Barriers to the Development of SME's in the Australian Construction Industry
Author(s) -
Anthony Mills,
Jim Smith,
Peter E.D. Love
Publication year - 2012
Publication title -
construction economics and building
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.4
H-Index - 20
ISSN - 2204-9029
DOI - 10.5130/ajceb.v2i2.2902
Subject(s) - business , procurement , competition (biology) , small and medium sized enterprises , industrial organization , marketing , finance , ecology , biology
Small and medium sized companies (SMEs) operating in the construction industry in regionalareas of Australia often struggle to compete against city-based companies for constructionwork. This paper identifies the barriers that confront SMEs in areas outsidemajor cities, specifically in regional areas of Victoria (Australia) where local firms oftencompete unsuccessfully against large Melbourne-based organisations. The authors alsolook at the possibility of using e-commerce solutions to give regional SMEs greater competitivenessas well as considering possible policy initiatives that may assist these companiesto be more successful in tendering against city-based competition
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