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on Project, Program and Portfolio Management |
By: | Martha Orellano (emlyon business school); Christine Lambey-Checchin (CleRMa - Clermont Recherche Management - ESC Clermont-Ferrand - École Supérieure de Commerce (ESC) - Clermont-Ferrand - UCA - Université Clermont Auvergne); Khaled Medini (LIMOS - Laboratoire d'Informatique, de Modélisation et d'Optimisation des Systèmes - Ecole Nationale Supérieure des Mines de St Etienne - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne - INP Clermont Auvergne - Institut national polytechnique Clermont Auvergne - UCA - Université Clermont Auvergne); Gilles Neubert |
Abstract: | The notion of sustainable innovation (SI) emerged recently in the academic literature and evokes deep changes in organizations' products, processes, and practices to favour the creation of social and environmental value in addition to economic returns. The development of SI implies a collaborative process that requires the orchestration of several actors and streams of knowledge to be successful. Indeed, companies adopting the SI path need structured methodologies to guide the collaboration process with internal and external actors and support the decision process. Nevertheless, the literature has focused on the analysis of determinants and drivers of sustainable innovation development, while the process perspective has been discussed less. Through an in-depth case study in a large-sized company in France, this article proposes a methodological framework to guide the collaborative process in the early phases of sustainable innovation development. The framework relies on a combination of qualitative research and a multicriteria decision aiding method (AHP). The contributions of this work address two main aspects: (i) the conceptualization of sustainable innovation (SI) and (ii) the collaborative process between internal and external actors to develop SI. Firstly, our study leads to two additional dimensions to complete the concept of SI, traditionally based on the three pillars of sustainability (economic, environmental, and social), by adding the functional and relational dimensions. Secondly, concerning the collaborative process to develop SI, our framework proposes a structured methodology following five steps: definition of the project scope, setting actors' motivations, defining satisfaction criteria, proposing SI solutions, and performing a decision-aiding process to define the preference profiles of the key actors. |
Keywords: | sustainable innovation,customer-driven innovation,collaboration,decision-aiding,case study research |
Date: | 2021–08–12 |
URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03328101&r= |
By: | Marchesi, Silvia (University of Milan Bicocca); Masi, Tania (University of Chieti Pescara); Paul, Saumik (Newcastle University) |
Abstract: | This paper evaluates the effect of development project aid from the World Bank and China on firms' sales growth, using a large dataset of 110864 firms spanning 121 countries between 2001 and 2016. We find that, contrary to the World Bank, Chinese ODA projects increase, on average, firm sales and, compared to sector-specific, Chinese region-specific aid positively affect firm performance. Finally, we show that the positive effect of Chinese aid is stronger for firms lacking transport infrastructure (and with better electricity provision), suggesting that aid may improve firm performance by releasing their infrastructure constraints. |
Keywords: | aid effectiveness, world bank projects, chinese projects, geo-coding, firm growth |
JEL: | F35 O19 D22 |
Date: | 2021–08 |
URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp14705&r= |
By: | Jin, Zhangfeng |
Abstract: | This paper investigates whether and how China's adoption of Soviet-aided industrialization programs in the 1950s has affected its long-run innovation. Focusing on 156 major industrial projects aided by the Soviet Union, combined with an instrumental variable approach, I find that the adoption of these programs substantially discourages local firms to innovate in the long run. A causal mediation analysis of instrumental variable settings shows that the negative effect is entirely driven by local firms' lower intensity of incentive pay. This evidence suggests disadvantages of Soviet-aided industrialization programs for long-run innovation due to firms adopting incentive-incompatible management technology. |
Keywords: | Soviet Aid,Technology Transfers,Incentive Pay,Innovation,China |
JEL: | O10 O30 L20 M52 |
Date: | 2021 |
URL: | http://d.repec.org/n?u=RePEc:zbw:glodps:932&r= |
By: | Leandro Arozamena (Universidad Torcuato Di Tella / CONICET); Juan José Ganuza (Universitat Pompeu Fabra / Barcelona GSE); Federico Weinschelbaum (Universidad Torcuato Di Tella / CONICET) |
