Development of the mechanism of motivation and tangible incentivisation

Lavrova, Ludmila; Chernegov, Nikolay; Ivanova, Maria; Lemesheva, Zhanna; Akimova, Elena

doi:10.1051/matecconf/201817001094

Cited by 6 publications

(4 citation statements)

References 8 publications

(7 reference statements)

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“…There are studies on incentivisation regarding construction projects (Bryde and Joby, 2007;Hughes et al, 2012;Suprapto et al, 2016;Lavrova et al, 2018;Vogel et al, 2019;Lord, 2020;Hurt-Suwan and Mahler, 2021) and studies on 4IR concerning the construction sector ECAM 31,4 (Fitzgerald et al, 2014;Aghimien et al, 2018;Alaloul et al, 2018;Chang, 2018;Chowdhury et al, 2019;Sepasgozar, 2020). Apart from Chang (2018), previous reviewed studies did not regard CI as a mechanism to boost digital technology applications in the constructtion industry.…”

Section: Introductionmentioning

confidence: 99%

Incentivisation of digital technology takers in the construction industry

Ebekozien

Samsurijan²

2022

ECAM

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PurposeStudies showed that digital technology applications in the construction industry are low, especially in many developing nations. Construction incentivisation (CI) is one of the long-standing principles adopted to enhance project performance. There is a paucity of studies concerning CI to improve digital technology applications. Thus, this research investigated the relevance and perceived hindrances that may hinder the implementation of CI from promoting digital technologies and proffer ways to improve digital technology applications in the construction sector.Design/methodology/approachIn Nigeria’s context, this research is exploratory. Twenty-four semi-structured virtual interviews were conducted in Lagos and Abuja, Nigeria, with knowledgeable participants that indicated interest and were interviewed. The engaged interviewees were drawn from government agencies, academicians in construction consultancy, Internet and communication technology experts, construction contracting firms and construction consulting firms. The collected data were coded and analysed through a thematic method.FindingsDigitalisation of the industry via CI may face some hindrances. The perceived issues that may hinder CI implementation were classified into most severe, severe and fairly severe in Nigeria’s construction industry context. Findings proffer feasible policy solutions that can mitigate these issues and improve digital technology applications in the industry via the CI.Research limitations/implicationsThis study covered the relevance and perceived issues that may hinder the implementation of the CI to improve digital technology applications in the industry. Also, the study proffers policy solutions to enhance digital technology applications in the industry via the CI concept.Practical implicationsFindings from this research will support and offer a valuable understanding of the relevance of the “incentivisation concept” to improve digital technology applications in the Nigerian-built environment. Other developing countries with low applications of digital technology in construction may consider the suggested policy solutions from this research. Also, this study will stir policymakers and construction practitioners to support policies tailored towards improving digital technology applications in construction.Originality/valueThis research contributes by exploring the effectiveness of the CI concept and informing construction practitioners and policymakers on how to improve digital technology applications in the Nigerian construction industry.

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Section: Introductionmentioning

confidence: 99%

Incentivisation of digital technology takers in the construction industry

Ebekozien

Samsurijan²

2022

ECAM

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“…The known methods do not fully take into account the specifics of the processes under consideration, therefore, they can lead to colossal errors in forecasting efficiency. The relations (14) and (18) obtained in this work make it possible to more adequately assess the implementation and forecasting of the indicator of the effectiveness of the economic activity of executive authorities in the region.…”

Section: Resultsmentioning

confidence: 94%

“…In this regard, the forecasting of the planned values of the indicators of the economic activity of the executive authorities is accompanied by the choice of one of the following conditions [14]: 1. The existence of an objective model that has a causal relationship between the current parameters of the situation model and the expected values of performance indicators.…”

Section: Fig 1 Classification Of Forecastsmentioning

confidence: 99%

Fundamentals of forecasting indicators of economic activity of executive bodies for sustainable development

et al. 2021

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Forecasting plays a significant role in organizing the economic activities of executive authorities using the example of customs authorities, since this is associated with the ongoing policy of optimizing customs payments administered by customs authorities, ensuring the economic security of the state, improving the quality of customs services and compliance with customs legislation. A wide range of forecasting methods allows them to be applied on the basis of assessing the feasibility of applying one method or another to forecast the main economic indicators of the activities of executive authorities. The analysis of the scientific and methodological base made it possible to form and propose a generalized algorithm for forecasting the indicators of the economic activity of executive authorities. Goal is to develop a generalized algorithm for predicting the indicators of the economic activity of executive authorities using the example of customs authorities.

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“…Let's consider the simplest model of economic growth using the example of small and medium-sized businesses. It is based on material described in [1], [2], [3], [4]. We will assume that small and medium-sized enterprises (hereinafter referred to as SMEs) are in a closed economy, i.e.…”

Section: Mathematical Model Of Economic Growth Of Small and Medium-simentioning

confidence: 99%

Model of economic growth of the economy of small and medium-sized enterprises in the context of the spread of coronavirus infection

2020

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In the last three months, the dynamics of economic development began to decline, due to the influence of the pandemic. The world was not ready for the big challenge of nature. The article describes the state of small and medium-sized businesses, the state of the economy, the market and the market environment of the countries most affected by the spread of the coronavirus, and also describes the support measures taken by the state for these enterprises. The article presents a model of economic growth for small and medium-sized enterprises operating in the context of the new coronavirus infection.

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Development of the mechanism of motivation and tangible incentivisation

Cited by 6 publications

References 8 publications

Incentivisation of digital technology takers in the construction industry

Incentivisation of digital technology takers in the construction industry

Fundamentals of forecasting indicators of economic activity of executive bodies for sustainable development

Model of economic growth of the economy of small and medium-sized enterprises in the context of the spread of coronavirus infection

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