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One-stop-shop as an innovation, and preparedness to adopt it: a study on house renovation stakeholders in Sweden

Pardalis, Georgios LU ; Mainali, Brijesh and Mahapatra, Krushna (2018) Advanced Buildings Skins 2017, Bern, Switzerland p.567-569
Abstract
This study examines the views of stakeholders involved in house renovations regarding the one-stop-shop business concept innovation, and assesses their level of preparedness to adopt such a concept in order to enter the promising market of detached house renovations. The investigation is based on 25 interviews with construction SMEs owners, real estate agents and loan consultants, and on a conceptual framework for organizational innovation adoption. The results suggest that for the nonce, none of the examined stakeholdersis likely to adopt a one-stop-shop business model to enter the market of detached house renovations, even though this concept is seen as one with great potential. This mostly happens due to their individual... (More)
This study examines the views of stakeholders involved in house renovations regarding the one-stop-shop business concept innovation, and assesses their level of preparedness to adopt such a concept in order to enter the promising market of detached house renovations. The investigation is based on 25 interviews with construction SMEs owners, real estate agents and loan consultants, and on a conceptual framework for organizational innovation adoption. The results suggest that for the nonce, none of the examined stakeholdersis likely to adopt a one-stop-shop business model to enter the market of detached house renovations, even though this concept is seen as one with great potential. This mostly happens due to their individual characteristics, the complexity of one-stop-shop model related to their way of doing business and the uncertainties deriving from the adoption of such a model. Furthermore, the participation of an entrepreneur is proposed, who would coordinate all the different actors involved in the renovation process, and whose role can be further examined. (Less)
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author
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publishing date
type
Contribution to conference
publication status
published
subject
pages
3 pages
conference name
Advanced Buildings Skins 2017, Bern, Switzerland
conference dates
2017-10-01 - 2017-10-02
language
English
LU publication?
no
id
a540ee02-84ff-4469-8c35-a726e49efcb3
date added to LUP
2023-09-19 15:47:44
date last changed
2023-09-20 08:02:45
@misc{a540ee02-84ff-4469-8c35-a726e49efcb3,
  abstract     = {{This study examines the views of stakeholders involved in house renovations regarding the one-stop-shop business concept innovation, and assesses their level of preparedness to adopt such a concept in order to enter the promising market of detached house renovations. The investigation is based on 25 interviews with construction SMEs owners, real estate agents and loan consultants, and on a conceptual framework for organizational innovation adoption. The results suggest that for the nonce, none of the examined stakeholdersis likely to adopt a one-stop-shop business model to enter the market of detached house renovations, even though this concept is seen as one with great potential. This mostly happens due to their individual characteristics, the complexity of one-stop-shop model related to their way of doing business and the uncertainties deriving from the adoption of such a model. Furthermore, the participation of an entrepreneur is proposed, who would coordinate all the different actors involved in the renovation process, and whose role can be further examined.}},
  author       = {{Pardalis, Georgios and Mainali, Brijesh and Mahapatra, Krushna}},
  language     = {{eng}},
  pages        = {{567--569}},
  title        = {{One-stop-shop as an innovation, and preparedness to adopt it: a study on house renovation stakeholders in Sweden}},
  year         = {{2018}},
}