International Conference on Eurasian Economies
29-31 August 2016 – Kaposvár, HUNGARY
Paper detail
Paper ID : 1771
Status : Paper published
Language : Turkish
Topic : Sectoral Analyses
Presenter: Asst. Prof. Dr. Fatih Kürşat Fırat
Session : 4D Finans IV
Innovation in the Construction Industry and its Economical Effects
İnşaat Endüstrisinde İnovasyon ve Ekonomi Üzerindeki Etkisi
- Asst. Prof. Dr. Fatih Kürşat Fırat (Aksaray University, Türkiye)
- Ph.D. candidate Hümeyra Tosun (Aksaray University, Türkiye)
Abstract
Construction sector in Turkey is one of the sectors that directly contribute to the national economy. The large volume projects done in the international arena shows that there is a major breakthrough in the Turkish construction sector. Turkish construction companies, which undertake an enormous amount of work in about ninety countries, have the second largest work capacity after China in the world. This shows clearly how much active the Turkey's foreign expansion strategy of the construction industry. When we look at the industry in general, it seems to be disastrous in innovation management compared to contracting services. In this respect, the various innovation studies must be made and the sector must be evaluated with all its parameters based on these innovation studies. The aim of this study is to examine the importance of innovation in the construction industry and to investigate economical effects. Within the context of the study, the importance of the construction sector in Turkey is firstly examined. Later, the importance of innovation activities in the construction sector is emphasized based on the available data. Consequently, the steps taken by the governments and employers are discussed on the subject of innovation studies in order to increase Turkey's competitiveness in the international market.
JEL codes: L74, O31
Fırat, Fatih Kürşat, Tosun, Hümeyra (2016). "Innovation in the Construction Industry and its Economical Effects" in Proceedings of International Conference of Eurasian Economies 2016, pp.712-720, Kaposvár, HUNGARY.
DOI: https://doi.org/10.36880/C07.01771
