This article aims to investigate the trade credit policies in construction firms across Central-Eastern Europe (CEE) and Western Europe (WE). Utilizing financial data from construction companies in 12 European Union (EU) countries (2000-2020), sourced from the BACH-ESD database, panel data...

Seeking to increase their innovative strength, family firms increasingly collaborate with startups to explore new technologies, act upon trends, and rejuvenate their corporate culture. While family firms usually innovate incrementally, collaborating with startups allows them to take a more...

In light of rising oil and gas prices, investments in energy-efficient building renovation in Germany have risen recently in nominal terms. In 2023, around 72 billion euros were spent on the energy-efficient renovation of residential, public, and commercial buildings, about 12 billion more than...

Purpose - The aim of the research was to apply the principles of the quality management system in order to establish a framework for implementing quality management practices within the construction industry. Research methodology - The study involved analysing the global experience of certifying...

This study explores the impact of adopting the quality management system according to the International Standardization for Organizations (ISO) standards called ISO 9001 on firms' working capital management efficiency (WCME). This study analyzes Small- and Medium-Sized Enterprises (SMEs) in the...

This study investigates the most effective leadership style for enhancing safety performance in the construction industry. Through a scientometric analysis of 114 research papers and a meta-analysis of 13 studies involving 7220 participants, it uncovers a growing body of research on safety...

This research intends to explore how gender impacts different aspects of the quality of work life, emotional intelligence, and the work-family interface among professionals in the Indian construction industry. This study employs quantitative methodology using a questionnaire survey. The...

According to the latest review report of the Council of Experts on Climate Change, the German building sector failed to meet its greenhouse gas emission reduction targets in 2022. This is in part because investments in energy-efficient building refurbishment-supported by all kinds of policy...

The UK government is promoting the Modern Methods of Construction (MMC) by presumption in favour due to outperforming traditional methods in meeting key industry goals. Despite the public construction sector’s recognition of the benefits, MMC uptake across this influential purchasing power is...

Digital technologies are being introduced in all areas of the construction industry with the overarching goals of increasing productivity while simultaneously simplifying work and reducing errors. Nevertheless, their use and the associated implementation in construction companies is currently...

Real construction volume is expected to decline for the fifth year in a row: A decline of nearly four percent is expected for 2024 and it should fall by almost one percent in 2025. However, the construction industry may manage to reverse the trend in 2026, when real construction volume is...

Das reale Bauvolumen wird 2025 das fünfte Jahr in Folge schrumpfen: Es dürfte um knapp ein Prozent sinken. Im vergangenen Jahr lag das Minus wohl bei fast vier Prozent. Allerdings dürfte die Bauwirtschaft im kommenden Jahr die Trendwende schaffen. Das reale Bauvolumen wird 2026...

Das reale Bauvolumen wird 2025 das fünfte Jahr in Folge schrumpfen: Es dürfte um knapp ein Prozent sinken. Im vergangenen Jahr lag das Minus wohl bei fast vier Prozent. Allerdings dürfte die Bauwirtschaft im kommenden Jahr die Trendwende schaffen. Das reale Bauvolumen wird 2026...

We document a Kuznets curve for construction productivity in 20th-century America. Homes built per construction worker remained stagnant between 1900 and 1940, boomed after World War II, and then plummeted after 1970. The productivity boom from 1940 to 1970 shows that nothing makes technological...

In dieser Studie wird die Alterszusammensetzung der unselbständig Beschäftigten in Wien im Vergleich zu den übrigen österreichischen Bundesländern analysiert. Branchenspezifische Unterschiede und mögliche Auffälligkeiten im Anteil älterer und jüngerer Arbeitskräfte sowie...

The construction industry faces risks across various domains, including cost, safety, schedule, quality, and supply chain management. Recent artificial intelligence (AI) advancements offer promising solutions to enhance risk management. This systematic literature review (SLR) explores the...

The coexistence of the winner's curse and cost overruns in the construction industry implies a cost pendulum in which the winning bid is undervalued, whereas the final payment to the contractor is overvalued. We posit that this results from a strategic interaction between three stakeholders: the...

The construction industry has a crucial place in any country's economy. However, compared to other sectors, construction companies have been relatively slow to adopt new technologies, while most companies in different sectors have already begun to adopt the latest technologies to renovate their...

This report has been prepared within the 'European Monitor of Industrial Ecosystems' (EMI) project with the objective to analysing the green and digital transformation of industrial ecosystems and progress made over time, in this specific case construction. The second edition of the Industrial...

This article proposes to take a fresh look at Germany’s colonial past and its key players in order to trace the particular influence of economy in colonial contexts. It presents the Gutehoffnungshütte (GHH) as a colonial actor outside the sectors typically explored in the context of the...

Real construction volume is expected to decline for the fifth year in a row: A decline of nearly four percent is expected for 2024 and it should fall by almost one percent in 2025. However, the construction industry may manage to reverse the trend in 2026, when real construction volume is...

The general objective of this report is to identify the most effective strategies and policy scenarios to support a decarbonized building sector by 2050, both at the aggregate EU level and individual Member State (MS) level. It evaluates six strategies for reducing emissions across the entire...

Our research focuses on investment initiatives. The perceived risks are analysed from the consumer’s viewpoint, i.e., the client’s perspective, from the standpoint of the project. In the literature, there are several risk interpretations and classifications. We assumed it could be...

For many years, wage arrears have been a prevalent problem facing rural migrant workers in the construction sector in China. The difficulties of addressing wage arrears are multifaceted, but are clearly exacerbated by the complex layering of subcontracting that occurs in construction sector. In...

Artificial intelligence (AI) is a powerful technology with a range of capabilities, which are beginning to become apparent in all industries nowadays. The increased popularity of AI in the construction industry, however, is rather limited in comparison to other industry sectors. Moreover,...

The purpose of this article is twofold: to identify the critical risk factors (RFs) that impact supply chains (SC) in the engineering, procurement, and construction of large-scale projects (EPC-LSP) of the oil and gas industry (OGI) and to apply these RFs in a mathematical model developed, based...

Because the construction industry is widely viewed as the engine that drives economies around the world, understanding how companies achieve their competitive advantages through innovation, the use of information technologies, strategies, business models, or human resources is vital. The current...