Abstract
Along with the economic acceleration and the consequent flourishing of urban infrastructure and real estate, there has been a tremendous development within the Chinese construction industry. However, the industry continues to suffer from excessive competition and low profit margins. Based on the resource partitioning process of organizational ecology theory, which predicts how market concentration relates to the survival of specialist and generalist organizations, this study analyzes the structure and the structural effect of the Jiangsu construction industry. Using the event history analysis method and data of all companies known to have operated during the period 1989–2007, the survival of both large and small construction companies within this low but increasing concentration industry has been investigated. It is concluded that the increasing concentration of the Jiangsu construction industry has a negative effect on the survival of construction companies. Nevertheless, no resource partitioning process...
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