nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2022‒03‒28
six papers chosen by
Arvi Kuura
Tartu Ülikool

  1. The rigor-relevance gap in Project Management research: It's time to stop the lament and think and act reflexively By Jacques-Bernard Gauthier; Lavagnon Ika
  2. Barrier Factors Affecting Development of Intelligent Transport System Projects By Thanh Nguyen, Phong; Anh Nguyen, Thu; Huynh Tat Tran, Thang
  3. Proposal of a visual impact analysis approach based on enterprise modeling: case of customer experience projects in the banking sector By Mouaad Hafsi; Saïd Assar
  4. Collaboration in Bipartite Networks By Chih-Sheng Hsieh; Michael D König; Xiaodong Liu; Christian Zimmermann
  5. Prizes versus Contracts as Incentives for Innovation By Yeon-Koo Che; Elisabetta Iossa; Patrick Rey
  6. Deciphering the Greek Economic Diplomacy towards the Western Balkans: actors, processes, challenges By Ritsa Panagiotou; Nikolaos Tzifakis

  1. By: Jacques-Bernard Gauthier (UQO - Université du Québec en Outaouais); Lavagnon Ika (École de gestion Telfer / Université d'Ottawa - University of Ottawa [Ottawa])
    Abstract: Over the last decades, the "rigor-relevance gap" has garnered attention in Project Management (PM) research. In this paper, we argue that reflexivity can help produce more relevant and rigorous research and we invite scholars to stop sitting on the sidelines only to lament such a gap. In our clarion call to overcoming the gap, we challenge scholars to take an active and competent part. To that end, we outline typical reflexive questions along with four main pillars that scholars ought to take into account: 1) the status of the PM knowledge field; 2) the evolution of PM through historical periods of thoughts; 3) PM and social theory; and 4) ontological and epistemological assumptions. We also showcase the dialectical interplay not only between sociology and PM but also among these interdependent pillars. Finally, we conclude that such an interplay offers the best opportunity to overcome the rigor-relevance gap in PM.
    Keywords: Project Management Research,Epistemology,Ontology,Social Theory,Relevance,Rigor,Reflexivity
    Date: 2022–02–09
  2. By: Thanh Nguyen, Phong; Anh Nguyen, Thu; Huynh Tat Tran, Thang
    Abstract: This paper identifies potential barrier factors affecting effectiveness and development (ED) of ITS projects as well as criteria for measuring ED of ITS projects in Ho Chi Minh City, Vietnam. The study discovers the barrier constructs, and analyzes data using the Partial Least Squares Structural Equation Modeling method (PLS-SEM). The results provides a general and comprehensive overview of the main issues of ITS, and identifies 28 barrier factors with five main constructs affecting ED of ITS projects, namely the lack of undivided attention from the government (AG), financial constraints for ITS (FC), inadequate transport infrastructure (ITI), the over-development of urbanization (ODU), and the readiness and integration for ITS (RI). This paper fill the knowledge gap by discovering the causal relationships between barrier constructs and ED of ITS projects in Vietnam. Also it proposes several solutions for these issues, which are also a useful measurement tool for government agencies, planners, and traffic system designers to help them self-assess and make action plans now or in the near future.
    Keywords: Barrier Factors, PLS-SEM, Intelligent Transport Systems (ITS), Smart City, Vietnam
    JEL: O18 O22 R4 R48
    Date: 2021–11–27
  3. By: Mouaad Hafsi (HepTa Advisory Labs); Saïd Assar (TIM - Département Technologies, Information & Management - IMT - Institut Mines-Télécom [Paris] - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris], LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) - UEVE - Université d'Évry-Val-d'Essonne - Université Paris-Saclay - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris])
    Abstract: Customer experience is often presented as a competitive battlefield; however, it is defined so broadly, so holistically that companies find it challenging to implement and to analyze its impact on increasingly complex information systems. In this perspective, we present a support approach for digital transformation projects around the customer experience, using a visual impact analysis based on enterprise modeling. We illustrate the use of this model in a real banking environment.
    Keywords: Enterprise modeling,Enterprise Architecture,Customer experience,Digital transformation,Impact analysis
    Date: 2021–11–25
  4. By: Chih-Sheng Hsieh (Department of Economics, National Taiwan University); Michael D König (Centre for Economic Policy Research (CEPR), London); Xiaodong Liu (Department of Economics, University of Colorado Boulder); Christian Zimmermann (Department of Economic Research, Federal Reserve Bank of St. Louis)
    Abstract: This paper studies the impact of collaboration on research output. First, we build a micro-founded model for scientific knowledge production, where collaboration between researchers is represented by a bipartite network. The Nash equilibrium of the game incorporates both the complementarity effect between collaborating researchers and the substitutability effect between concurrent projects of the same researcher. Next, we propose a Bayesian MCMC procedure to estimate the structural parameters, taking into account the endogenous participation of researchers in projects. Finally, we illustrate the empirical relevance of the model by analyzing the coauthorship network of economists registered in the RePEc Author Service. The estimated complementarity and substitutability effects are both positive and significant when the endogenous matching between researchers and projects is controlled for, and are downward biased otherwise. To show the importance of correctly estimating the structural model in policy evaluation, we conduct a counterfactual analysis of research incentives. We find that the effectiveness of research incentives tends to be understated when the complementarity effect is ignored and overstated when the substitutability effect is ignored.
    Keywords: bipartite networks, coauthorship networks, research collaboration, spillovers, economics of science
    Date: 2022–02
  5. By: Yeon-Koo Che (Columbia University [New York]); Elisabetta Iossa (University of Rome TorVergata); Patrick Rey (TSE - Toulouse School of Economics - UT1 - Université Toulouse 1 Capitole - Université Fédérale Toulouse Midi-Pyrénées - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)
    Abstract: Procuring an innovation involves motivating a research effort to generate a new idea and then implementing that idea efficiently. If research efforts are unveriable and implementation costs are private information, a trade-off arises between the two objectives. The optimal mechanism resolves the trade-off via two instruments: a cash prize and a follow-on contract. It primarily uses the latter, by favoring the innovator at the implementation stage when the value of the innovation is above a certain threshold and handicapping the innovator when the value of the innovation is below that threshold. A cash prize is employed as a supplementary incentive only when the value of innovation is sufficiently high. These features are consistent with current practices in the procurement of innovation and the management of unsolicited proposals.
    Keywords: Contract rights,Innovation,Prizes,Procurement and R&D
    Date: 2021–01–23
  6. By: Ritsa Panagiotou; Nikolaos Tzifakis
    Abstract: From the mid-1990s and for over a decade Greece developed a very important and dynamic trade and investment relationship with most Western Balkan countries. The economic crisis in 2009 broke this momentum and led to massive declines in both trade and FDI. While trade transactions rebounded after 2016 and almost reached pre-crisis levels, the decline of Greek FDI has shown no signs of recovering, its most definitive sign being the departure of many Greek banks from the region. The objective of this project is to delve into the intricacies of Greek economic diplomacy, focusing on its conduct in the Western Balkan countries (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia) and exploring paths that could improve economic and business practices in the region. It does so by mapping out the multi-layered dimensions of Greek economic relations with the Western Balkans, highlighting problems and challenges that have emerged over the years, identifying key actors and stakeholders in the process, and making policy recommendations based on an evaluation of all the above.
    Keywords: Western Balkan countries, Greek Economic Diplomacy, Actors, Processes, Challenges
    Date: 2022–03

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