Age-dependent business failures in the US construction industry

References

• Aldrich , H. A. 1991 . “ Incommensurable paradigms? Vital signs from three perspectives ” . In Rethinking Organizations: New Directions Organizational Theory and Analysis , Edited by: Reed , M. I. and Hughes , M. D. 18 – 45 . Beverly Hills, CA : Sage .
   Google Scholar
• Aldrich , H. A. and Auster , E. 1986 . “ Even dwarf started small: liabilities of size and age and their strategic implications ” . In Research in Organizational Behavior , Edited by: Staw , B. and Cummings , L. L. 165 – 198 . Greenwich, CT : JAI Press .
   Google Scholar
• Baum , J. A. C. and Singh , J. V. 1996 . Dynamics of organizational responses to competition . Social Forces , 74 ( 4 ) : 1261 – 1297 .
   Web of Science ®Google Scholar
• Betts , M. and Ofori , G. 1992 . Strategic planning for competitive advantage in construction . Construction Management and Economics , 10 ( 6 ) : 511 – 533 .
   Google Scholar
• Bourgeois , L. J. III . 1984 . Strategic management and determinism . Academy of Management Review , 9 ( 4 ) : 586 – 596 .
   Web of Science ®Google Scholar
• Brüderl , J. and Schüssler , R. 1990 . Organizational mortality: liabilities of newness and adolescence . Administrative Science Quarterly , 35 ( 3 ) : 530 – 547 .
   Web of Science ®Google Scholar
• Brittain , J. 1989 . “ Strategy and Time Dependent Failure Probabilities: Experience, Obsolescence and Strategic Change ” . In Proceedings of Academy of Management 173 – 177 .
   Google Scholar
• Burgelman , R. A. 1991 . Intraorganizational ecology of strategy making and organizational making: theory and field research . Organization Science , 2 ( 3 ) : 239 – 262 .
   Web of Science ®Google Scholar
• Carroll , G. R. and Hannan , T. M. 1995 . Organizations in Industry: Strategy, Structure and Selection , Oxford University Press .
   Google Scholar
• Carter , S. and Dunne , A. 1992 . Pre-tendering in the construction sector: a comparison of small and large firm issues . International Small Business Journal , 11 ( 1 ) : 61 – 64 .
   Google Scholar
• Cherns , A. B. and Bryant , D. T. 1984 . Studying client's role in construction management . Construction Management and Economics , 2 : 177 – 184 .
   Google Scholar
• Child , J. 1972 . Organization structure, environment and performance: the role of strategic choice . Sociology , 6 ( 1 ) : 1 – 22 .
   Google Scholar
• Dun and Bradstreet . 1973–1994 . Annual Business Failure Record , Dun and Bradstreet Corporation .
   Google Scholar
• Dun and Bradstreet . 1996 . A Decade of Business Starts: A Comparative Statistical Analysis of Geographic and Industry Trends in Business Starts in the United States , Dun and Bradstreet Corporation .
   Google Scholar
• Eccles . 1981 . Bureaucratic versus craft administration: the relationship of market structure to the construction firm . Administrative Science Quarterly , 26 ( 3 ) : 449 – 469 .
   Web of Science ®Google Scholar
• Everett , J. G. and Farghal , S. H. 1994 . Learning curves prediction for construction field operations . Journal of Construction Engineering and Management ASCE , 120 ( 3 ) : 603 – 616 .
   Web of Science ®Google Scholar
• Farghal , S. H. and Everett , J. G. 1997 . Learning curves: accuracy in predicting future performance . Journal of Construction Engineering and Management ASCE , 123 ( 1 ) : 41 – 45 .
   Web of Science ®Google Scholar
• Fichman , M. and Levinthal , D. A. 1991 . Honeymoon and liability of adolescence: a new perspective on duration dependence in social and organizational relationships . Academy of Management Review , 16 ( 2 ) : 442 – 468 .
   Web of Science ®Google Scholar
• Gorke , T. P. 1996 . Guaranteeing performance: the role of surety bonds . Risk Management , 43 ( 11 ) : 22 – 28 .
   Google Scholar
• Hall , G. 1994 . Factors distinguishing survivors from failures amongst small firms in the construction sector . Journal of Management Studies , 31 ( 5 ) : 738 – 760 .
   Web of Science ®Google Scholar
• Halliday , T. C. , Powell , M. J. and Granfors , M. W. 1987 . Minimalist organizations: vital events in the state bar associations: 1870–1930 . American Sociological Review , 52 ( 4 ) : 456 – 471 .
   Web of Science ®Google Scholar
• Hambrick , D. C. and Mason , P. A. 1984 . Upper echelons: organization as a reflection of its managers . Academy Management Review , 9 ( 13 ) : 193 – 206 .
   Web of Science ®Google Scholar
• Hannan , M. T. and Freeman , J. H. 1977 . The population ecology of organizations . American Journal of Sociology , 83 ( 5 ) : 929 – 964 .
   Web of Science ®Google Scholar
• Hannan , M. T. and Freeman , J. H. 1984 . Structural inertia and organizational change . American Sociological Review , 49 ( 2 ) : 149 – 164 .
