Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets

Malaysian construction firms were found to have an in-depth grasp of the international market experience and cross-border networks. In line with the Construction 4.0 Strategic Plan (2021-2025), previous research indicates insufficient studies focused on developing a systematic assessment to measure...

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Published in:Green Infrastructure: Materials and Sustainable Management
Main Author: Ibrahim N.; Isa C.M.M.; Mustaffa N.K.; Rani N.I.A.
Format: Book chapter
Language:English
Published: Springer Nature 2024
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85205638511&doi=10.1007%2f978-981-99-7003-2_1&partnerID=40&md5=453e14a50ff65432c4cfdc6b7e056ee5
id 2-s2.0-85205638511
spelling 2-s2.0-85205638511
Ibrahim N.; Isa C.M.M.; Mustaffa N.K.; Rani N.I.A.
Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets
2024
Green Infrastructure: Materials and Sustainable Management


10.1007/978-981-99-7003-2_1
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85205638511&doi=10.1007%2f978-981-99-7003-2_1&partnerID=40&md5=453e14a50ff65432c4cfdc6b7e056ee5
Malaysian construction firms were found to have an in-depth grasp of the international market experience and cross-border networks. In line with the Construction 4.0 Strategic Plan (2021-2025), previous research indicates insufficient studies focused on developing a systematic assessment to measure entry timing decisions (ETD). This flaw was discovered because of low educational readiness and a lack of data from local researchers. Accordingly, the number of successful local construction firms competing in the global market has decreased. Therefore, the current study provides construction firms with exposure to the importance of entering foreign markets through an Assessment of Entry Timing Decisions (AoETD). The ETD for this study were divided into pioneer (Pi), early follower (EF), and late follower (LF). The study identifies the key and associated determinants for international ETD for Malaysian construction firms. In addition, this paper establishes appropriate deci-sional level scales for each key determinant, ranging from poor to excellent decision-making. Analysis of data and discussion of study findings were obtained from Smart PLS analysis. Correspondingly, AoETD measurement found that Pi sustained in the international market followed by LF and EF. As such, the development of AoETD can help firms implement strategic entry decisions into the global market. Further-more, AoETD is developed in line with the Malaysian government’s aims to create collaborations between academicians, government, industry, and society. © The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2023.
Springer Nature

English
Book chapter

author Ibrahim N.; Isa C.M.M.; Mustaffa N.K.; Rani N.I.A.
spellingShingle Ibrahim N.; Isa C.M.M.; Mustaffa N.K.; Rani N.I.A.
Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets
author_facet Ibrahim N.; Isa C.M.M.; Mustaffa N.K.; Rani N.I.A.
author_sort Ibrahim N.; Isa C.M.M.; Mustaffa N.K.; Rani N.I.A.
title Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets
title_short Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets
title_full Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets
title_fullStr Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets
title_full_unstemmed Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets
title_sort Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets
publishDate 2024
container_title Green Infrastructure: Materials and Sustainable Management
container_volume
container_issue
doi_str_mv 10.1007/978-981-99-7003-2_1
url https://www.scopus.com/inward/record.uri?eid=2-s2.0-85205638511&doi=10.1007%2f978-981-99-7003-2_1&partnerID=40&md5=453e14a50ff65432c4cfdc6b7e056ee5
description Malaysian construction firms were found to have an in-depth grasp of the international market experience and cross-border networks. In line with the Construction 4.0 Strategic Plan (2021-2025), previous research indicates insufficient studies focused on developing a systematic assessment to measure entry timing decisions (ETD). This flaw was discovered because of low educational readiness and a lack of data from local researchers. Accordingly, the number of successful local construction firms competing in the global market has decreased. Therefore, the current study provides construction firms with exposure to the importance of entering foreign markets through an Assessment of Entry Timing Decisions (AoETD). The ETD for this study were divided into pioneer (Pi), early follower (EF), and late follower (LF). The study identifies the key and associated determinants for international ETD for Malaysian construction firms. In addition, this paper establishes appropriate deci-sional level scales for each key determinant, ranging from poor to excellent decision-making. Analysis of data and discussion of study findings were obtained from Smart PLS analysis. Correspondingly, AoETD measurement found that Pi sustained in the international market followed by LF and EF. As such, the development of AoETD can help firms implement strategic entry decisions into the global market. Further-more, AoETD is developed in line with the Malaysian government’s aims to create collaborations between academicians, government, industry, and society. © The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2023.
publisher Springer Nature
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language English
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