Nature Inspiration, Imitation, and Emulation: Biomimicy Thinking Path to Sustainability in the Construction Industry
- Oguntona, Aanuoluwapo Olusegun, Aigbavboa, Ohis Clinton
- Authors: Oguntona, Aanuoluwapo Olusegun , Aigbavboa, Ohis Clinton
- Date: 2023
- Subjects: Biomimicry , Biomimicry thinking , Built environment , Climate change , Nature , Sustainable construction , Sustainability
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/11260/14385 , vital:79309 , DOI: https://doi.org/10.3389/fbuil.2023.1085979
- Description: The construction industry has been globally fingered as the major sector responsiblefor the continued deplorable state of the environment. The rising exploitation of thenatural environment by the sector decapacitates the function of theflora and faunato sustain life on earth. Therefore, the adoption and implementation of sustainabilityconcepts in the construction industry are imperative to reduce the sector’s negativeimpacts on the environment. The growingfield of biomimicry as a sustainabilityconcept has increased global interest and call to maximize the numerous benefitsoffered by nature. This article is aimed at exploring biomimicry potentials in solvinghuman challenges in a sustainable manner through responsible imitation, emulation,and drawing inspiration from nature. Thefirst part of this paper explores theconstruction industry with rapt attention to its positive and negative impact onthe human and natural environment. The second part provides a comprehensiveoverview of the biomimicry concept looking at its definitions, tenets, andsustainability standpoint...
- Full Text:
- Date Issued: 2023
- Authors: Oguntona, Aanuoluwapo Olusegun , Aigbavboa, Ohis Clinton
- Date: 2023
- Subjects: Biomimicry , Biomimicry thinking , Built environment , Climate change , Nature , Sustainable construction , Sustainability
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/11260/14385 , vital:79309 , DOI: https://doi.org/10.3389/fbuil.2023.1085979
- Description: The construction industry has been globally fingered as the major sector responsiblefor the continued deplorable state of the environment. The rising exploitation of thenatural environment by the sector decapacitates the function of theflora and faunato sustain life on earth. Therefore, the adoption and implementation of sustainabilityconcepts in the construction industry are imperative to reduce the sector’s negativeimpacts on the environment. The growingfield of biomimicry as a sustainabilityconcept has increased global interest and call to maximize the numerous benefitsoffered by nature. This article is aimed at exploring biomimicry potentials in solvinghuman challenges in a sustainable manner through responsible imitation, emulation,and drawing inspiration from nature. Thefirst part of this paper explores theconstruction industry with rapt attention to its positive and negative impact onthe human and natural environment. The second part provides a comprehensiveoverview of the biomimicry concept looking at its definitions, tenets, andsustainability standpoint...
- Full Text:
- Date Issued: 2023
A best practice model for international Financial feasibility in property Development
- Authors: Adendorff, Ryan Gregg
- Date: 2022-12
- Subjects: Built environment , Real estate development
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/59348 , vital:62073
- Description: Property development is a sector which provides economic benefits to many countries worldwide. Such economic benefits are employment provision and GDP contribution to the economy. Interestingly, financial feasibility is one of the tools that can be used to ensure property development projects’ success. It has been therefore recognised that some of the property development entrepreneurs lack financial feasibility know-how which could position their property development businesses into a competitive edge and sustainability in this continuous fluctuating property market. Hence, the aim of this study was to examine the key factors and variable that drive financial feasibility in property development and generate a financial feasibility model which can be used by property development entrepreneurs to analyse the financial feasibility of property development projects. Based on the aim of this study, an extended review of the literature relating to property business, property development, demand planning and risk management within the built environment discipline was conducted in identifying factors affecting the perceived success of financial feasibility for property development projects internationally. The research reviewed literature in the property development industry by identifying the variables for profitability, outside advice, trend analysis and real estate strategies. The research methodology approach that was used for this study, a qualitative explanatory multi-case study where embedded unit of analysis and valuable insight was provided for the success of financial feasibility in property development internationally. Semistructured interviews were conducted with various industry experts as indicated below: • Project Manager at Property Company; • Project Manager at developer; • Development Manager; • Owner of Property Group; • Part time lecturer at NMU Built Environment; • Development consulting company CEO; vi • Trustgro Developments (Pty) Ltd: Managing Director; • Tswaranang Consulting – Managing Director; • Capelo Development Company (Property Development) Director; and • NMBM - Senior Director: Land Planning and Management. The interview questions and primary and secondary propositions were defined together with the validity and reliability of the research. The purpose of the qualitative research was to unravel key factors that determine the perceived success of international financial feasibility of property development projects. Replication logic was used to generalise the results and the findings of this research effort suggested that the following variables emerging from qualitative themes, positively influences the perceived success of the financial feasibility in property development projects: profitability, risk management, outside advice, trend analysis, property cycles and demand planning. The implication arising from this study is that the perceived success of international financial feasibility in property development projects has the following positive influencing factors: profitability, risk management, outside (specialist) advice, trends analysis, property cycles and demand planning which must be considered by property developers and investors to ensure the success of their property development interventions. The curriculum of property development and real estate management practice should equally take into account the afore-mentioned factors. , Thesis (MA) -- Faculty of Engineering, the Built Environment, and Technology, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Adendorff, Ryan Gregg
- Date: 2022-12
- Subjects: Built environment , Real estate development
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/59348 , vital:62073
- Description: Property development is a sector which provides economic benefits to many countries worldwide. Such economic benefits are employment provision and GDP contribution to the economy. Interestingly, financial feasibility is one of the tools that can be used to ensure property development projects’ success. It has been therefore recognised that some of the property development entrepreneurs lack financial feasibility know-how which could position their property development businesses into a competitive edge and sustainability in this continuous fluctuating property market. Hence, the aim of this study was to examine the key factors and variable that drive financial feasibility in property development and generate a financial feasibility model which can be used by property development entrepreneurs to analyse the financial feasibility of property development projects. Based on the aim of this study, an extended review of the literature relating to property business, property development, demand planning and risk management within the built environment discipline was conducted in identifying factors affecting the perceived success of financial feasibility for property development projects internationally. The research reviewed literature in the property development industry by identifying the variables for profitability, outside advice, trend analysis and real estate strategies. The research methodology approach that was used for this study, a qualitative explanatory multi-case study where embedded unit of analysis and valuable insight was provided for the success of financial feasibility in property development internationally. Semistructured interviews were conducted with various industry experts as indicated below: • Project Manager at Property Company; • Project Manager at developer; • Development Manager; • Owner of Property Group; • Part time lecturer at NMU Built Environment; • Development consulting company CEO; vi • Trustgro Developments (Pty) Ltd: Managing Director; • Tswaranang Consulting – Managing Director; • Capelo Development Company (Property Development) Director; and • NMBM - Senior Director: Land Planning and Management. The interview questions and primary and secondary propositions were defined together with the validity and reliability of the research. The purpose of the qualitative research was to unravel key factors that determine the perceived success of international financial feasibility of property development projects. Replication logic was used to generalise the results and the findings of this research effort suggested that the following variables emerging from qualitative themes, positively influences the perceived success of the financial feasibility in property development projects: profitability, risk management, outside advice, trend analysis, property cycles and demand planning. The implication arising from this study is that the perceived success of international financial feasibility in property development projects has the following positive influencing factors: profitability, risk management, outside (specialist) advice, trends analysis, property cycles and demand planning which must be considered by property developers and investors to ensure the success of their property development interventions. The curriculum of property development and real estate management practice should equally take into account the afore-mentioned factors. , Thesis (MA) -- Faculty of Engineering, the Built Environment, and Technology, 2022
- Full Text:
- Date Issued: 2022-12
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