   Web of Science ®Google Scholar
• Hrebiniak , L. G. and Joyce , W. J. 1985 . Organizational adaptation: strategic choice and environmental determinism . Administrative Science Quarterly , 30 ( 3 ) : 336 – 349 .
   Web of Science ®Google Scholar
• Langford , D. , Iyagba , R. and Komba , D. M. 1993 . Prediction of solvency in construction companies . Construction Management and Economics , 11 ( 5 ) : 317 – 325 .
   Google Scholar
• Levinthal , D. A. 1991 . Organizational adaptation and environmental selection . Organization Science , 2 ( 1 ) : 307 – 333 .
   Web of Science ®Google Scholar
• Levinthal , D. A. and March , J. G. 1993 . The myopia of learning . Strategic Management Journal , 14 : 95 – 112 . Special Issue
   Web of Science ®Google Scholar
• Levitt , B. and March , J. 1988 . “ Organizational learning ” . In Annual Review of Sociology , Edited by: Scott , R. and Blake , J. Vol. 14 , 318 – 340 . Palo Alto, CA : Annual Reviews .
   Google Scholar
• Lowe , D. and Skitmore , M. 1994 . Experiential learning in cost estimating . Construction Management and Economics , 12 ( 5 ) : 423 – 433 .
   Google Scholar
• March , J. 1981 . Footnotes to organizational change . Administrative Science Quarterly , 26 ( 4 ) : 563 – 577 .
   Web of Science ®Google Scholar
• March , J. 1991 . Exploration and exploitation in organizational learning . Organization Science , 2 ( 1 ) : 1 – 24 .
   Web of Science ®Google Scholar
• Miller , D. and Chen , M. 1994 . Sources and consequences of competitive inertia: a study of the US airline industry . Administrative Science Quarterly , 39 ( 1 ) : 1 – 23 .
   Web of Science ®Google Scholar
• Miner , A. S. , Amburgey , T. L. and Stearns , T. M. 1990 . Interorganizational linkages and population dynamics: buffering and transformational shields . Administrative Science Quarterly , 35 ( 4 ) : 689 – 713 .
   Web of Science ®Google Scholar
• Mohsini , R. A. and Davidson , C. H. 1992 . Determinants of performance in the traditional building process . Construction Management and Economics , 10 ( 4 ) : 343 – 359 .
   Google Scholar
• Olu , O. 1991 . Learning from experience in design cost estimating . Construction Management and Economics , 9 ( 2 ) : 133 – 150 .
   Google Scholar
• Pfeffer , J. and Salancik , G. R. 1978 . The External Control of Organizations: A Resource Dependence View , New York : Harper & Row .
   Google Scholar
• Pries , F. and Janszen , F. 1995 . Innovation in the construction industry: the dominant role of the environment . Construction Management and Economics , 13 ( 1 ) : 43 – 51 .
   Google Scholar
• Presiendorfer , P. and Voss , T. 1990 . Organizational mortality of small firms: the effects of entrepreneurial age and human capital . Organizational Studies , 11 ( 1 ) : 107 – 129 .
   Web of Science ®Google Scholar
• Russell , J. S. and Skibniewski , M. J. 1988 . Decision criteria in contractor pre-qualification . Journal of Management In Engineering ASCE , 4 ( 2 ) : 323 – 341 .
   Google Scholar
• Russell , J. S. 1990a . Surety industry: overview . Journal of Management In Engineering ASCE , 6 ( 3 ) : 323 – 341 .
   Google Scholar
• Russell , J. S. 1990b . Model for owner pre-qualification of contractors . Journal of Management In Engineering ASCE , 6 ( 1 ) : 50 – 75 .
   Google Scholar
• Russell , J. S. and Casey , J. J. Jr. 1992 . Design engineer/ contractor bankruptcy: considerations for debtors and creditors . Journal of Management In Engineering ASCE , 8 ( 3 ) : 278 – 297 .
   Google Scholar
• Russell , J. S. and Jaselskis , E. J. 1992 . Predicting construction contractor failure from prior to contract award . Journal of Construction Engineering and Management ASCE , 118 ( 4 ) : 791 – 811 .
   Web of Science ®Google Scholar
• Russell , J. S. and Zhai , H. 1996 . Predicting contractor failure using stochastic dynamics of economic and financial variables . Journal of Construction Engineering and Management ASCE , 122 ( 2 ) : 183 – 191 .
   Web of Science ®Google Scholar
• Singh , J. V. , Tucker , D. J. and House , R. J. 1986 . Organizational legitimacy and liability of newness . Administrative Science Quarterly , 31 ( 2 ) : 171 – 193 .
   Web of Science ®Google Scholar
• Stinchcombe , A. L. 1965 . “ Organizations and social structure ” . In Handbook of Organizations , Edited by: March , J. G. 153 – 193 . Chicago : Rand McNally .
   Google Scholar
• Thompson , J. 1967 . Organizations in Action , New York : Harper & Row .
   Google Scholar
• Wholey , D. R. and Brittain , J. W. 1986 . Organizational ecology: findings and implications . Academy of Management Review , 11 ( 3 ) : 513 – 533 .
   Web of Science ®Google Scholar
• Young , R. C. 1988 . Is population ecology a useful paradigm for the study of organizations? . American Journal of Sociology , 94 ( 1 ) : 1 – 24 .
   Web of Science ®Google Scholar