Abstract
The purpose of this research is to study the vulnerability of construction enterprises’ innovation capabilities (CEIC) and their respective primary influencing factors. This paper proposed a vulnerability system framework of CEIC, designed two comprehensive assessments for analysis, namely the entropy and set pair analysis method (E-SPA) and the principle cluster analysis and SPA method (P-SPA), and compared grades to verify the vulnerability assessments. Further, the paper quantitatively assessed the major influencing factors in facilitating management, reducing vulnerability, and improving the ability of construction enterprises to respond to changes in the construction industry. The results showed that vulnerability could be effectively and systematically evaluated using E-SPA. However, managing or reducing entrepreneurial sensitivity and improving the ability to respond was critical to supporting sustainable CEIC. The case studies included in this paper suggested that in ensuring sustainable CEIC, companies should concentrate on highly educated human resources, R&D investments, intellectual property related innovations, and government support. This research provided a practical framework and established a sustainable strategy for companies to manage their vulnerability in developing innovation capability. In addition, this research presented an innovative and effective way to quantitatively analyze vulnerability which offered a foundation to signify a new paradigm shift in construction sustainable development.
Highlights
As a critical driver of the sustainable development of a nation, a region, an industry, or an enterprise, innovation can provide a continual basis for sustainable socio-economic development and growth
The results show that the principle cluster analysis and Set Pair Analysis (SPA) method (P-SPA) method effectively validates the entropy and set pair analysis method (E-SPA) method to assess the vulnerability and its grade of construction enterprises’ innovation capabilities (CEIC)
This study proposed a new systematic approach to supplement the quantitative framework and methods in examining the uncertainty regarding a company’s ability to innovate applied to the case of construction enterprises
Summary
As a critical driver of the sustainable development of a nation, a region, an industry, or an enterprise, innovation can provide a continual basis for sustainable socio-economic development and growth. The innovation accomplishments of construction enterprises are affected by the innovation efforts of other firms, and are achieved through the continuing cooperation among industries for breakthroughs in products, processes, and designs. These breakthroughs reflect the strength and innovative desires and interests of construction companies. Civil infrastructure companies are large in size and have potential for radical innovations, while residential construction companies are usually small and give limited consideration as to how to effectively convert new research and development into innovation. A similar observation was made by Hultgren and Tantawi [9] in the study of potential radical innovation in large firms
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