This study tests the connectionbetween corporate governance structures and firm value, incorporating financial distress as a mediating mechanism among construction companies listed in ASEAN markets. Utilizing a sample of 58 firms drawn from an initial population of 169 companies over the...

We leverage multimodal large language models (LLMs) to construct a dataset of 306,070 German patents (1877-1918) from 9,562 archival image scans using our LLM-based pipeline powered by Gemini-2.5-Pro and Gemini-2.5-Flash-Lite. Our benchmarking exercise provides tentative evidence that multimodal...

Following five years of crisis, construction output will grow in real terms again in 2026, increasing by 1.7 percent. Next year, growth could reach nearly 3.5 percent. Public construction is driving this recovery. Real public construction volume is expected to grow by 6.7 percent in both 2026...

Small and medium-scale enterprises (SMEs) play a crucial role in most developing countries. However, many of these enterprises face a range of challenges that hinder their growth and survival. This research aimed to examine the critical success factors affecting the growth of different sizes of...

This study examines how blockchain technology (BT) enhances sustainability and resilience in construction supply chains (CSCs). Recognizing the sector's vulnerability to disruptions and inefficiencies, the research aims to identify key blockchain facilitators (BTFs) that enhance environmental,...

In 2023, the JRC Technical Report "The status and needs for implementation of Fire Safety Engineering approach in Europe", presented the results of a survey carried out by the European Commission Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW) and the...

This study investigates the determinants shaping Construction 4.0 adoption in the Australian construction sector, with a focus on organisational integration and workforce skills development. Drawing on the technology-organisation-environment (TOE), resource-based view (RBV) and socio-technical...

Malaysia's construction sector, the fourth largest plastic consumer, contributes around six percent of national plastic usage. Despite this, plastic circularity efforts have largely focused on packaging and consumer goods, leaving construction underexplored. The sector's plastic recycling rate...

We construct an exchange-traded fund (ETF) based on the CRyptocurrency IndeX (CRIX), which closely maps nonstationary cryptocurrency (CC) dynamics by adapting the weights of its constituents dynamically. Our scenario analysis considers the fee schedules of regulated CC exchanges, spreads...

Many Korean local governments have enacted ordinances that enable resident participation in the supervision of public construction projects, yet an implementation gap persists between the legal framework and actual engagement. This study thus examined causes of and strategies for residents'...

The rapid expansion of civil infrastructures has improved the quality of life but has also resulted in a significant increase in industrial solid wastes (ISWs), posing serious sustainability challenges, particularly for waste disposal. To address the challenges, this study investigated the state...

The construction sector has long been underrepresented in business historical studies and debates. While an application of the "historical alternatives to mass production" approach has provided a valuable conceptual framework, this paper offers a still-needed quantitative basis to assess actual...

The construction of the Tehran-Shomal Freeway is a major infrastructural project in Iran aimed at enhancing connectivity between Tehran and northern regions. This study evaluates the environmental impacts associated with the construction of the third section of this freeway. Using Life Cycle...

Megaprojects have a huge contribution to the built environment and development of nations, and they are a key contribution economically and socially. However, we can only seek to mitigate the unavoidable environmental impacts that accompany megaprojects, particularly in the construction...

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...

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...

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...

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...

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...

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...

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...

This study aims to explore the transformative impact of emerging technologies such as Building Information Modeling (BIM), Artificial Intelligence (AI) and the Internet of Things (IoT), on construction logistics management systems.This study employs a systematic literature review (SLR) in three...

The strategic choice of project delivery method profoundly impacts the success of residential construction projects. This study focuses on the Indian construction industry intricate dynamics involving various stakeholders, including project managers, contractors, and clients, in shaping project...

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 construction industry in Malawi plays a pivotal role in national development yet faces persistent challenges that hinder its performance and sustainability. This study aimed to identify and prioritise research needs across key stakeholder groups within the industry, using a mixed-methods...

The practice of sustainability reporting in the construction sector has been established to promote responsible practices and align the sector's activities with the Sustainable Development Goals (SDGs). The present study is an SLR, the results of which are based on 204 articles extracted from...

Environmental concern and the stringent regulations of the construction sector are leading to increasing pressure for the adoption of sustainable practices; however, this is accompanied by technical, operational, and organizational challenges. Little is known about how these factors, taken...

Green building development has emerged as a pivotal strategy for achieving sustainability in China's rapidly evolving construction sector. This study examines the convergence of digital technologies, drivers, barriers, and promotional strategies that influence green building development in...

Modern Methods of Construction (MMC) have emerged as transformative strategies for enhancing sustainability, efficiency, and cost-effectiveness in the construction sector. This study investigates the influence of MMC on the economic, social, and environmental dimensions of sustainable...