Impact of R&D&I on the Performance of Spanish Construction Companies

Abstract

Deciding whether certain factors should be considered drivers of innovation in construction firms is crucial in terms of improving their performance and survival in an environment that is changing by leaps and bounds. Throughout the years, construction companies have been considered to be traditional and without the tendency to innovate. However, several studies have confirmed that this perception of the sector is evolving and that successful instruments from other industries are gradually being adapted for the benefit of the industry. The objective of this paper is therefore to investigate the potential factors affecting the performance of these organizations. Eighteen factors related to the individual, group, and organizational levels were identified through a review of the literature and an instrument developed that was validated by experienced professionals. A questionnaire was sent to 103 people working in the sector at the national level to obtain their views. The results of the classification analysis indicate that “technology and equipment” and “software acquisition” are considered the two most significant factors. In addition, these 18 factors can be classified into 7 groups: (i) internal drivers of innovation; (ii) innovation within the organization; (iii) technological innovation; (iv) technological links with the environment; (v) external drivers of innovation; (vi) innovation in processes; (vii) a culture of innovation in the company. Innovation in processes has the highest level of impact. This research deepens the current understanding of the factors at different organizational levels that must be highlighted in the implementation of an R&D system in order for companies to improve their performance and survival in future processes.