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Still far from the visions of Latham and Co., the infrastructure sector is in dire need of transformational change. This urgency is elevated by set agenda including Net Zero by 2050.
A significant section of the academia and industry calls for inter-firm collaboration and institutional involvement to enable part of this change which goes beyond temporary projects. Yet, why is the industry and its institutions failing to create valuable collaboration beyond the project-level? The complicacies relating to the dynamics between collaboration and value are further tangled by the broad and fragmented nature of the construction sector.
Past research has shown that value output is one of the key motivational factors for inter-organisational collaboration in the infrastructure sector. The question of what value is created and how is it captured in this setting remains still unanswered. Consequently, a research gap on the value creation and capture by firms through collaboration within institutional networks in specific contextual settings appears. In relation to this, this dissertation will explore to what extent value is created and captured through inter-firm collaboration in the UK infrastructure sector.