Tag: Divide
-
The Great R&D Divide: China, Europe, and the Profitability Trap
I found interesting data comparing R&D spending among the largest Chinese and European construction companies in a recent Construction Briefing article. The Chinese giants easily led in dollars spent, dwarfing their European counterparts. The leaderboard Chinese state-owned construction giants invest billions of dollars annually in R&D. Here are some examples: China State Construction Engineering Corp (CSCEC):…
-
The Tech Divide: How Construction Firms Embrace Emerging Technologies
A new study from the University of Sydney’s School of Engineering analyzes how digital tools shape construction practices in Australia. The research examined how three tiers of companies and various roles within those companies see the present and future of emerging technologies. An observation that stands out is that the smallest companies rate the importance…