Naslov
Internal Governance of Design and Engineering: The Case of the Multinational Firm

Autori
Žerjav, Vedran ; Hartmann, Timo ; Javernick-Will, Amy

Izvornik
Journal of construction engineering and management (ASCE) (0733-9364) 138 (2012), 1; 135-143

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
interdisciplinary design and engineering; iInternal governance; asset specifiaity; transaction costs; case reports

Sažetak
This paper examines the process of design and engineering in large‐scale construction projects delivered by multinational organizations. The analysis is based on using transaction cost economics to represent design and engineering as a stream of intra‐firm transactions between the local contracting office and the network of subsidiary offices. The paper then applies the concept of asset specificity to process‐level design and engineering knowledge and induces a theoretical framework based on local and expertise specificity of assets. The framework posits that different levels of local and expertise specificity lead to different modes for intra‐firm governance of work packages in design and engineering. The paper validates the theoretical framework with interview data from six major international design and engineering organizations and derives a set of management recommendations for practitioners. The framework takes the transaction cost theory into the realm of intra‐ firm governance represented as a stream of asset‐ specific transactions. The framework extends construction engineering and management literature with a transaction‐based elaboration of the design and engineering process.

Izvorni jezik
Engleski

Znanstvena područja
Građevinarstvo, Temeljne tehničke znanosti

POVEZANOST RADA