Investigating The Internationalisation Of Malaysian Construction Firms Using The Integrated E3r Model
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Date
2010-11
Authors
Wong, Sing Sing
Journal Title
Journal ISSN
Volume Title
Publisher
Universiti Sains Malaysia
Abstract
As a WTO signatory, construction market in Malaysia has become more open to
foreign construction firms. Malaysian CIDB has launched a master plan to drive the
growth of the construction industry. Furthermore, the trend shows the increasing
involvement of Malaysian construction firms in international markets. But limited
studies have been conducted.
Previous studies investigated the internationalisation of construction firms by
applying a single theory. This study examines it with the integrated E3R Model.
This model consists of Eclectic Paradigm, Resource-Based View, Diamond
Framework, Network Approach, Stage Growth Theory and International
Entrepreneurship Theory. The entrepreneur is the key character in this model. He
makes decision by considering resource factors, regional factors and relationship
factors.
This study adopted the mixed methods with the triangulation of data. Postal
questionnaires were sent to 74 internationalised construction firms. 14 of them
returned the questionnaire. Seven respondents agreed to be interviewed.
This study found that firm-specific ownership advantages were more important for
the internationalisation compared to country-specific ownership advantages.
Malaysian construction firms will consider a wide range of regional factors before
selecting overseas locations. International business networks were more important
than local business networks. The network distance prevailed over the psychic
distance. The important role of top management for the firm’s internationalisation
was highlighted. Top management’s subjective characteristics prevail over objective
characteristics.
Description
Keywords
The internationalisation of construction firms , with the integrated E3R Model