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A new mixed approach for modelling and assessing environmental influences to value co-creation in the construction industry

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  • Jingxiao Zhang
  • Klaus Schmidt
  • Haiyan Xie
  • Hui Li

Abstract

This research studies closely related environmental forces that impact the growth of a company and their respective results of value co-creation in an enterprise (VCCE). With the purpose to coordinate environmental forces and VCCE, this paper presents an innovative mixed model (BP-FA-SD method) using expert grading method, BP neural network, factor analysis and system dynamics. In this BP-FA-SD method, environmental forces are categorised into economic force, cultural force and administrative force. The VCCE value space is mainly divided into social value, symbol value and product value. This research applies an expert grading method to assess the environmental forces of the selected cases, computes the synergy condition using the BP method, and implements the cluster analysis and SD simulation with the FA and SD methods correspondingly. The results of the BP-FA-SD method indicated the positive synchronisation of the development of enterprise forces in the selected construction companies. The findings would help enterprises to find the optimal development paths with synergistic outcomes from the internal and external factors. It further provides a new scheme of the system improvement of the VCCE time-to-performance with the momentum of environmental forces. The research presents a comprehensive instrument for fundamental reconsideration of environmental forces and their influences.

Suggested Citation

  • Jingxiao Zhang & Klaus Schmidt & Haiyan Xie & Hui Li, 2016. "A new mixed approach for modelling and assessing environmental influences to value co-creation in the construction industry," International Journal of Production Research, Taylor & Francis Journals, vol. 54(21), pages 6548-6562, November.
    • Handle: RePEc:taf:tprsxx:v:54:y:2016:i:21:p:6548-6562
    DOI: 10.1080/00207543.2016.1145818
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    Cited by:

    1. Jingxiao Zhang & Haiyan Xie & Hui Li, 2017. "Positioning and Priorities of Growth Management in Construction Industrialization: Chinese Firm-Level Empirical Research," Sustainability, MDPI, vol. 9(7), pages 1-23, June.
    2. Tao Chen & Guangqiu Huang & Ayokunle Olubunmi Olanipekun, 2018. "Simulating the Evolution Mechanism of Inner Innovation in Large-Scale Construction Enterprise with an Improved NK Model," Sustainability, MDPI, vol. 10(11), pages 1-22, November.

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