The Economics of the Modern Construction Firm
This is a book about the whole diverse range of firms that are found in the construction sector, about their decision-making and the economic environments in which they operate. The authors aim to provide a new and coherent perspective on these firms and
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Also by Stephen L. Gruneberg and Graham J. Ive THE ECONOMICS OF THE MODERN CONSTRUCTION SECTOR
Also by Stephen L. Gruneberg CONSTRUCTION ECONOMICS: An Introduction FEASIBILITY STUDIES IN CONSTRUCTION (with David H. Weight) RESPONDING TO LATHAM: The Views of the Construction Team (editor)
The Economics of the Modern Construction Firm Stephen L. Gruneberg Lecturer Bartlett School University College London
and
Graham J. Ive Senior Lecturer Bartlett School University College London
© Stephen L. Gruneberg and Graham J. Ive 2000 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1P 0LP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2000 by MACMILLAN PRESS LTD Houndmills, Basingstoke, Hampshire RG21 6XS and London Companies and representatives throughout the world
ISBN 978-0-333-91995-8 DOI 10.1057/9780230510432
ISBN 978-0-230-51043-2 (eBook)
A catalogue record for this book is available from the British Library. This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. 10 09
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To Jan and Rose
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Contents List of Figures
xiii
List of Tables
xiv
Preface
xv
List of Acronyms
xviii
Introduction
Part I 1
xxi
Social Structures of Accumulation
Social structures of organisation Introduction Social economics: an introduction General and sectoral structures: social structures of the economy and social structures of a branch of production The social structure of the economy and its overarching institutions International economic institutions and the UK economy National economic institutions of the UK economy: the post-war period and the current period Key elements in social structures of the economy; structure of this book Social structure of construction production: technology and labour process Technical knowledge in construction Control in the labour process The social division of labour Innovation in the labour process Introduction to concept of Social Structures of Provision: routines, conscious decision-making and expectations Relation of a structure of provision to a structure of production Concluding remarks vii
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viii Contents
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Social structures applied to the provision of the built environment Introduction Previous institutional approaches to the construction/ development
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