International Journal of Advanced Multidisciplinary Research and Studies
Volume 3, Issue 3, 2023
Evaluation of the competitive advantages of construction firms
Author(s): To Thi Thu Trang, Nguyen Van Luan, Hoang Dinh Huong
This study was conducted with the aim of identifying, evaluating, and measuring the component attributes of the competitive advantages of construction firms in Hanoi. After interviewing experts, the questionnaire was sent to 150 construction firms in Hanoi and collected within two months. However, only 130 votes met the requirements and were included in the analysis. The results of descriptive statistics, Cronbach's alpha analysis, and an independent T-test have identified and measured four component attributes of competitive advantage through construction quality and five component attributes of competitive advantage through innovation, which is seen as a competitive advantage for construction firms in Hanoi. There is no statistically significant difference in the level of competitive advantage assessment among employees of different genders and job positions. Thereby, the study proposes some recommendations to improve the capacity and competitive advantage of Vietnamese construction firms in the coming years.
Keywords: Competitive Advantage, Construction Firms, Construct, Business Performance
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