BRIDGING CONSTRUCTION, TECHNOLOGY AND ECONOMICS: A BIBLIOMETRIC EXPLORATION OF INDUSTRY COSTS, MANAGEMENT AND INNOVATION

Mastac Lavinia, Filip Cosmin and Trandafir Raluca Andreea
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Mastac Lavinia: BUCHAREST UNIVERSITY OF ECONOMIC STUDIES
Filip Cosmin: OVIDIUS UNIVERSITY OF CONSTANTA
Trandafir Raluca Andreea: OVIDIUS UNIVERSITY OF CONSTANTA

Annals - Economy Series, 2025, vol. 2, 41-60

Abstract: The realm of construction is presently experiencing a remarkable metamorphosis, propelled by advancements in technology, economic imperatives, and a growing insistence on sustainability. This study examines the central themes of construction research through a bibliometric approach. The VOSviewer software was used to identify relationships and trends between concepts such as digitalization, innovation, sustainability and cost management. The results indicate an increasing focus on the integration of advanced technologies such as Building Information Modeling (BIM), automation and resource management. The geographical distribution of the research highlights the dominance of countries such as China, the United States and the United Kingdom, alongside emerging contributions from regions such as Malaysia and Hong Kong. Nevertheless, considerable disparities endure, particularly within rising economies. The insufficient allocation of resources towards research and development for small and medium enterprises serves as a significant impediment to the broad embrace of advanced technologies. The study highlights the need for an interdisciplinary approach, where collaboration with fields such as economics, management, ecology and human resources is necessary to maximize the potential of the industry. The study underscores the significance of bespoke public policies and efficacious international collaborations to foster the extensive embrace of innovative technologies and sustainable solutions.

Keywords: Construction; Cost; Management; Innovation; Technology; Economy (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2025:v:2:p:41-60

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