Journal
JOURNAL OF CLEANER PRODUCTION
Volume 160, Issue -, Pages 27-37Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.jclepro.2017.01.003
Keywords
Barriers; Climate change; Construction; GBMs; ISM; MNEs
Ask authors/readers for more resources
The environmental and economic benefits of green business models (GBMs) are considerable if current barriers can be identified and ways of overcoming them developed. In this study, barriers to GBMs are identified by conducting a qualitative study. Nineteen semi-structured interviews were conducted with selected UK construction sector experts from academia and industry and the results were obtained by applying thematic analysis. Five major categories of barriers emerged: government constraints; financial constraints; sector constraints; company constraints; and lack of demand. To understand the collective impact of these barriers, the interpretive structural modelling (ISM) method was used. The ISM-based model showed that government constraints are driving the rest of the barriers followed by financial and construction sector constraints equally then the by company constraints. Surprisingly, lack of demand appeared to have the least significance in hindering GBM transformation compared to the rest of the barriers. The results, present a clear picture of the green construction market relevant to multinational enterprises (MNEs) intending to enter the UK. MNEs are therefore influenced by the government on strategic planning and capability building for GBMs. Effective engagement with the government will generate institutional advantages resulting in legitimacy and trust for MNEs in the UK markets. (C) 2017 Elsevier Ltd. All rights reserved.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available