IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i22p15897-d1279328.html
   My bibliography  Save this article

Assessment of Construction Competitiveness through Knowledge Management Process Implementation

Author

Listed:
  • Vo Dang Khoa

    (School of Management Technology, Sirindhorn International Institute of Technology, Thammasat University, Pathum Thani 12000, Thailand)

  • Thanwadee Chinda

    (School of Management Technology, Sirindhorn International Institute of Technology, Thammasat University, Pathum Thani 12000, Thailand)

Abstract

In the turbulent construction market, the knowledge management process (KMP) is one of the most valuable tools of sustainability to help construction companies deal with dynamic changes and enhance their construction competitiveness (CC). To effectively utilize KMP in construction, this study aims to explore the interrelationships between key KMP factors and their influences on the CC, utilizing the structural equation modeling (SEM) approach. The objectives include extracting key KMP factors necessary for the CC enhancement, identifying direct and indirect relationships between the KMP and CC factors, and developing a self-assessment form to assist construction companies in evaluating their KMP performance and planning for long-term improvement. The results show that the five key KMP factors, namely knowledge utilization (KU), knowledge dissemination (KD), knowledge responsiveness (KR), knowledge storage (KS), and knowledge acquisition (KA), have direct and indirect effects on CC and that the feedback of CC is sent back to KMP factors for continuous improvement. The KU factor is crucial for short-term improvement. Construction companies should utilize stakeholders’ current practices and experiences to solve problems, conclude lessons learned, and pinpoint practices for future uses. The KS factor, on the other hand, should be emphasized for long-term plans to enhance KMP implementation and CC achievements. A long-term investment plan should be initiated in the database system to properly and effectively implement digital transformation in the 4.0 Era. The self-assessment form developed from the study results assists construction companies in assessing their KMP implementation and planning for sustainable development.

Suggested Citation

  • Vo Dang Khoa & Thanwadee Chinda, 2023. "Assessment of Construction Competitiveness through Knowledge Management Process Implementation," Sustainability, MDPI, vol. 15(22), pages 1-33, November.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:22:p:15897-:d:1279328
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/22/15897/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/22/15897/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Manzoor Ul Akram & Chetna Chauhan & Koustab Ghosh & Amol Singh, 2019. "Knowledge Management, Sustainable Business Performance and Empowering Leadership: A Firm-Level Approach," International Journal of Knowledge Management (IJKM), IGI Global, vol. 15(2), pages 20-35, April.
    2. Toong Khuan Chan, 2009. "Measuring performance of the Malaysian construction industry," Construction Management and Economics, Taylor & Francis Journals, vol. 27(12), pages 1231-1244.
    3. Chen, Chung-Jen & Huang, Jing-Wen, 2009. "Strategic human resource practices and innovation performance -- The mediating role of knowledge management capacity," Journal of Business Research, Elsevier, vol. 62(1), pages 104-114, January.
    4. Anca-Mihaela BUTNARIU & Florin-Alexandru LUCA, 2020. "The Role Of Marketing Activities In Reducing Risk For Construction Companies," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 24, pages 369-375, December.
    5. Hesham S. Ahmad & Min An, 2008. "Knowledge management implementation in construction projects: a KM model for Knowledge Creation, Collection and Updating (KCCU)," International Journal of Project Organisation and Management, Inderscience Enterprises Ltd, vol. 1(2), pages 133-166.
    6. Hao Wang & Xianhai Meng, 2018. "BIM-Based Knowledge Management in Construction Projects," International Journal of Information Technology Project Management (IJITPM), IGI Global, vol. 9(2), pages 20-37, April.
    7. Muhammad Jahanzaib Yousaf & Qamar Ali, 2018. "Impact of Knowledge Management on Innovation: Evidence from a South Asian Country," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 17(03), pages 1-18, September.
    8. Rateb J. Sweis & Karam Ogla & Yousef Abdallat & Ghaleb J. Sweis & Taghrid Suifan & Rawan Saleh, 2020. "The impact of human resource management practices on organisational performance in construction companies in Jordan," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 23(4), pages 515-539.
    9. Soheila Albooyeh & Farzad Yaghmaie, 2019. "Evaluation of knowledge management model in construction companies using the fuzzy AHP and fuzzy TOPSIS," International Journal of Business Excellence, Inderscience Enterprises Ltd, vol. 18(1), pages 64-97.
    10. Min-Ren Yan, 2015. "Project-Based Market Competition and Policy Implications for Sustainable Developments in Building and Construction Sectors," Sustainability, MDPI, vol. 7(11), pages 1-26, November.
    Full references (including those not matched with items on IDEAS)

