nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2016‒04‒16
seven papers chosen by
Arvi Kuura
Tartu Ülikool

  1. The integration of place-based social innovations into the EU social agenda By Gert Verschraegen; Sebastiano Sabato
  2. Key Success Drivers in Public Research Grants: Funding the Seeds of Radical Innovation in Academia? By Albert Banal-Estañol; Inés Macho-Stadler; David Pérez-Castrillo
  3. Comparing the economic impacts of Asian integration by computational simulation analysis By Isono, Ikumo; Kumagai, Satoru; Hayakawa, Kazunobu; Keola, Souknilanh; Tsubota, Kenmei; Gokan, Toshitaka
  4. An Economic and Stakeholder Analysis for the Design of IPP Contracts for Wind Farms By Salci, Sener; Jenkins, Glenn
  5. Election, Implementation, and Social Capital in SchoolBased Management: Evidence from a Randomized Field Experiment on the COGES Project in Burkina Faso By Sawada, Yasuyuki; Aida, Takeshi; Griffen, Andrew S; Kozuka, Eiji; Noguchi, Haruko; Todo, Yasuyuki
  6. Studie: Die Generation Y und deren organisatorische Implikationen By Klein, Helmut
  7. Good development support in fragile, at-risk and crisis affected contexts By OECD

  1. By: Gert Verschraegen; Sebastiano Sabato
    Abstract: This report examines how place-based socially innovative policies and actions can be better integrated into the broader European Union (EU) social agenda. On the basis of previous work and a roundtable taking place in the context of the Improve project, it a) identifies some main challenges for upscaling and consolidating place-based social innovation throughout the European multi-level governance system; b) analyses whether social innovation dovetails with the broader European policy goals of territorial cohesion and public participation, and c) proposes some cautious policy recommendations with regard to how EU resources can be used to better support socially innovative practices. Three main conclusions can be drawn from our analysis. Firstly, the EU supports social innovation both directly (by providing different kinds of resources for local socially innovative projects, not limited to financial resources) and indirectly, by supporting European umbrella organisations operating in the field of poverty and social inclusion. Yet, the degree of innovativeness of EU supported projects differs. Secondly, although EU support for place-based social innovation is significant, it is not consistent throughout the whole life cycle of social innovation. EU support is particularly effective in the early stages of socially innovative projects (conception and start-up). Institutionalisation of those projects depends on domestic circumstances (including welfare regimes’ peculiarities) and, what is more surprising given the emphasis at the EU level, EU resources are no used for up-scaling local socially innovative practices. Thirdly, an important challenge is to adapt the increasingly top-down approach in the support of socially innovative projects, with scarce attention being paid to the involvement and empowerment of socially excluded groups.
    Keywords: Social innovation, Europe 2020, poverty and social exclusion, participatory governance, usages of Europe
    JEL: I3 L3 Z18
  2. By: Albert Banal-Estañol; Inés Macho-Stadler; David Pérez-Castrillo
    Abstract: We study what makes a research grant application successful in terms of ability, type of research, experience, and demographics of the applicants. But our main objective is to investigate whether public funding organizations support the teams that are most likely to undertake transformative or "radical" research. Making use of the literature on recombinant innovation, we characterize such "radical teams" as those formed by eclectic and non-usual collaborators, and those that are heterogeneous and scientifically diverse. Our results, using data from the UK's Engineering and Physical Sciences Research Council (EPSRC), show that the more able, more basic, and more senior researchers, working in a top university, are more likely to be successful. But, radical teams are less likely to be funded by funding bodies. Our analysis of the research output of the awarded projects suggests that, voluntarily or involuntarily, the evaluation process in these organizations is biased against radical teams.
    Keywords: radical innovation, funding organizations, research grants
    JEL: O32 I23
    Date: 2016–03
  3. By: Isono, Ikumo; Kumagai, Satoru; Hayakawa, Kazunobu; Keola, Souknilanh; Tsubota, Kenmei; Gokan, Toshitaka
    Abstract: The Geographical Simulation Model developed by IDE-JETRO (IDE-GSM) is a computer simulation model based on spatial economics. IDE-GSM enables us to predict the economic impacts of various trade and transport facilitation measures. Here, we mainly compare the prioritized projects of the Master Plan on ASEAN Connectivity (MPAC) and the Comprehensive Asia Development Plan (CADP). MPAC focus on specific hard or soft infrastructure projects that connect one ASEAN member state to another while the CADP emphasizes the importance of economic corridors or linkages between a large cluster and another cluster. As compared with MPAC projects, the simulation analysis shows that CADP projects have much larger positive impacts on ASEAN countries.
    Keywords: Asia, International economic integration, Regional economic cooperation, Economic geography, Spatial economics, Economic integration, ASEAN, Simulation analysis
    JEL: F15 O53 R12
    Date: 2016–03
  4. By: Salci, Sener; Jenkins, Glenn
