Bulthuis, Mehdi, M.A. (2020) The impact of the private consortium composition on product innovation in DBFM(O) projects. Bachelor thesis.
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Abstract
Public-private partnerships are increasingly operated as a tool to spur innovation in infrastructure projects. This thesis studies specifically PPP-projects that are executed with a DBFM(O) contract form. The main research question deals with the impact of the private consortium composition on product innovations in Dutch DBFM(O) projects. The private consortium composition is split into the variables firm size, number of firms (consortium size) and diversity. A distinction is made between real estate and infrastructure DBFM(O) projects. The construction industry is often seen as an adopter of innovation instead of a developer, which results in more incremental innovations. This especially the case in the context of DBFM(O) projects in which a radical innovation could, in the case of failure, lead to a situation in which the output specifications are not met. This could then lead to a penalty or even a delay in the project. The main conclusion is that the private consortium composition has a limited impact on product innovations in DBFM(O) projects. This thesis only found a relationship between the number of firms and product innovations for real estate DBFM(O) projects. Smaller consortia have an advantage over larger consortia in the implementation of product innovations in real estate DBFM(O) projects. This advantage of smaller consortia has not been found in infrastructure projects due to limited variance in consortium size and the number of product innovations in infrastructure projects. This thesis found no relationship between firm size and product innovation. This indicates that both SME and larger firms are to the same extent able to implement product innovations in DBFM(O) projects. No evidence has been found that there is a difference in the number of implemented product innovations between consortia with low and high diversity. However, this thesis shows that internal diversity with traits like experience is important in the implementation of product innovation.
| Item Type: | Thesis (Bachelor) |
|---|---|
| Degree programme: | Spatial Planning and Design |
| Supervisor: | Verweij, S. |
| Date Deposited: | 28 Jul 2020 09:51 |
| Last Modified: | 28 Jul 2020 09:51 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/3241 |
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