nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2009‒10‒31
four papers chosen by
Arvi Kuura
Parnu College - Tartu University

  1. Mega projects in India Environmental and Land Acquisition Issues in the Road Sector By G. Raghuram,Samantha Bastian,Satyam Shivam Sundaram
  2. Fits and Misfits: Technological Matching and R&D Networks By Cowan, Robin; Jonard, Nicolas; Sanditov, Bulat
  3. Specific Human Capital as a Source of Superior Team Performance By Egon Franck; Stephan Nüesch; Jan Pieper
  4. Lessons from Leveraging Land: A Case of Bangalore Mysore Infrastructure Corridor By G. Raghuram; Satyam Shivam Sundaram

  1. By: G. Raghuram,Samantha Bastian,Satyam Shivam Sundaram
    Abstract: Mega projects (primarily infrastructure) receive a sizable investment (~10%) of the gross fixed capital formation in India. Environmental clearances and land acquisitions have been the two major reasons for delays in the projects. However, there has been a steady increase in the proportion of projects running on schedule and a sharp decline in the proportion of projects with cost overruns. These accomplishments have been achieved due to better financing, project management, and reform in the regulatory frameworks related to environmental and land acquisition aspects.
    Date: 2009–03–16
  2. By: Cowan, Robin (UNU-MERIT, and BETA, Universite Louis Pasteur); Jonard, Nicolas (Universite du Luxembourg.); Sanditov, Bulat (UNU-MERIT, and Maastricht University)
    Abstract: This paper presents an economic model of R&D network formation through the creation of strategic alliances. Firms are randomly endowed with knowledge elements. They base their alliance decisions purely on the technological fit of potential partners, ignoring social capital considerations and indirect benefits on the network. This is sufficient to generate equilibrium networks with the small world properties of observed alliance networks, namely short pairwise distances and local clustering. The equilibrium networks are more clustered than "comparable" random graphs, while they have similar characteristic path length. Two extreme regimes of competition are examined, to show that while the competition has a quantitative effect on the equilibrium networks (density is lower with competition), the small world features of the equilibrium networks are preserved.
    Keywords: network formation, small worlds, R&D networks, strategic alliances, business clusters
    JEL: D85 O32
    Date: 2009
  3. By: Egon Franck (Institute for Strategy and Business Economics, University of Zurich); Stephan Nüesch (Institute for Strategy and Business Economics, University of Zurich); Jan Pieper (Institute for Strategy and Business Economics, University of Zurich)
    Abstract: In this paper, we empirically investigate the performance effect of team-specific human capital in highly interactive teams. Based on the tenets of the resource-based view of the firm and on the ideas of typical learning functions, we hypothesize that team members’ shared experience in working together positively impacts team performance, but at diminishing rates. Holding a team’s stock of general human capital and other potential drivers constant, we find support for this prediction. Implications concerning investment decisions into human capital as well as the transferability of our findings to other contexts are discussed.
    Date: 2009
  4. By: G. Raghuram; Satyam Shivam Sundaram
    Abstract: Bangalore Mysore Infrastructure Corridor pioneered the idea of leveraging land for revenue generation to make a project viable. The project was conceived as early as 1988. It had the twin objectives of (i) connecting Bangalore and Mysore (two rapidly growing cities in Karnataka) with an expressway and (ii) developing the infrastructure around the periphery of Bangalore city and the expressway. The project generated many controversies centred around land acquisition including the quantum of land, number of places for land acquisition, number of families affected, and the compensation package. These issues were further escalated due to frequent changes in political leadership in the state. This paper discusses the events which have spanned over two decades and brings out the key learnings in leveraging land as a revenue generation instrument
    Date: 2009–02–13

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