Abstract
The relevance of developing the construction sector in Russia stems from the imperative to 1) enhance productivity, 2) reduce costs and improve quality and safety, and 3) address future challenges such as climate change and economic diversification. This article assesses the readiness of regions for digitalizing the construction sector through a ranking system based on the geometric mean. Digitalization readiness in the construction industry is the current state of territorial socio-economic systems defined across four areas of development: the socio-economic domain, research and innovations,the digital sphere, and the industrial domain. The study aims to establish a regional ranking to assess digitalization readiness in the construction sector, with a specific focus on the Arctic zone of the Russian Federation. Regional specialization in construction-related economic activities is identified, revealing that the Yamalo-Nenets Autonomous Okrug and the Republic of Sakha (Yakutia) present opportunities for creating an industrial cluster. A benchmark ranking is proposed, indicating that the Yamalo-Nenets Autonomous Okrug and the Republic of Sakha (Yakutia) exhibit attractiveness for strategic initiatives aimed at digitalizing the construction industry.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Север и рынок: формирование экономического порядка
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