Abstract: | In order to make competition open, fair and transparent, procurement regulations often require equal treatment for all bidders. This paper shows how a favorite supplier can be treated preferentially (opening the door to home bias and corruption) evenwhen explicit discrimination is not allowed. We analyze a procurement setting in which the optimal design of the project to be contracted is unknown. The sponsor has to invest in specifying the project. The larger the investment, the higher the probability that the initial design is optimal. When it is not, a bargaining process between the winning firm and the sponsor takes place. Profits from bargaining are larger for the favorite supplier than for its rivals. Given this comparative advantage, the favored firm bids more aggressively and then, it wins more often than standard firms. Finally, we show that the sponsor invests less in specifying the initial design, when favoritism is stronger. Underinvestment in design specification is a tool for providing a comparative advantage to the favored firm. |
Keywords: | Auctions, Favoritism, Auction Design, Renegotiation, Corruption |
JEL: | C72 D44 D82 |
Date: | 2021–08 |
URL: | http://d.repec.org/n?u=RePEc:aoz:wpaper:83&r= |
By: | Hariharan, Naveen Kunnathuvalappil |
Abstract: | Learning the determinants of successful project budgeting is crucial. This research attempts to empirically find the determinants of a successful budget. To find this, this work applied three different supervised machine learning algorithms for classification: Support Vector Machine (SVM), Logistic regression, and Probit regression with data from 470 projects. Five features have been selected: coordination, participation, budget control, communication, and motivation. The SVM analysis results showed that SVM could predict successful and failed budgets with fairly good accuracy. The results from Logistic and Probit regression showed that if managers properly focus on coordination, participation, budget control, and communication, the probability of success in project-budget increases. |
Date: | 2021–09–08 |
URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:xf7ak&r= |
By: | Simshauser, P.; Billimoria, F.; Rogers, C. |
Abstract: | Australia’s National Electricity Market experienced significant growth in variable renewable energy (VRE) investment commitments over the period 2016-2021. A subset of projects experienced material entry frictions which stemmed from inadequate network hosting capacity. In this article we examine the development of non-regulated Renewable Energy Zones (REZ) as a means by which to help guide forward market commitments and produce greater coordination between generation and transmission plant investments. Using an optimisation model comprising 1500MW of transmission network infrastructure, we explore various definitions of a ‘fully subscribed REZ’ given the portfolio benefits associated with complementary wind and solar plant in Southern Queensland. We also examine the conditions by which various proponents would sponsor a non-regulated REZ. When maximising output forms the objective function, full subscription is achieved by developing ~3400MW of solar and wind in roughly equal proportions, accepting that some level of curtailment is an economic result. Conversely, full subscription in which the combined cost of the REZ and VRE plant is minimised is achieved at ~1800MW of VRE. If maximising net cashflows forms the objective function, VRE plant development is complicated by the dynamic nature of spot prices. Specifically, in early stages of VRE development solar is preferred but as its market share rises and value of output falls, wind investments dominate holding technology costs constant. |
Keywords: | Renewable Energy Zones, renewable generation, transmission investment |
JEL: | D25 D80 G32 L51 Q41 |
Date: | 2021–09–15 |
URL: | http://d.repec.org/n?u=RePEc:cam:camdae:2164&r= |
By: | U.S. Department of Transportation, John A. Volpe National Transportation Systems Center; U.S. Department of Agriculture, Agricultural Marketing Service |
Abstract: | This report provides information to inform the transportation planning and project selection processes that build and maintain the highway infrastructure upon which the agriculture industry relies upon for safe and efficient transportation of goods. It demonstrates the interconnected nature of agricultural freight and highlights the need for cooperation across jurisdictions via 1) A summary of the economic significance of highway infrastructure to the agriculture industry; 2) Identification of High-Volume Domestic Agriculture Highways based on 2018 commodity flows; 3) Modeled projections of future infrastructure conditions and performance; 4) Identification of efforts to improve agricultural freight movements. |
