Entrepreneurial Strategies of Quantity Surveyors in Mitigating the Economic Crisis in Sri Lanka's Construction Industr

Abstract

This study investigates the entrepreneurial strategies of Quantity Surveyors (QSs) in mitigating the economic crisis in Sri Lanka's construction industry, focusing on the specific challenges they encounter. A mixed-method approach was used, involving a questionnaire survey of 46 QS professionals (simple random sampling) and semistructured interviews with nine experts (purposive sampling), providing a comprehensive understanding of how QSs' entrepreneurial activities influence the crisis. The results indicate that factors such as motivation, demographic aspects, perceived features, and innovativeness significantly impact QSs' entrepreneurial engagement. The research identifies key challenges, including material shortages, regulatory barriers, and financial constraints, and proposes strategies to overcome them. The findings suggest that QSs’ entrepreneurial efforts, through the adoption of innovative practices and leveraging new opportunities, play a crucial role in alleviating the economic crisis within Sri Lanka's construction sector.