Status : Verified
Personal Name | Diza, Francis George B. |
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Resource Title | A study on the barriers and strategies for the adoption of disruptive technologies in the Philippine real estate industry |
Date Issued | 25 October 2024 |
Abstract | The real estate sector is one of the important industries in the Philippines. However, it does not take advantage of technological approaches to transform and grow. Thus, this research paper aims to explore characteristics of disruptive technologies and its adoption in this industry. The research identifies factors that directly influence the adoption of disruptive technologies and the different challenges that are faced by industry players with its adoption. In achieving these objectives, a multi-approach methodology is used to complete this research. Further on, this study uses a comprehensive review of existing research studies. It also utilizes surveys to collect additional data from industry stakeholders. The study starts with identifying the disruptive technology trends that have the potential to revolutionize and transform the real estate industry. These digital technologies include artificial intelligence, blockchain computing, virtual reality, and big data analytics, drones, and others. The research dwells into the factors that drive or impede the incorporation of these technologies having regulatory frameworks, market readiness, and organizational culture in play. The study makes use of analyzing case studies and real-world examples to provide a better understanding the benefits and challenges that goes with integrating disruptive technologies in the Philippine context. The study further concludes with recommendations for industry stakeholders, policymakers, and technologists that aim to foster a culture of innovation which ensures sustainable growth of the real industry in the Philippines, amid the era of digital disruption. Hence, this research aims to contribute significant and valuable insights into the current state of disruptive technology adoption in the Philippines, particularly, in the real estate sector. |
Degree Course | Master of Technology Management |
Language | English |
Keyword | Real estate; Disruptive technology; Philippine industry; Technology adoption |
Material Type | Thesis/Dissertation |
Preliminary Pages
Category : F - Regular work, i.e., it has no patentable invention or creation, the author does not wish for personal publication, there is no confidential information.
Access Permission : Open Access