Authors: Richard Fellows, Yubin Li, Anita Liu
Addresses: Department of Civil and Building Engineering, Loughborough University, Loughborough, Leicestershire LE11 3TU, UK. ' China Merchants Logistics Group Co., Ltd., 52, Shuiwan Road, Nanshan, Shenzhen, Guangdong, China. ' Department of Real Estate and Construction, The University of Hong Kong, 5/F, Knowles Building, Pokfulam Road, Hong Kong
Abstract: China|s construction state-owned enterprises (SOEs) remain tormented by impotent long-term competitiveness and lack of knowledge about how to adapt to the market economy environment. This study investigates the interaction between firms| external environment, internal resources and competences, and organisational performance. By combining industrial/organisational theory and the resource-based view, this research explores the relations between large construction SOEs and their organisational performance under evolving environmental factors. The study uses structural equations modelling of questionnaire survey data to analyse the inter-relationships of the external environment and organisations| resources and competences. Internal resources and competences are important in determining SOEs| organisational performance.
Keywords: competences; industrial theory; organisational theory; organisational performance; resource-based views; state owned enterprises; strategic management; China; SOEs; construction industry; long-term competitiveness; adaptability; market economy; interaction; external environments; internal resources; environmental factors; structural equations; inter-relationships; business performance; performance management.
International Journal of Business Performance Management, 2010 Vol.12 No.2, pp.136 - 164
Published online: 24 Jan 2011 *Full-text access for editors Access for subscribers Purchase this article Comment on this article