Review article

The work highlights innovations, introduction of which has a cross-(multiplicative) effect at various stages of the investment and construction cycle. The concepts of multiplier and cross-(multiplicative) effects are considered, the main stages of the investment and construction cycle (ICC) are identified and described. On the examples from domestic practice, a number of situations are analyzed, in which the presence of cross-(multiplicative) effects from the introduction of innovations by various subjects of ICC objects is observed. Also, an example is given when innovation is local in nature and does not affect the financial result of investment and construction project. УДК 338.24