Strategic Partnerships in the Construction Industry in Latvia

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dc.contributor.authorVanags, Andris
dc.contributor.authorBegec, Suat
dc.contributor.authorZarina, Vita
dc.date.accessioned2025-03-07T20:12:53Z
dc.date.available2025-03-07T20:12:53Z
dc.date.issued2015
dc.departmentÇağ Üniversitesi
dc.description13th Eurasia-Business-and-Economics-Society Conference (EBES) -- JUN 05-07, 2014 -- Istanbul Bilgi Univ, Istanbul, TURKEY
dc.description.abstractIn the modern world, where both business sustainability and competitiveness are among the main goals, none of the companies can survive without establishing some kind of informal or formal partnership with others, thus influencing the whole value chain. Meanwhile, business diversification has led to a multivariate construction industry structure challenging the traditional division of roles. Thus, the objective of the study was to establish the research methodology for the assessment of strategic partnerships, as well as to carry out empirical study on the extent to which the existing strategic partnerships influence the industry's value chain. There was carried out an analysis of the construction industry's structure in Latvia on the basis of the statistical data, developed the methodology for partnership analysis, approximated and analysed the major partnerships, and carried out the market stakeholders survey and focus group discussions to substantiate the findings. The study highlights partnership differentiation both by structure and strategic goals. It was discovered that customer-focused partnerships tended to last much longer leading to customer loyalty and repeated business, while profit-focused partnerships were often only a temporary solution, the major influencing factor for any successful partnership being the alignment of the strategic goals of all involved partners.
dc.description.sponsorshipEurasia Business & Econ Soc,Cent Bank Republic Turkey,Istanbul Econ Res Assoc
dc.identifier.doi10.1007/978-3-319-15880-8_6
dc.identifier.endpage78
dc.identifier.isbn978-3-319-15880-8
dc.identifier.scopus2-s2.0-85101404765
dc.identifier.scopusqualityQ4
dc.identifier.startpage69
dc.identifier.urihttps://doi.org/10.1007/978-3-319-15880-8_6
dc.identifier.urihttps://hdl.handle.net/20.500.12507/2790
dc.identifier.wosWOS:000360224400006
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSpringer Int Publishing Ag
dc.relation.ispartofInnovation, Finance, and The Economy
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20241226
dc.subjectBusiness administration
dc.subjectStrategic partnerships
dc.subjectDiversification
dc.subjectValue chain
dc.subjectConstruction industry
dc.subjectLatvia
dc.titleStrategic Partnerships in the Construction Industry in Latvia
dc.typeConference Object

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