    Abstract: In this paper we introduce a method for quantifying the benefits and costs of implementing a grid-connected onshore wind project that is owned and operated by an independent power producer (IPP). The proposed policy analysis tool is applied to the appraisal of a wind farm in Santiago Island, Cape Verde. The policy analysis is conducted from the perspectives of the electric utility, the country’s economy, the government and the private sector investor. The key question is whether the design of the power purchase agreement (PPA) will yield a high enough rate of return to the project to be bankable, while at the same time yielding a positive net financial and economic present value to the electric utility and the country respectively. The PPA results in a negative outcome for the economy of Cape Verde in almost all circumstances. In contrast the owners of the IPP are guaranteed a very substantial return for their modest investment under all circumstances.
    Keywords: electricity, wind power, power purchase agreement, public–private partnership, Santiago (Cape Verde)
    JEL: D61 E22 L94 O55 Q42
    Date: 2016–04
  5. By: Sawada, Yasuyuki; Aida, Takeshi; Griffen, Andrew S; Kozuka, Eiji; Noguchi, Haruko; Todo, Yasuyuki
    Abstract: In this paper, we investigate the role of School Management Committees (COGES) in Burkina Faso. These committees include elected members of each community, and are tasked with setting and implementing annual school plans. The study adopted a hybrid evaluation method incorporating a randomized controlled trial and a large-scale artefactual field experiment a la Levitt and List (2007) on public goods with monetary rewards, to closely examine unexplored issues impacting on the sustainability of community-driven projects, and to identify at least partially the mechanisms of this sustainability. We found that the COGES project significantly increased social capital in the form of voluntary contributions to public goods, especially by linking those that people can be connected to vertically. On average, the direct increase in voluntary contributions to public goods from the implementation of the COGES project was between 8.0 and 10.2%. For groups composed of school principals, teachers, and parents, the average contribution increased by between 12.7 and 24.1% through the democratic election of school management committee members, and by between 11.0 and 17.2% through the implementation of the COGES project. These results suggest that community management projects can improve local cost recovery by increasing local contributions of public goods, potentially leading to better fiscal sustainability in community-driven projects. Moreover, the results based on our hybrid experiments are largely in line with real-world decisions observed in the schools under our investigation. As a byproduct, our findings are supportive of models of other-regarding preferences.
    Keywords: school-based management , randomized controlled trials , artefactual field experiments , public goods game , social capital , sustainability of development project
    Date: 2016–03–10
  6. By: Klein, Helmut
    Abstract: Die vorliegende Studie betrifft die Gen. Y und ihre spezifischen Anforderungen an die Unternehmensorganisation. Im Ergebnis einer durchgeführten Befragung ist festzuhalten, dass die Gen. Y die Kernkompetenzen eines Managers verstärkt einfordert und eine hohe Betreuungsintensität verlangt. Dies hat Auswirkungen auf die Führungsspanne, Planung und Kontrolle von Aufgaben, die Gestaltung der vertikalen und horizontalen Prozesse sowie die Zusammensetzung von Teamarbeitsformen. Projektarbeit sowie interessante und abwechslungsreiche Aufgabenstellungen schätzt die Gen. Y ebenso wie ihr entgegengebrachtes Feedback und Wertschätzung. Unterstützung bedarf die Gen. Y durch Sensibilisierung bzgl. der Aussagekraft, Korrektheit, Vollständigkeit und Plausibilität recherchierter Daten.
    Abstract: The presented study analyses work-related requirements of Gen. Y and discusses the possible impact on company organizations. Data analysis of a questionnaire shows that Gen. Y demands a high level of people management skills and support. As a consequence, team size, planning and control of tasks, design of horizontal and vertical processes as well as staffing of teams require special attention. Project work as well as interesting and diversified tasks are appreciated by Gen. Y. Also feedback and appreciation are important values in their business life. Usage of IT and communication tools is integral part of their business and private life. However, employees of Gen. Y need support to strengthen their awareness about significance, correctness, completeness and plausibility of the information they research.
    Keywords: Organisation,Unternehmenskultur,Generation Y
    JEL: L22 M14
    Date: 2016
  7. By: OECD
    Abstract: New thinking on the nature of fragility and risk shows a shift from a one-dimensional understanding of fragility towards a more holistic approach in which degrees of fragility exist on a spectrum. This approach recognises the need for collaborative, regional and global solutions to tackle the root causes - and that acknowledges the need to broaden the use of institutional influences, policy levers and expertise “beyond aid”. In parallel, many development co-operation agencies are working to meet commitments under the newly agreed Sustainable Development Goals, the Paris Agreement on climate change, and the Addis Ababa Action Agenda on financing sustainable development. In this context, the OECD Development Assistance Committee (DAC) commissioned a study on how to work more effectively in fragile, at-risk and crisis-affected contexts. This report identifies 12 lessons grouped into 3 thematic areas: building institutional fitness, aspiring to deliver change, and leaving no-one behind. These lessons are illustrated with a wealth of good practice examples from DAC members.
    Keywords: aid effectiveness, Donorship, fragile states, conflict
    Date: 2016–04–12

This nep-ppm issue is ©2016 by Arvi Kuura. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
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