IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i14p8726-d864391.html
   My bibliography  Save this article

Key Initiatives for Digital Transformation, Green New Deal and Recovery after COVID-19 within the Construction Industry in Korea

Author

Listed:
  • Siyeon Kim

    (Department of Architectural and Urban Systems Engineering, Ewha Womans University, 52 Ewhayeodae-Gil, Seodaemun-Gu, Seoul 03760, Korea)

  • Meesung Lee

    (Department of Architectural and Urban Systems Engineering, Ewha Womans University, 52 Ewhayeodae-Gil, Seodaemun-Gu, Seoul 03760, Korea)

  • Ilhan Yu

    (Korea Research Institute for Construction Policy, 15 Boramae-ro 5-Gil, Dongjak-Gu, Seoul 07071, Korea)

  • JeongWook Son

    (Department of Architectural and Urban Systems Engineering, Ewha Womans University, 52 Ewhayeodae-Gil, Seodaemun-Gu, Seoul 03760, Korea)

Abstract

The low productivity of the construction industry has been identified as a chronic problem, and this has been exacerbated by recent environmental factors, including COVID-19 and climate change. As a response to these environmental changes, policies related to recovery after COVID-19, digital transformation, and the Green New Deal have been established worldwide, and related projects have been launched. These three issues may seem to have different goals but they are interrelated, and guidelines for the direction of the construction industry should be outlined. In this study, key initiatives that need to be prioritized to successfully achieve the goals of the three issues are identified. Based on these, strategic directions and mid- to long-term measures to address environmental changes are suggested. This study surveys the perceptions of construction experts to establish the key initiatives via the analytic hierarchy process method, and their expected utility was evaluated. This study is significant in that it analyzes how construction experts perceive environmental changes and contributes to the development of the construction industry by identifying key initiatives that should be undertaken.

