Society of Civil Engineers, Vol. 28, No. 2D, pp. 249-258 (in Korean).
8 Lee, T. S. and Jun, Y. J. (2007). "A study on the activation of construction engineering industry." Journal of Korean Society of Civil Engineers, Vol. 55, No. 11, pp. 45-58 (in Korean).   과학기술학회마을
9 Martilla, J. A. and James, J. C. (1977). "Importance-performance analysis." Journal of Making, Vol. 41, No. 1, pp. 77-79.
10 NSTC (2008). Plan of the national fusion-technology initiative (in Korean).