Construction presents important opportunities for innovation. Current competitive conditions and owner demands for cost effectiveness provide strong incentives. Examining mechanisms for innovation rather than barriers to technical progress is one means we stimulate growth. At PHL we describe several advantages and disadvantages which the construction industry presents for innovation.
These advantages include project organization, necessity and challenge, engineering and construction integration, low capital investment, capability and experience of key personnel, process emphasis, and variation in methods. Also, major disadvantages for construction such as investment reluctance, competitive conditions, institutional framework, seasonal and economic cyclist, and the role of suppliers.
Based on these conditions, we have developed a set of hypotheses (project demands, individual initiative, construction input to design, and transfer from other industries) concerning possible mechanisms for innovation in construction.