1 Institute of Business and Technology, Faculty of Social Sciences, Aarhus University, Aarhus University2 Department of Business Development and Technology, Aarhus BSS, Aarhus University3 Department of Business Development and Technology, Aarhus BSS, Aarhus University
Micro, Small and Mediumsize enterprises are important in European Economy, both in terms of employment and innovation. Equally these firms are assigned an important role in the Architectural, Engineering and Construction industry (AEC). This article reports research made amongst small professional knowledge service AEC-companies in the region of Central Denmark. The aim of the paper is to analyse how SMEs is managed, is innovating, using ICT and their response to the financial crisis. Drawing on management studies, professional knowledge service is viewed as something precariously constructed through interacting with customers. An extensive desk study and two interviews are used to investigate the local AEC-companies, focusing on two micro firms. There is considerable growth among knowledge service companies in the region. The analysis shows that microfirms are indeed distinct, innovation for example occurs in a complex interplay with limited internal efforts and external networking. And still as a relatively local phenomenon. Even if the financial crisis has considerably impact of the AEC-sector in 2008-9, the microfirms investigated still haven't been impacted and the pain of local embeddedness is still to come.
Construction Facing Worldwide Challenges: Joint International Symposium Cib. Proceedings Cib Conference Dubrovnik 2009, 2009, p. 651-661
small architects; professional services; financial crisis