Monitoring the Economic Efficiency of Implementation of the System-Functional Approach in the Management of Innovative Development of Construction Enterprises Cover Image

Моніторинг економічної ефективності застосування системно-функціонального підходу в управлінні інноваційним розвитком будівельних підприємств
Monitoring the Economic Efficiency of Implementation of the System-Functional Approach in the Management of Innovative Development of Construction Enterprises

Author(s): Sviatoslav Kniaz, Ruslan Skrynkovskyy, Nelli Heorhiadi, Lyubomyr Sopilnyk, Roman Rusyn-Hrynyk, Marcel Kurt Mainka
Subject(s): Business Economy / Management
Published by: Altezoro, s. r. o. & Dialog
Keywords: construction company; monitoring; innovation policy; factor indicators; the resulting indicators; innovative development; system-functional approach

Summary/Abstract: The article aims to develop recommendations for improving the mechanism of monitoring the economic efficiency of implementing the system-functional approach in the management of innovative development of construction enterprises. During the research, there was used morphological analysis – to structure the object of study, models and methods of system analysis, tools for forming topological spaces and axiomatics of set theory – to explain object monitoring's logic Bayesian equation – estimate the probability of alternative events.As a result of the study, the object of monitoring is morphologically structured, topologies for analysis of the state of the object of monitoring are presented, and equations for estimating the probability of alternative events that characterize changes in the object of monitoring are constructed.The scientific novelty of the study lies in improving the mechanism for monitoring the economic efficiency of the system-functional approach in the management of innovative development of construction enterprises, which, unlike the existing ones, is based on morphological analysis tools, identification of topological and metric spaces, construction and solution of Bayes' equations. The practical value of the research results lies in developing methodological tools for managing the innovative development of construction companies based on a system-functional approach, particularly in terms of improving the monitoring mechanism. The author's proposals can be used in practical business structures (construction companies) of all forms of ownership.

  • Issue Year: 7/2021
  • Issue No: 03
  • Page Range: 3020-3027
  • Page Count: 8
  • Language: Ukrainian