E3S Web Conf.
Volume 274, 20212nd International Scientific Conference on Socio-Technical Construction and Civil Engineering (STCCE – 2021)
|Number of page(s)||9|
|Published online||18 June 2021|
The practical barriers to kickstarting the innovation and investment in the sphere of construction in Russian Federation
1 Saint-Petersburg State University of Architecture and Civil Engineering (SPSUACE), Saint Petersburg, Russia
2 Saint-Petersburg State University of Civil Aviation, 196210 Saint-Petersburg, Russia
3 Moscow State Institute of International Relations (MGIMO-University), Moscow, Russia
* Corresponding author: firstname.lastname@example.org
We have identified the main issues in introducing innovation into a construction project. The solution is realized through the study of both objective and subjective obstacles to the introduction of the innovative technologies in the investment - construction cycle, which is treated as a single process, because the economic effects of innovation can be evaluated only within the full life cycle of a building. We created a highly interconnected financial model of the compounding effects of innovation in the construction industry. We present the Russian construction market’s challenges and feedback loops in innovation by using graph theory and complex analysis. The article presents the method developed in the scientific school «Methodological problems of the economic effectiveness of regional construction clusters as a self-ordering system» that shows the algorithmic consistency and transparency of evaluating the effectiveness of the innovations.
The described method can be used in a large array of scientific and theoretical tasks: from the replication of the method to other types of economic activity to the synthesis of methods and models for identifying key areas of innovation activity. It can also be used to build a method for assessing the innovative potential of a project.
Key words: innovation / production cycle / financial model / economic outcomes / synthesized graph
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.