Suggested Citation

  • Siyeon Kim & Meesung Lee & Ilhan Yu & JeongWook Son, 2022. "Key Initiatives for Digital Transformation, Green New Deal and Recovery after COVID-19 within the Construction Industry in Korea," Sustainability, MDPI, vol. 14(14), pages 1-19, July.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:14:p:8726-:d:864391
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/14/8726/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/14/14/8726/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hess, Thomas & Matt, Christian & Benlian, Alexander & Wiesböck, Florian, 2016. "Options for Formulating a Digital Transformation Strategy," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 81032, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    2. Jae-Hyup Lee & Jisuk Woo, 2020. "Green New Deal Policy of South Korea: Policy Innovation for a Sustainability Transition," Sustainability, MDPI, vol. 12(23), pages 1-17, December.
    3. Hess, Thomas & Matt, Christian & Benlian, Alexander & Wiesböck, Florian, 2016. "Options for Formulating a Digital Transformation Strategy," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 82423, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Felipe Araya & Paula Poblete & Luis Arturo Salazar & Omar Sánchez & Leonardo Sierra-Varela & Álvaro Filun, 2024. "Exploring the Influence of Construction Companies Characteristics on Their Response to the COVID-19 Pandemic in the Chilean Context," Sustainability, MDPI, vol. 16(8), pages 1-25, April.
    2. Yu, Hongyang & Wang, Jinchao & Xu, Jiajun, 2023. "Assessing the role of digital economy agglomeration in energy conservation and emission reduction: Evidence from China," Energy, Elsevier, vol. 284(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Swen Nadkarni & Reinhard Prügl, 2021. "Digital transformation: a review, synthesis and opportunities for future research," Management Review Quarterly, Springer, vol. 71(2), pages 233-341, April.
    2. Hans-Joachim Schramm & Carolin Nicole Czaja & Michael Dittrich & Matthias Mentschel, 2019. "Current Advancements of and Future Developments for Fourth Party Logistics in a Digital Future," Logistics, MDPI, vol. 3(1), pages 1-17, February.
    3. Chwiłkowska-Kubala, Anna & Cyfert, Szymon & Malewska, Kamila & Mierzejewska, Katarzyna & Szumowski, Witold, 2023. "The impact of resources on digital transformation in energy sector companies. The role of readiness for digital transformation," Technology in Society, Elsevier, vol. 74(C).
    4. Ander, Veronika & Cihelka, Petr & Tyrychtr, Jan & Novák, David, 2022. "Towards Compromise User Experience Design in Ambient Intelligent Environment," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 14(2), June.
    5. Jinqiu He & Huiwen Su, 2022. "Digital Transformation and Green Innovation of Chinese Firms: The Moderating Role of Regulatory Pressure and International Opportunities," IJERPH, MDPI, vol. 19(20), pages 1-21, October.
    6. Severin Oesterle & Arne Buchwald & Nils Urbach, 2022. "Investigating the co-creation of IT consulting service value: empirical findings of a matched pair analysis," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(2), pages 571-597, June.
    7. Cong Cheng & Hongfang Cui, 2024. "Combining digital and legacy technologies: firm digital transformation strategies—evidence from Chinese manufacturing companies," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-14, December.
    8. T. O. Tolstykh & L. A. Gamidullayeva & E. V. Shkarupeta, 2018. "Key factors of development of the industrial enterprises in the conditions of the industry 4.0," Russian Journal of Industrial Economics, MISIS, vol. 11(1).
    9. Tina C. Ambos & Katherine Tatarinov, 2022. "Building Responsible Innovation in International Organizations through Intrapreneurship," Journal of Management Studies, Wiley Blackwell, vol. 59(1), pages 92-125, January.
    10. Hua Zhang & Qiwang Zhang, 2023. "How Does Digital Transformation Facilitate Enterprise Total Factor Productivity? The Multiple Mediators of Supplier Concentration and Customer Concentration," Sustainability, MDPI, vol. 15(3), pages 1-18, January.
    11. Sebastian Kussl & Andreas Wald, 2022. "Smart Mobility and its Implications for Road Infrastructure Provision: A Systematic Literature Review," Sustainability, MDPI, vol. 15(1), pages 1-20, December.
    12. Coskun-Setirek, Abide & Tanrikulu, Zuhal, 2021. "Digital innovations-driven business model regeneration: A process model," Technology in Society, Elsevier, vol. 64(C).
    13. Ge Zhang & Yuxiang Gao & Gaoyong Li, 2023. "Research on Digital Transformation and Green Technology Innovation—Evidence from China’s Listed Manufacturing Enterprises," Sustainability, MDPI, vol. 15(8), pages 1-23, April.
    14. Sascha Kraus & Paul Jones & Norbert Kailer & Alexandra Weinmann & Nuria Chaparro-Banegas & Norat Roig-Tierno, 2021. "Digital Transformation: An Overview of the Current State of the Art of Research," SAGE Open, , vol. 11(3), pages 21582440211, September.
    15. Huifang Liu & Jin-Sup Jung, 2024. "Impact of Digital Transformation on ESG Management and Corporate Performance: Focusing on the Empirical Comparison between Korea and China," Sustainability, MDPI, vol. 16(7), pages 1-17, March.
    16. Rugiubei Radu & Pînzaru Florina, 2022. "The digitalization of supply chain management in Romanian companies: an introductive research," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 16(1), pages 1295-1305, August.
    17. Junru Chen & Lei Shen, 2024. "A Synthetic Review on Enterprise Digital Transformation: A Bibliometric Analysis," Sustainability, MDPI, vol. 16(5), pages 1-20, February.
    18. Piepponen, Amanda & Ritala, Paavo & Keränen, Joona & Maijanen, Päivi, 2022. "Digital transformation of the value proposition: A single case study in the media industry," Journal of Business Research, Elsevier, vol. 150(C), pages 311-325.
    19. Weber, Ellen & Büttgen, Marion & Bartsch, Silke, 2022. "How to take employees on the digital transformation journey: An experimental study on complementary leadership behaviors in managing organizational change," Journal of Business Research, Elsevier, vol. 143(C), pages 225-238.
    20. Kao, Ling-Jing & Chiu, Chih-Chou & Lin, Hung-Tse & Hung, Yun-Wei & Lu, Cheng-Chin, 2024. "Unveiling the dimensions of digital transformation: A comprehensive taxonomy and assessment model for business," Journal of Business Research, Elsevier, vol. 176(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:14:p:8726-:d:864391. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.