Economics, Econometrics and Finance
4 years ago

Revolutionizing construction management: Predicting innovation success and overcoming challenges

WAYS TO IMPROVE CONSTRUCTION EFFICIENCY
Innovation component of the management mechanism of a construction enterprise
N. Khomenko

Paper Summary

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The article explores how construction companies can improve by being more innovative. It looks at what makes a company innovative, suggests ways to manage innovation, and identifies factors that help or hinder innovation. The study shows that being innovative involves taking risks, dealing with financial and human resource challenges, and being open to change.