Preenithi Aksorn, Kampanat Burimat, Bupavech Phansri and Surangkana Trangkanont
This study aims to identify the factors and strategies that motivate Thai construction professionals to adopt Blockchain Technology (BT). Previous research highlights BT’s…
Abstract
Purpose
This study aims to identify the factors and strategies that motivate Thai construction professionals to adopt Blockchain Technology (BT). Previous research highlights BT’s characteristics but lacks focus on the features most persuasive for Thai construction professionals.
Design/methodology/approach
Using Q methodology with 28 participants from the academic, construction and advanced technology sectors, this study explores their perceptions on BT adoption and addresses the gap in identifying persuasive features for Thai construction professionals.
Findings
The analysis identified eight distinct professional groups, each with unique perceptions of BT’s motivating factors. Based on these insights, seven strategies were proposed to promote BT adoption. A key finding is that BT adoption is influenced not only by professionals’ roles, positions and accountability but also by their existing technological competencies.
Research limitations/implications
The use of Q methodology, while insightful, may not capture the full complexity of attitudes toward BT adoption. Additionally, the focus on the Thai construction industry and the small sample size may limit its generalizability to other cultural and economic contexts.
Practical implications
Identifying professional categories based on BT preferences and implementing strategies – such as automated systems, smart contracts, education centers and pilot projects – can enhance productivity in the Thai construction industry, drawing on global practices to address local challenges.
Originality/value
– With Thailand’s extensive infrastructure projects supporting ASEAN’s transportation hub vision, integrating blockchain is expected to enhance productivity and project outcomes, contributing to Thailand’s national infrastructure development goals.
Details
Keywords
Surangkana Trangkanont and Chotchai Charoenngam
The purpose of this paper is to identify the salient risks borne by private firms and to investigate their effective risk response strategies in public-private partnership (PPP…
Abstract
Purpose
The purpose of this paper is to identify the salient risks borne by private firms and to investigate their effective risk response strategies in public-private partnership (PPP) low-cost housing (LCH) projects in Thailand.
Design/methodology/approach
The paper employs grounded theory and case study methodologies to extensively analyze ten private firms’ risks and their strategic risk mitigation. As a result, the matrix of imperative risks’ root causes and the area of the project life cycle most exposed to their impacts were proposed. This included the framework of the risk response strategy application.
Findings
The private firm's risk mitigation strategies depended on the salient risks’ impact and the private firms’ predictability and controllability of the risk outcome. This included the private firm's participating objectives and core business, decision maker's risk attitude, risk perception, experience of risk, and risk assessment skill, and the project life cycle phase of risk occurrence.
Practical implications
Under the same characteristics of the immature PPP market in developing countries, the contractors’ effective risk management framework can be used as a guideline to complement the contractors’ decision making on risk response strategy selection and resource allocation in the PPP project life cycle.
Originality/value
Despite working under the familiar environment of construction risk and generous payment method in PPP-LCH projects, only few contractors were successful. The examination of risks borne and effectively responded by the private sector increases the likelihood of the project success.
Details
Keywords
Surangkana Trangkanont and Chotchai Charoenngam
Numerous studies to date have demonstrated the public-private partnership (PPP) project procurement method's failure to deliver low-cost housing (LCH) to low-income groups (LIGs…
Abstract
Purpose
Numerous studies to date have demonstrated the public-private partnership (PPP) project procurement method's failure to deliver low-cost housing (LCH) to low-income groups (LIGs) in developing countries. The purpose of this paper is to investigate critical failure factors (CFFs), and how they cause the failure of PPP-LCH program.
Design/methodology/approach
Grounded Theory methodology was used to gather and analyze the data in order to identify, categorize, and develop the logically causal relationships among CFFs that cause PPP-LCH program failure.
Findings
Ten CFFs in various phases of PPP-LCH project life cycle caused PPP-LCH program failure. Some CFFs resulted from ineffective PPP policy and strategy, while some were beyond the control of the project/program management team. These CFFs were inter-/intra-related to one another in a particular way.
Originality/value
Despite the increase in PPP-LCH projects/programs for LIGs in practice and the prevalence of failure, the studies of PPP-LCH project/program failure still suffer from insufficient conceptual clarity about the causes of these failures. The lessons learned, to some extent, help decision makers in both public and private sectors to reduce the probability of the PPP-LCH project/program failure by clearly explaining the nature of each CFF.