nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2023‒05‒01
five papers chosen by
Arvi Kuura
Tartu Ülikool

  1. A Test of Hirschman’s Hiding Hand Principle in World Bank-Financed Hydropower Projects By Godwin Olasehinde-Williams; Glenn P. Jenkins
  2. Creating and Sharing Interorganizational Knowledge Through a Supply Chain 4.0 Project By Fabienne Garcia; Bernard Grabot; Gilles Paché
  3. How creative versus technical constraints affect individual learning in an online innovation community By Victor P. Seidel; Christoph Riedl
  4. Closing the gap between research and projects in climate change innovation in Europe By Larosa, Francesca; Mysiak, Jaroslav; Molinari, Marco; Varelas, Panagiotis; Akay, Haluk; McDowall, Will; Spadaru, Catalina; Fuso-Nerini, Francesco; Vinuesa, Ricardo
  5. La blockchain à Barcelone on sait « commun » faire ! By Maxime Malafosse; Amandine Pascal

  1. By: Godwin Olasehinde-Williams (Department of Economics, Istanbul Ticaret University, Turkey); Glenn P. Jenkins (Department of Economics, Queens University, Kingston, Ontario, Canada and Cambridge Resources International Inc.)
    Abstract: This study is an attempt to determine whether the need to get hydropower project appraisals perfectly right during the pre-construction phase so as to prevent significant overruns along with benefit shortfalls should supersede the need to deliver projects at the earliest possible time so as to meet the needs of the people. To achieve the study objective, we test whether the Hiding Hand principle is predominantly benevolent or malevolent. We argue that if the Hiding Hand is benevolent, then project stakeholders are better off focusing on quick delivery of power projects, but if it is malevolent, then more attention should be given to perfecting project appraisals. It transpires from the statistical analysis that the Benevolent Hiding Hand dominates the Malevolent Hiding Hand in the selected World Bank-financed hydropower projects (33% v. 21%) and that ultimately 75% of projects were even more successful than anticipated—while 25% of projects failed. Our findings further showed that while a total loss of 2.335 billion USD in the sampled dams was caused by the Malevolent Hiding Hand, 11.259 billion USD was gained as a result of the Benevolent Hiding Hand. The predominance of the Benevolent Hiding Hand justifies placing some weight on proceeding with hydropower projects that shows significant promise even if all the implantation risks are not fully quantified at the appraisal stage, especially in developing countries.
    Keywords: Albert O. Hirschman, Hiding Hand principle, Ignorance, Hydropower, World Bank
    JEL: D61 D91 O13
    Date: 2023–04–10
  2. By: Fabienne Garcia (VALLOREM - Val de Loire Recherche en Management - UO - Université d'Orléans - UT - Université de Tours); Bernard Grabot (LGP - Laboratoire Génie de Production - ENIT - Ecole Nationale d'Ingénieurs de Tarbes - Toulouse INP - Institut National Polytechnique (Toulouse) - UT - Université de Toulouse); Gilles Paché (CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon)
    Abstract: Digitalization in the supply chain involves important transformations in the relationships between supply chain partners. Studies investigating these transformations underline the need to create and share new knowledge processes in order to achieve successful digital projects that improve integration and collaboration in the supply chain. This article proposes to make a parallel between the stages of the SECI model concerning knowledge conversion and the different phases of a Supply Chain 4.0 project. By using a longitudinal case study, the authors fill the gap on the dynamics of knowledge transformation in supply chain digital projects. Based on a supplier portal project, the case study presented helps to understand how to ensure that the different partners will get fully involved in the digital project. It provides five managerial recommendations for companies that wish to commit to supplier development and knowledge sharing through digital projects.
    Keywords: Case Study, Digitalization, Information Technology, Interorganizational Knowledge Sharing, Knowledge Management, SECI Model, Supplier Portal Project, Supply Chain 4.0
    Date: 2023–02
  3. By: Victor P. Seidel; Christoph Riedl
