Editorial: Special Issue - Economics in Digital Construction

Main Article Content

Georgios Kapogiannis
Panagiotis Palaios

Abstract

Welcome to this special issue of our CEB journal, dedicated to exploring the multifaceted economic dimensions of digital construction within the Architecture, Engineering, Construction, and Operation (AECO) sector. As digital technologies increasingly spread throughout this sector, they bring about transformative impacts not only on how projects are designed and managed but also on the broader economic landscape. The rapid adoption of technologies like Building Information Modelling (BIM) and digital asset management systems has set a new paradigm in project efficiency and data utilisation. These advancements promise substantial economic benefits, ranging from increased productivity to enhanced decision-making capabilities, which, in turn, can spur significant growth in the broader economy. However, efficient and fair distribution and diffusion of these benefits in society is not always given, as stronger economies can more efficiently utilise the benefits of Digital Construction compared to weaker economies. Consequently, there is a need signaled for structural reforms in the latter, to improve the rate of integration of digitalisation in the construction sector (Kapogiannis, et al., 2023). Climate change is also a factor that now poses challenges for the construction sector, with digitalisation a key element able to address these challenges.

Article Details

How to Cite
Kapogiannis, G., & Palaios, P. (2024). Editorial: Special Issue - Economics in Digital Construction. Construction Economics and Building, 24(3). https://doi.org/10.5130/AJCEB.v24i3.9185
Section
Special Issue: Digital Economics in Construction
Author Biographies

Georgios Kapogiannis, AFG with the University of Aberdeen (Qatar Campus)

Dr. Georgios Kapogiannis is specializing in digital innovation in construction engineering and project management. Currently a Senior Lecturer in Management at AFG with the University of Aberdeen (Qatar Campus) and the University of Aberdeen (UK), he also holds honorary and visiting position at Idaho State University (USA). With a career beginning in Greece's Ministry of Education, Dr. Kapogiannis has been a driving force in digital transformation globally, holding two patents and leading major research projects in the UK, China, USA and Qatar. He has taught at top institutions like Warwick and Nottingham (China Campus), supervising numerous postgraduates and contributing to leading journals, solidifying his role as a mentor and innovator in his field.

Panagiotis Palaios, Deree - The American College of Greece

Panagiotis Palaios is an Assistant Professor in Economics of the School of Business and Economics at Deree – The American College of Greece. He holds a Ph.D. in Economics (National and Kapodistrian University of Athens), Mphil in Economics, MA in International Relations and Strategic Studies. His research activities focus on modelling asymmetric behavior in macroeconomic variables and public goods (defence). Formerly, he served as a Financial and Supply Officer of the Hellenic Navy, up to the rank of Lieutenant Commander, in various positions, among them as Head Economic Advisor to the Deputy Minister of National Defence (2019-2022). Some of his research articles appear in the Scottish Journal of Political Economy, Empirical Economics and Defence and Peace Economics.