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on Project, Program and Portfolio Management |
By: | van Beek, Andries (Tilburg University, School of Economics and Management) |
Date: | 2023 |
URL: | http://d.repec.org/n?u=RePEc:tiu:tiutis:3739c498-5edb-442f-87d8-c05306f89d85&r=ppm |
By: | Keogh, Colin; O'Sullivan, Pat; Albanis, Vassilios; Frizzell, Ronan; Durkin, Patrick; Roupas, Christos; Rainbird, Jenny |
Abstract: | In the realm of EU-funded research projects, patenting innovations has historically presented multifaceted challenges, from alignment with strategic priorities to ensuring commercial viability. This paper introduces the IPF Method, a holistic approach developed over years of experience by the Inlecom team, having filed 50+ patents across both commercial and EU-funded research undertakings. The method uniquely emphasises a three-pronged assessment: technological novelty, market relevance, and strategic alignment with the European Commission's objectives. Through a comprehensive exploration, this paper highlights how the IPF approach can transform the trajectory of EU research innovations, ensuring they transcend academic archives to realise tangible market impact. While its transformative potential is evident, the method's challenges, such as evolving EC priorities and subjectivity in project review evaluations, are also dissected. Recommendations for refining and scaling the approach are proffered, emphasising feedback mechanisms, stakeholder training, and continuous refinement. The paper concludes with the assertion that the IPF Method, with its integration of commercial foresight and strategic alignment, can serve as a beacon for future EU research patenting endeavours. |
Date: | 2023–08–31 |
URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:dj267&r=ppm |
By: | Heilmann, Felix; Steitz, Janek; Müller, Simon; Sigl-Glöckner, Philippa |
Abstract: | Europe, and Germany in particular, have quickly ramped up liquefied natural gas (LNG) imports to partially offset the loss of Russian pipeline gas deliveries. While many observers rightly applaud this historical achievement, there are also concerns that LNG decisions taken in the face of the crisis can lead to new, risky path dependencies incompatible with climate safeguards. This paper seeks to build bridges and inform more nuanced deliberations. It does so by exploring in detail relevant aspects along the LNG supply chain, guided by the principal assumption that both climate goals and energy security must be achieved. It has been informed by extensive stakeholder engagement, including a workshop bringing together different experts. We find that the development of new LNG export terminals that have not yet reached a final investment decision poses the biggest risk of violating climate targets. In contrast, European import terminals can act as back-up capacities for crisis times. For this, their use needs to be restricted during non-crisis periods. In terms of LNG market balancing, large new export projects currently under development are already set to enter operation before 2027, significantly easing currently tight markets. Additional export capacity beyond this cannot contribute to easing the current supply crunch at scale given long development times and risks ending up as stranded assets. Europe should therefore refrain from supporting new upstream projects, including through longterm contracts that enable such projects, and instead focus contracting efforts on the growing amount of uncontracted volumes from expiring legacy contracts, portfolio players, and from export projects that have already reached final investment decisions. Short- and medium-term contracts could decrease uncertainties resulting from excessive spot market exposure while limiting climate risks. There may be a role for governments to enable such contracts. Lastly, there are two no-regret strategies. In the short term, tackling methane emissions can deliver significant climate and energy security benefits. In the long term, only phasing out natural gas by transitioning to efficient renewable energy systems ultimately reconciles energy and climate security. |
Date: | 2023 |
URL: | http://d.repec.org/n?u=RePEc:zbw:dzimps:277914&r=ppm |
By: | Nienow, Sara (RTI International); Leonchuk, Olena (RTI International); O'Connor, Alan (RTI International); Link, Albert (University of North Carolina at Greensboro, Department of Economics) |
