2009•Construction Management ModernizationRequires access
Innovation of construction business system based on transaction cost analysis
Jiyong Ding
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Abstract
The structure and mechanism of transaction cost in construction business system were analyzed from two views of transaction rules and mode based on economics research results mainly through an analytical instrument of the transaction cost economics for the purpose of reducing the transaction cost. The innovation ways of construction business system were put forward,including the improvement of the construction laws and regulations,the development of engineering insurance and engineering guarantee system,the establishment of construction market access system and quality system certification system, the design or choose of the transaction mode,as well as the transaction contract.