Browsing by Author "Adekunle, S"

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item: Conference-Full-text
Barriers to the adoption of emerging technologies for sustainable construction in SMEs.
(2023-07-21) Adekunle, S; Aigbavboa, C; Ejohwomu, O; Ogunbayo, B
The construction industry activities contribute to and impact the environment; hence the industry continuously strives to adopt sustainable principles into its process and products. Another critical aspect to achieving this in the current technological revolution is the adoption of technology for achieving sustainable construction. Various technologies are available and have been explored to achieve sustainable construction. However, there is a dearth of studies on adopting technology for sustainable construction by construction SMEs and from the perspective of developing countries. This study investigates the adoption of technology for sustainable construction by SMEs in the South African construction industry. A total of eighty responses were collected through well-structured questionnaires administered randomly. It was observed that all barriers are significant, but the most significant barrier is the high cost of adopting technologies. The study recommends the provision of financial incentives and support for SMEs. Also, SMEs must not resist change birthed by the adoption of technology for sustainable construction.
item: Conference-Full-text
Encumbrances of the competitiveness of south African construction organisations in the business environment of other African countries
(Ceylon Institute of Builders - Sri Lanka, 2023-07-21) Ikuabe, M; Aigbavboa, C; Adekunle, S
The study aims to assess the challenges posed to the competitiveness of South African construction contractors in other African countries. This was instituted to formulate a pathway for the penetration of South African contractors into the business environment of other African countries. The study employed a quantitative method underpinned by a post-positivism philosophical approach using a questionnaire as the research instrument. The target respondent of the study was construction professionals, while the study area was Gauteng province of South Africa. The data analysis methods were mean item score, Kruskal-Wallis h-test, and Student Newman Kaul post hoc test. Findings from the study showed that the most significant challenges faced by South African construction organisations in exploring business opportunities in other African countries are collusive acts, high cost of financing, lack of technical skills, and difficulties in obtaining loans. Also, the difference in viewpoints given by the sampled professionals is outlined in the study’s findings. Based on the results obtained from the analysis, the study made recommendations that would aid the competitive capabilities of South African construction organisations in the business landscape of other African countries.
item: Conference-Full-text
Making a case for foreign direct investments in the South African construction industry
(Department of Building Economics, 2024) Ikuabe, M; Aigbavboa, C; Ebekozien, A; Adekunle, S; Sandanayake, YG; Waidyasekara, KGAS; Ranadewa, KATO; Chandanie, H
The construction industry plays a significant role in the aggregate output formation of any nation's economy. Financing construction projects are capital intensive, and most developing countries' low gross domestic savings necessitate seeking alternative routes for construction project financing. One such route is encouraging the flow of Foreign Direct Investments (FDI) into the construction industry in South Africa. Therefore, this paper investigates the factors influencing the flow of FDI into the South African construction industry. A quantitative technique was employed using professionals in the built environment as the target population. Data were elicited with the aid of a well-structured questionnaire, while data analysis was conducted with appropriate methods, which include the Cronbach alpha test, mean item score, and one-sample t-test. The findings from the study make theoretical contributions to the conversation on ways of boosting construction financing for improved economic development. It provides guidance to relevant stakeholders and prospective investors on the key factors influencing the flow of FDI in the South African construction industry.