Contracting Innovation
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Contracting Innovation
The disintegration of the vertical firm and the resulting inter-organizational collaborations that best describe how production is governed in the new economy have reaffirmed the importance of contracts as a form of control. This paper hopes to describe the characteristics of these agreements based on the analysis of inter-firm collaborations in the American technology market, the mechanisms they employ to cope with uncertainty, and their repercussions on current contract theory as described by US commentators. Uncertainty poses a unique challenge to contract drafting, one which the prevalent contract theories fail to fully address, not only during the collaboration itself, but also in guaranteeing the appropriation of innovations which do not meet the criteria for intellectual property rights protections. This paper further questions, but does not provide a definitive answer to, the possibility of localizing this positive theory of contracting to Brazilian law, and its eventual repercussions on State-sponsored incentives to innovation.
Construction Innovation and Process Improvement
Author: Akintola Akintoye
language: en
Publisher: John Wiley & Sons
Release Date: 2012-04-30
Innovation in construction is essential for growth. The industry strives to remain competitive using a variety of approaches and needs to engage structured initiatives linked to proven innovation concepts, techniques and applications. Even in mature markets like the Architecture, Engineering and Construction (AEC) sector, where business behaviour is generally considered as being risk averse, it is increasingly important to embed innovation into mainstream business practices. In Construction Innovation and Process Improvement a number of wide ranging issues from construction practice in different countries with different contexts are presented to provide a rich collection of literature embracing theory and practice. Chapters are divided into three broad themes of construction innovation relating to: Theory and Practice; Process Drivers; and Future Technologies. Several questions are posed, including for example: What is particularly unique about construction innovation in theory and practice? What are the major drivers of construction innovation? What factors are needed to support and deliver future construction technologies? In attempting to respond to such questions, the book sheds new light on these challenges, and provides readers with a number of ways forward, especially cognisant of the increased role of globalisation, the enhanced impact of knowledge, and importance of innovation. All these can have a significant impact on strategic decision-making, competitive advantage, and sustainable policies and practices. Part One deals with change management, technology, sustainable construction, and supply chain management; Part Two addresses innovation and process improvement drivers, including strategic management, concurrent engineering, risk management, innovative procurement, knowledge management; Part Three explores future technologies in construction – and particularly, how these can be harnessed and leveraged to help procure innovation and process improvement.
10th Symposium Construction Innovation and Global Competitiveness
This two-volume set comprises the proceedings of the 2002 symposium concerned with innovation in the construction industry and global competition. Approximately 115 papers address topics ranging from business improvement to the impact of innovation on the built environment; and globalization and competitiveness.