    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. Alba Manresa & Andrea Bikfalvi & Alexandra Simon, 2018. "The Use And Determinants Of Training And Development For Creativity And Innovation," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 22(07), pages 1-28, October.
    2. Henry M. H. Chan & Vincent W. S. Cho, 2022. "An Empirical Study: The Impact of Collaborative Communications on New Product Creativity That Contributes to New Product Performance," Sustainability, MDPI, vol. 14(8), pages 1-17, April.
    3. Oubrich, Mourad & Hakmaoui, Abdelati & Benhayoun, Lamiae & Solberg Söilen, Klaus & Abdulkader, Bisan, 2021. "Impacts of leadership style, organizational design and HRM practices on knowledge hiding: The indirect roles of organizational justice and competitive work environment," Journal of Business Research, Elsevier, vol. 137(C), pages 488-499.
    4. Chen, Jian-xun & Zhang, Bo & Zhan, Wu & Sharma, Piyush & Budhwar, Pawan & Tan, Hui, 2022. "Demystifying the non-linear effect of high commitment work systems (HCWS) on firms’ strategic intention of exploratory innovation: An extended resource-based view," Technovation, Elsevier, vol. 116(C).
    5. Frank Crowley & Jane Bourke, 2017. "The Influence Of Human Resource Management Systems On Innovation: Evidence From Irish Manufacturing And Service Firms," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(01), pages 1-28, January.
    6. Angélica Pigola & Priscila Rezende Costa, 2022. "In search of understanding about knowledge and learning on innovation performance," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(7), pages 3995-4022, July.
    7. Ngoc Thach Pham & Anh Duc Do & Quang Vinh Nguyen & Van Loi Ta & Thi Thanh Binh Dao & Dieu Linh Ha & Xuan Truong Hoang, 2021. "Research on Knowledge Management Models at Universities Using Fuzzy Analytic Hierarchy Process (FAHP)," Sustainability, MDPI, vol. 13(2), pages 1-15, January.
    8. Marcus Adam, 2018. "The Role of Human Resource Management (HRM) for the Implementation of Sustainable Product-Service Systems (PSS)—An Analysis of Fashion Retailers," Sustainability, MDPI, vol. 10(7), pages 1-27, July.
    9. Haneda, Shoko & Ito, Keiko, 2018. "Organizational and human resource management and innovation: Which management practices are linked to product and/or process innovation?," Research Policy, Elsevier, vol. 47(1), pages 194-208.
    10. Wang, Liwen & Zhao, Jane Zheng & Zhou, Kevin Zheng, 2018. "How do incentives motivate absorptive capacity development? The mediating role of employee learning and relational contingencies," Journal of Business Research, Elsevier, vol. 85(C), pages 226-237.
    11. Pietro Evangelista & Aino Kianto & Henri Hussinki & Mika Vanhala & Anna-Maija Nisula, 2023. "Knowledge-Based Human Resource Management, Logistics Capability, and Organizational Performance in Small Finnish Logistics Service Providers," Logistics, MDPI, vol. 7(1), pages 1-21, February.
    12. Mathushan P & Kengatharan N, 2022. "Human Resource Management Practices And Firm Innovation: Mediating Role Of Human Capital," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 14(2), pages 25-36, June.
    13. Walailak Rattanawong & Nuttida Suwanno, 2014. "Antecedents and Consequences of Service Innovation: An Empirical Study of Touring Business in the Southern Part of Thailand," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 1(1), pages 48-59, June.
    14. Harjit Sekhon & Andrews Agya Yalley & Sanjit Kumar Roy & Gurvinder Singh Shergill, 2016. "A cross-country study of service productivity," The Service Industries Journal, Taylor & Francis Journals, vol. 36(5-6), pages 223-238, April.
    15. Li-Ren Yang & Jieh-Haur Chen & Kun-Shan Wu & Di-Man Huang & Cheng-Hao Cheng, 2015. "A framework for evaluating relationship among HRM practices, project success and organizational benefit," Quality & Quantity: International Journal of Methodology, Springer, vol. 49(3), pages 1039-1061, May.
    16. Davar Azarmi, 2016. "Factors Affecting Technology Innovation and Its Commercialisation in Firms," Modern Applied Science, Canadian Center of Science and Education, vol. 10(7), pages 1-36, July.
    17. Tang, Xuli & Li, Xin & Ding, Ying & Song, Min & Bu, Yi, 2020. "The pace of artificial intelligence innovations: Speed, talent, and trial-and-error," Journal of Informetrics, Elsevier, vol. 14(4).
    18. Barba-Aragón, María Isabel & Jiménez-Jiménez, Daniel, 2020. "HRM and radical innovation: A dual approach with exploration as a mediator," European Management Journal, Elsevier, vol. 38(5), pages 791-803.
    19. Ketan Reddy & Radeef Chundakkadan & Subash Sasidharan, 2021. "Firm innovation and global value chain participation," Small Business Economics, Springer, vol. 57(4), pages 1995-2015, December.
    20. Wei Shan & Chu Zhang & Jingyi Wang, 2018. "Internal Social Network, Absorptive Capacity and Innovation: Evidence from New Ventures in China," Sustainability, MDPI, vol. 10(4), pages 1-27, April.

    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:15:y:2023:i:22:p:15897-:d:1279328. 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.