Development of an assessment methodology for innovation activity of construction enterprises

Abstract

The purpose of this paper is to develop an assessment methodology for innovation activity of construction enterprises. The ability of the enterprise to react clearly and appropriately to the changes in the market through the release of new products or improvement of existing products, the introduction of new production and marketing technologies, the improvement of a system of internal company management, and the use of the latest marketing strategies are the key components. As a result of this study, the indicators of conditions and results of innovation activity were analyzed, an algorithm for the methodic of a comprehensive assessment of the efficiency of innovation activity was developed, and a typology of construction enterprises was structured according to the level of development of innovation activity. Innovative development, competitiveness and sustainable development of enterprises are achieved through the systematic introduction of innovations.