    Abstract: Online innovation communities allow for a search for novel solutions within a design space bounded by constraints. Past research has focused on the effect of creative constraints on individual projects, but less is known about how constraints affect learning from repeated design submissions and the effect of the technical constraints that are integral to online platforms. How do creative versus technical constraints affect individual learning in exploring a design space in online communities? We analyzed ten years of data from an online innovation community that crowdsourced 136, 989 design submissions from 33, 813 individuals. We leveraged data from two types of design contests-creatively constrained and unconstrained-running in parallel on the platform, and we evaluated a natural experiment where a platform change reduced technical constraints. We find that creative constraints lead to high rates of learning only if technical constraints are sufficiently relaxed. Our findings have implications for the management of creative design work and the downstream effects of the technical constraints of the information systems that support online innovation communities.
    Date: 2023–03
  4. By: Larosa, Francesca; Mysiak, Jaroslav; Molinari, Marco; Varelas, Panagiotis; Akay, Haluk; McDowall, Will; Spadaru, Catalina; Fuso-Nerini, Francesco; Vinuesa, Ricardo
    Abstract: Innovation is a key component to equip our society with tools to adapt to new climatic conditions. The development of research-action interfaces shifts useful ideas into operationalized knowledge allowing innovation to flourish. In this paper we quantify the existing gap between climate research and innovation action in Europe using a novel framework that combines artificial intelligence (AI) methods and network science. We compute the distance between key topics of research interest from peer review publications and core issues tackled by innovation projects funded by the most recent European framework programmes. Our findings reveal significant differences exist between and within the two layers. Economic incentives, agricultural and industrial processes are differently connected to adaptation and mitigation priorities. We also find a loose research-action connection in bioproducts, biotechnologies and risk assessment practices, where applications are still too few compared to the research insights. Our analysis supports policy-makers to measure and track how research funding result in innovation action, and to adjust decisions if stated priorities are not achieved.
    Keywords: climate innovation; natural language processing; knwoledge production
    JEL: H54 O32 O33 O38
    Date: 2023
  5. By: Maxime Malafosse (LEST - Laboratoire d'Economie et de Sociologie du Travail - AMU - Aix Marseille Université - CNRS - Centre National de la Recherche Scientifique, CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon); Amandine Pascal (LEST - Laboratoire d'Economie et de Sociologie du Travail - AMU - Aix Marseille Université - CNRS - Centre National de la Recherche Scientifique)
    Abstract: The 15M citizens' movement in Barcelona has brought a political shift in the city. Now, the municipality intends to include the citizens in the democratic process and to engage an economic policy based on the commons. This case study presents the city's digital strategy that seeks to give back digital sovereignty to Barcelona's citizens. More specifically, it presents the European DECODE project launched to deploy data commons. This project has developed and experimented blockchain technologies with local citizens to let them control the sharing of their personal data. This case, therefore, aims at better understand how decentralized digital tools, based on blockchain technology, can foster the management of the data commons at the city scale. To answer this question, three pilot projects tested in Barcelona are selected : Digital Democracy and Data Commons, Citizens Internet of Things Data Governance and BarcelonaNow.
    Abstract: Le mouvement citoyen des indignés du 15M de Barcelone a entrainé un basculement politique dans la ville. Dorénavant, la volonté de la municipalité est d'inclure les citoyens dans le processus démocratique et d'engager une politique économique centrée sur les communs. Dans ce contexte, cette étude de cas présente la stratégie digitale de la ville qui vise à redonner de la souveraineté numérique aux Barcelonais. Plus spécifiquement, elle présente le projet européen DECODE lancé pour déployer des communs de la donnée. Ce projet a permis de développer et d'expérimenter des technologies blockchains avec les citoyens afin qu'ils contrôlent le partage de leurs données personnelles. Ce cas vise donc à mieux comprendre comment des outils numériques décentralisés, qui reposent sur la technologie blockchain, peuvent favoriser la gestion des communs de la donnée à l'échelle d'une ville. Pour y répondre, trois projets pilotes expérimentés à Barcelone sont retenus : Digital Democracy and Data Commons, Citizens Internet of Things Data Governance et BarcelonaNow.
    Keywords: European project DECODE, Commons, Data, Technology blockchain, ostrom, Barcelona, Smart city, Bien commun, Stratégie urbaine digitale, Technologie Blockchain, Politique urbaine, Projet européen DECODE, Mouvement citoyen, Données numériques, Barcelone
    Date: 2022–10–12

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