Keywords: | Crop Production/Industries, Livestock Production/Industries, Marketing, Research Methods/ Statistical Methods |
Date: | 2020–12 |
URL: | http://d.repec.org/n?u=RePEc:ags:uamstr:313492&r= |
By: | Hongzhen Ni; Jing Zhao; Xiujian Peng; Glyn Wittwer; Genfa Chena |
Abstract: | This paper uses SinoTERM, a dynamic multi-regional computable general equilibrium model (CGE) of the Chinese economy, to analyze the economic impact of large hydropower development projects. The model features regional labor market dynamics and an electricity subdivision module with substitutability between various types of electricity generation. The results suggest that hydropower development will boost economic growth in the project region. Most sectors in the project region will benefit from the hydropower development while some sectors will suffer a loss in output because of the substantial increase in real wages. Neighboring regions also benefit as a result of increased electricity supply in the operational phase of the proposed hydropower station. The impact of the hydropower development project on the national GDP as a whole is relatively small although positive. However, because of the long lag between the construction and operational phases, the hydropower development project will result in a national welfare loss measured by real household consumption and net foreign liability. Therefore, the project could only be justified if net environmental benefits outweigh this loss. |
Keywords: | dynamic CGE model, hydropower development, multiple regions, economic impacts, electricity subdivision module, China |
JEL: | C68 O13 R58 |
Date: | 2021–09 |
URL: | http://d.repec.org/n?u=RePEc:cop:wpaper:g-320&r= |
By: | Doss, Cheryl; Rubin, Deborah |
Abstract: | Interest in the meaning and measurement of women’s empowerment has become a stated goal of many programs in international development. This paper explores a collaborative process of studying women’s empowerment in agricultural research for development using both quantitative and qualitative methods. It draws on three bodies of research around empowerment, growing interest in qualitative methods, and measurement research, especially the conceptualization and adaptations of the Women’s Empowerment in Agriculture Index. Employing mixed methods over more than a decade of cooperation among researchers from the Global South and the Global North has challenged the methods and findings of each approach. The work has led to new insights about gender differences in what empowerment means to women and to men, the importance of context, interrelationships among dimensions of empowerment, and the need for greater precision in terms and measures, particularly around decision-making, asset ownership, and time use. Such collaborative research benefits from a long timeframe to build trust and shared understandings across disciplines. The paper concludes with suggestions for the next phase of research. |
Keywords: | WORLD; empowerment; gender; women; women's empowerment; methods; research; decision making; capacity development; mixed methods; WEAI; collaborative research; Women’s Empowerment in Agriculture Index |
Date: | 2021 |
URL: | http://d.repec.org/n?u=RePEc:fpr:ifprid:2035&r= |
By: | Céline Merlin-Brogniart (CLERSÉ - Centre Lillois d’Études et de Recherches Sociologiques et Économiques - UMR 8019 - Université de Lille - CNRS - Centre National de la Recherche Scientifique); Lars Fuglsang (Roskilde University); Ada Scupola (Roskilde University); Anne Hansen (Roskilde University); Rolf Rønning (The Inland Norway University of Applied Sciences); Siv Magnussen (The Inland Norway University of Applied Sciences); Alberto Peralta (UAH - Universidad de Alcalá - University of Alcalá); Miklós Rosta (Corvinus University of Budapest); Márton Katona (Corvinus University of Budapest); Éva Révész (Corvinus University of Budapest) |
Abstract: | In the context of the modernization of public management in Europe, the attention paid to social entrepreneurs for innovation is increasingly important. This paper reveals that these actors significantly contribute to the development of collaborative governance aimed at improving social innovation related to public service through their role as initiator, boundary spanner or network leader. However, the public sector actors involved in the governance also have a significant role to play in enabling these innovations to emerge. This paper analyzes the forms and processes of innovation taken by this multi-actors collaborative governance. It is based on the study of 25 case studies associated with five countries of the European Union. |
Date: | 2021–01–21 |
URL: | http://d.repec.org/n?u=RePEc:hal:journl:halshs-03333560&r= |