Innovation Performance and Its Impact on Profitability Among Different Sectors in the Australian Construction Industry
The BRITE (Building Research Information Technology and Environment) project was established by the Australian Cooperative Research Centre for Construction Innovation to encourage innovation in the construction industry. While innovation is generally perceived to be broadly beneficial, there has bee...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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UTS ePRESS
2012-11-01
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| Series: | Construction Economics and Building |
| Online Access: | https://learning-analytics.info/journals/index.php/AJCEB/article/view/2964 |
| _version_ | 1818153123018964992 |
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| author | Mary Hardie Graham Miller Karen Manley Stephen McFallan |
| author_facet | Mary Hardie Graham Miller Karen Manley Stephen McFallan |
| author_sort | Mary Hardie |
| collection | DOAJ |
| description | The BRITE (Building Research Information Technology and Environment) project was established by the Australian Cooperative Research Centre for Construction Innovation to encourage innovation in the construction industry. While innovation is generally perceived to be broadly beneficial, there has been little formal study of its occurrence or impact in Australian construction or of the factors which foster an innovative atmosphere within an enterprise. In order to benchmark innovation performance, the BRITE project conducted a survey in 2004 into the nature, incidence and variety of technological and organisational innovations in various sectors of the industry. With some exceptions, the survey found that clients and consultants engaged in significantly higher levels of innovation than did suppliers, main contractors or trade contractors. Within the industry sectors those organisations classified as high innovators favoured the adoption of advanced management practices and had formal evaluation systems in place to judge their progress. They reported significant positive impacts on their profitability from innovation and can therefore provide instructive examples for the rest of the industry to follow. |
| first_indexed | 2024-12-11T14:05:36Z |
| format | Article |
| id | doaj.art-3a3b6b7de3b8471a92b7b14747c426d2 |
| institution | Directory Open Access Journal |
| issn | 2204-9029 |
| language | English |
| last_indexed | 2024-12-11T14:05:36Z |
| publishDate | 2012-11-01 |
| publisher | UTS ePRESS |
| record_format | Article |
| series | Construction Economics and Building |
| spelling | doaj.art-3a3b6b7de3b8471a92b7b14747c426d22022-12-22T01:03:40ZengUTS ePRESSConstruction Economics and Building2204-90292012-11-016110.5130/AJCEB.v6i1.29641926Innovation Performance and Its Impact on Profitability Among Different Sectors in the Australian Construction IndustryMary Hardie0Graham Miller1Karen Manley2Stephen McFallan3University of Western SydneyUniversity of Western SydneyQueensland University of TechnologyCommonwealth Scientific Industrial Research OrganisationThe BRITE (Building Research Information Technology and Environment) project was established by the Australian Cooperative Research Centre for Construction Innovation to encourage innovation in the construction industry. While innovation is generally perceived to be broadly beneficial, there has been little formal study of its occurrence or impact in Australian construction or of the factors which foster an innovative atmosphere within an enterprise. In order to benchmark innovation performance, the BRITE project conducted a survey in 2004 into the nature, incidence and variety of technological and organisational innovations in various sectors of the industry. With some exceptions, the survey found that clients and consultants engaged in significantly higher levels of innovation than did suppliers, main contractors or trade contractors. Within the industry sectors those organisations classified as high innovators favoured the adoption of advanced management practices and had formal evaluation systems in place to judge their progress. They reported significant positive impacts on their profitability from innovation and can therefore provide instructive examples for the rest of the industry to follow.https://learning-analytics.info/journals/index.php/AJCEB/article/view/2964 |
| spellingShingle | Mary Hardie Graham Miller Karen Manley Stephen McFallan Innovation Performance and Its Impact on Profitability Among Different Sectors in the Australian Construction Industry Construction Economics and Building |
| title | Innovation Performance and Its Impact on Profitability Among Different Sectors in the Australian Construction Industry |
| title_full | Innovation Performance and Its Impact on Profitability Among Different Sectors in the Australian Construction Industry |
| title_fullStr | Innovation Performance and Its Impact on Profitability Among Different Sectors in the Australian Construction Industry |
| title_full_unstemmed | Innovation Performance and Its Impact on Profitability Among Different Sectors in the Australian Construction Industry |
| title_short | Innovation Performance and Its Impact on Profitability Among Different Sectors in the Australian Construction Industry |
| title_sort | innovation performance and its impact on profitability among different sectors in the australian construction industry |
| url | https://learning-analytics.info/journals/index.php/AJCEB/article/view/2964 |
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