Document Type



Facing an increasing competition from their foreign counterparts Finnish Architecture, Engineering and Construction (AEC) industry is utilizing value networks in their operations and trying to make the most of their knowledge about the end users and the life cycle management of buildings. However, the knowledge management practices in the industry are still in its infancy in many respects and this creates possibilities for competitive advantage and new business opportunities. The focus of this paper is on the knowledge creation and transfer as a source of business opportunities in AEC industry. This paper is based on literature review and the viewpoints of the companies operating in different parts of the life cycle of buildings. These viewpoints were collected in 20 in-depth interviews during August 2005 and May 2006. A broad coverage of all the important interest groups, in the field of construction and maintenance of buildings, were fairly included in the interviews to construct comprehensive picture of the knowledge transfer practices and possible business opportunities related to them.