0
views
0
recommends
+1 Recommend
0 collections
    0
    shares
      • Record: found
      • Abstract: found
      • Article: found
      Is Open Access

      The classification of transaction costs: the innovation in the construction industry based on building information modeling. A case study of multilingual schools

      , , , ,
      IOP Conference Series: Materials Science and Engineering
      IOP Publishing

      Read this article at

      Bookmark
          There is no author summary for this article yet. Authors can add summaries to their articles on ScienceOpen to make them more accessible to a non-specialist audience.

          Abstract

          The problems of effective investment in social infrastructure have a contradiction between the need to expand the functions of social infrastructure in the information society and, as a result, the potential increase in the cost of this state investment projects. Based on the in-depth interview method, we prepared questionnaires for several interviews with industry experts to identify the transaction costs in the construction industry. The results of the research represent technical and organizational innovations that reduce the transaction costs of investment projects for the development of social infrastructure during the life-cycle of an object. We tested our hypothesis on the example of building a multilingual school in Kazan and gave a classification of transaction costs in the construction industry. The proposed method of reducing transaction costs of an investment project for the development of social infrastructure, based on buildings information modeling, allows solving the problem of high-quality public buildings cost-effective construction and the creation of public goods in the region.

          Related collections

          Most cited references32

          • Record: found
          • Abstract: not found
          • Article: not found

          The Nature of the Firm

            Bookmark
            • Record: found
            • Abstract: not found
            • Article: not found

            Platform envelopment

              Bookmark
              • Record: found
              • Abstract: not found
              • Article: not found

              BIM implementation throughout the UK construction project lifecycle: An analysis

                Bookmark

                Author and article information

                Journal
                IOP Conference Series: Materials Science and Engineering
                IOP Conf. Ser.: Mater. Sci. Eng.
                IOP Publishing
                1757-8981
                1757-899X
                July 01 2020
                July 01 2020
                : 890
                : 1
                : 012118
                Article
                10.1088/1757-899X/890/1/012118
                ac5ab275-3b1e-4dc5-8480-440ec94e350b
                © 2020

                http://creativecommons.org/licenses/by/3.0/

                https://iopscience.iop.org/info/page/text-and-data-mining

                History

                Comments

                Comment on this article