The concept of innovation and the construction industry

Sofia Yfanti, Bryan Temple, David Edgar, M Patousis, A Vairis

Research output: Contribution to conferencePaper

Abstract

Even though innovation is a term present within every sector of human activity, the focus of this article is ¿¿ innovation within the construction sector. Several classifications of innovation are presented; aiming to shed some light on the complexity associated with innovation and revealing the stages that a firm has to go through for its adoption and implementation - a task quite difficult for a construction firm, especially an SME. A better understanding of these processes will help to identify the driving forces that transform a need, via innovation, to an improved product or process. However, the literature study has revealed a significant bias towards the larger companies. Thus there is a lack of information and advice for the smaller companies. How will a construction SME increase its ability to adopt and implement successfully innovation? Could the participation in a cluster be a way to succeed this? This remains to be further investigated.
Original languageEnglish
Pages179-186
Number of pages8
Publication statusPublished - 2011

Keywords

  • innovation
  • construction sector
  • SMEs

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    Yfanti, S., Temple, B., Edgar, D., Patousis, M., & Vairis, A. (2011). The concept of innovation and the construction industry. 179-186.