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The Chinese construction market is composed of 31 local markets which differ from each other in various aspects such as competition intensity. Contractors moving from one market to another need to consider the competition strategies and make due response to new competition situation in order to...
Persistent link: https://www.econbiz.de/10008502925
In economic terminology, 'competition intensity' can be used to mirror to a certain degree the status of industrial competition in a specific market, while in the construction market, it particularly involves the part of project competition intensity (PCI). Based on a road project in China, two...
Persistent link: https://www.econbiz.de/10005269072