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Book Cover
E-book
Author Loosemore, Martin

Title Innovation, Strategy and Risk in Construction : Turning Serendipity into Capability
Published Hoboken : Taylor and Francis, 2013
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Description 1 online resource (286 pages)
Contents Cover; Title Page; Copyright Page; Dedication; Table of Contents; List of figures; List of tables; Acknowledgements; 1 Serendipity and innovation; Introduction -- grass roots innovation; A challenging future; The innovation imperative; Innovation in the construction sector; Evidence-based strategy; Building agility; Serendipity in the innovation process; Making your own luck; The power of collaboration; The power of interdisciplinarity; The risks and opportunities of interdependence; The drivers of innovation; Pro-innovation bias; The pathology of innovation; The externalities of innovation
The spill-over effects of innovationInnovation -- an idea without a theory; Conclusion; 2 The innovation process; Introduction; Hidden innovation in the construction industry; Imitation, invention and imagination; A very brief history of innovation; Innovation and entrepreneurship; Sustainable entrepreneurship; Contemporary models of innovation; The psychology of business innovation; Innovation is 'messy'; Innovation diffusion; Measuring innovation success; International measures of innovation success; Conclusion; 3 Innovation in construction; Introduction
Is the construction sector less innovative than other sectors?The role of clients in the innovation process; The role of competition in driving innovation; Procurement systems and innovation; The project-based nature of construction; Fragmented supply and demand chains; Institutionalized impediments to innovation in the construction industry; Cultural impediments to innovation; Enablers of innovation in the construction sector; Conclusion; 4 The history and future of innovation in the construction industry; Introduction; The post-war years; 1960s -- the decade of growth
1970s -- the decade of shock and reflection1980s -- the decade of change and reflection; 1990s -- the decade of reform; 2000s -- a decade of consolidation and reflection; The future; Contemporary strategic thinking; Conclusion; 5 Strategy and innovation; Introduction; The origins of traditional strategic thinking; The limits of rationality; A new generation of strategy in construction; What do fourth generation businesses look like?; Strategy convergence -- the catalyst for innovation; To lead or follow?; Enlightened business strategy; Conclusion; 6 Organizing for innovation; Introduction
Organizational structure and innovationSystemizing innovation; Building a culture of innovation; National culture and innovation; Learning from innovative people; The growth of managerialism; The importance of dissent; Encouraging non-conformist thinking; Creative thinking; Dreaming and imagination; Innovation requires new types of thinking; Learning -- the trap of distinctive competence; The role of technology in innovation; The role of research in innovation; The role of universities in innovation; The role of government in innovation; The ethics of innovation; Conclusion
Summary Innovation, Strategy and Risk in Construction integrates insights from business and government leaders with contemporary research, to help built environment professionals turn serendipity to their own advantage by building greater innovative and adaptive capacity into their operations. Accessible and full of practical examples, the book argues that traditional business strategies which seek to systematise innovation and eliminate uncertainty need to be balanced with more flexible approaches which acknowledge and harness uncertainty. The missing key to innovation, it is argue
Notes 7 Managing the risks of innovation
Print version record
Subject Building -- Superintendence.
Building -- Technological innovations.
Building -- Planning
Building sites -- Risk assessment.
Building -- Planning
Building sites -- Risk assessment
Building -- Superintendence
Building -- Technological innovations
Form Electronic book
ISBN 9781136673559
1136673555