Management of transactions: The design/construction interface

Sozen Z.

JOURNAL OF ARCHITECTURAL AND PLANNING RESEARCH, vol.13, no.1, pp.43-49, 1996 (SSCI) identifier

  • Publication Type: Article / Article
  • Volume: 13 Issue: 1
  • Publication Date: 1996
  • Journal Name: JOURNAL OF ARCHITECTURAL AND PLANNING RESEARCH
  • Journal Indexes: Social Sciences Citation Index (SSCI), Scopus
  • Page Numbers: pp.43-49
  • Istanbul Technical University Affiliated: No

Abstract

The present paper treats the relationship between strategic orientations and make/buy decisions pertaining to design/construction services for firms operating in the construction sector. The firm defines and redefines its boundaries within a network of contractual relationships, facing choices between market contracting, integration, and ''quasi-firm'' arrangements. The paper argues that the firm's strategic posture will influence the perceptions of contractual hazards associated with each option.