Incentives for Technological Innovation in Constructionby C. B. Tatum, Stanford Univ, Stanford, United States,
Document Type: Proceeding Paper
Part of: Preparing for Construction in the 21st Century
Abstract: Why innovate in construction? The answer to this frequently asked question is critical for the future of the U.S. engineering and construction industry. One reason for this is the multitude of answers to the question why not innovate? contracts, liability, fragmentation, and tradition. Based on investigations of successes, this paper describes incentives for construction innovation at the level of the firm, project, and individual. The conclusions and practical applications highlight actions to increase incentives at each level and foster technical progress in construction.
Subject Headings: Innovation | Construction industry | Contracts | Engineering profession | Liability | Construction companies
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