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Building for Tomorrow Global Enterprise and the U.S. Construction Industry (1988) / Chapter Skim
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7. Needed: Institutional Structure to Promote Global Enterprise
Pages 100-104

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From page 100...
... Finally, the committee has noted the needs for the United States to catch up in its research and development, professional training, and pursuit of innovation in construction.
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From page 101...
... construction industry activity in the Japanese market. However, in the heat of long-running negotiations, the United States appears to have lost sight of its main interest: the technically advanced segment of the construction market.
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From page 102...
... Further analysis is needed to define the pattern more clearly and to identify what should be done to correct what is, in the committee's view, a problem that will have increasingly serious consequences for the nation's well-being. Nevertheless, it is readily apparent that the United States lacks the means to bring together public and private groups to offer the best of U.S.
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From page 103...
... RESEARCH AND DEVELOPMENT AND INNOVATION The degree to which research and development activity will lead directly to innovation in infrastructure or in construction in general may be a subject of debate, but it is apparent to the committee that the United States is currently spending too little on construction research and development. Means must be found to enhance the apparent advantages that private companies can realize from this investment, for example, through changes in tax policy, risk sharing on government-sponsored projects, or modification of procurement procedures to support purchase of innovative design and materials applications.
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From page 104...
... Competitive position is the topic with which this committee started, but it is not the proper end. Technological advance in construction of buildings and infrastructure can bring enhanced productivity and improved quality of life to all nations, yielding in due course increased business opportunity for foreign firms as well as U.S.
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Key Terms

  • institutional structure
  • increasingly global
  • global enterprise
  • construction research
  • gorges project

  • global economy
  • institutional focus
  • improved quality
  • design competition
  • distinct advantage

  • technological advance
  • neighbor found
  • increased government
  • propose policy
  • government activity

  • innovative technologies
  • international airport
  • commercial rewards
  • plan swayed
  • french designers

  • apparent advantages
  • develop technological
  • legislative action
  • tax policy
  • increased business

  • coordinated action
  • lead directly
  • solutions produced
  • passenger terminals
  • proposed designs


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