Abstract: | The National Heart, Lung, and Blood Institute (NHLBI) is the fourth largest institute in the U.S. National Institutes of Health (NIH). Surprisingly, there is a conspicuous void of policy studies related to the research activities of NHLBI in comparison to NIH or to the National Cancer Institute. This paper investigates the likelihood that a business funded through NHLBI’s Small Business Innovation Research (SBIR) program will commercialize from its Phase IIB translational support. Commercialization is one performance metric that quantifies a policy dimension of the success of the funded SBIR project. Based on an empirical analysis of 61 Phase IIB projects, we find that the most significant covariate with the likelihood of commercialization is the growth in human capital within the business since the Phase IIB award. |
Keywords: | NHLBI; Phase IIB projects; SBIR program; technology commercialization; |
JEL: | H11 H51 O38 |
Date: | 2023–10–06 |
URL: | http://d.repec.org/n?u=RePEc:ris:uncgec:2023_007&r=ppm |
By: | Arenal, Alberto; Armuña, Cristina; Ramos, Sergio; Feijoo, Claudio; Aguado-Terrón, Juan Miguel |
Abstract: | This paper study the challenges from the digital transformation of the music industry and the potential role of blockchain from the perspective of the Collective Management Organizations (CMO). Building on desk research and primary data from 9 semi-structured surveys with C level executives, this empirical analysis identifies main projects, their state of development and perspectives for this technology in music industry. Findings conclude that there are a limited number of blockchain projects led and/or with relevant participation of CMO and most of them are just research, proof of concept or pilots, far from a massive commercial phase. In addition, blockchain is not a priority for CMO and its adoption is not a priority in the digital transformation of this companies. The low quality of the data in the origin and the potential governance issues among different stakeholders within music industry appear as the main barriers for blockchain to be considered as a global solution. Ultimately, results in the paper provide a snapshot about the current state and future curve of adoption of blockchain as a solution to manage intellectual property rights in music industry. |
Keywords: | digital music ecosystem, digital transformation, blockchain, Collective Management Organization, CMO |
Date: | 2023 |
URL: | http://d.repec.org/n?u=RePEc:zbw:itse23:277943&r=ppm |
By: | Savunen, Tapio; Kekolahti, Pekka; Mähönen, Petri; Hämmäinen, Heikki; Kilkki, Kalevi |
Abstract: | Field of research - This research is in the field of public safety communications in mobile broadband 4G/5G networks. Its specific focus is mobile network operators and their business risks in the public safety market. Purpose - This research is intended to provide a qualitative model of MNOs' business risks in the public safety business. The risk assessment covers the business model used in European public safety mobile broadband projects, which is used in three of five ongoing projects. Methods and data - A qualitative method was used for the current research. The risk model is an influence diagram, which is a directed graph consisting of nodes and arcs. The risk model uses the causal taxonomy of risk, which is commonly used for qualitative and quantitative causal models based on Bayesian networks. An expert panel and the Delphi method were used to create the risk model. The expert panel's risk assessment was conducted using a case study that followed the model of European public safety projects. Findings - The risk model shows that business risks are a threat to the financial goals of MNOs' public safety business. The potential consequences of the risks are additional costs, contractual penalties, and lost service revenue. They can also have a negative impact on the MNO''s regular business, which in the worst case can lead to a loss of market share and revenue. All of these have a negative impact on the MNOs' financial results. Value - This research brings new knowledge about MNOs' business risks in next-generation public safety services. Procurement authorities can use the results when planning public procurements in the field of mobile broadband public safety services. MNOs can benefit from these results by gaining a better understanding of potential risks, their consequences, and their control and mitigation in public safety projects. |
Keywords: | mobile network operator, public safety, business risk, risk model, mobile broadband |
Date: | 2023 |
URL: | http://d.repec.org/n?u=RePEc:zbw:itse23:278017&r=ppm |
By: | OECD |
Abstract: | This document reports on the final output of the OECD microBeRD+ project. Drawing on the outcomes of previous work, this study presents new evidence on the impact of business R&D support policies – tax incentives and direct forms of support – on business R&D investment (R&D input additionality) and the innovation and economic performance of firms (R&D output additionality). The report also provides an exploratory analysis of R&D spillovers. |
JEL: | H25 O38 L25 |
Date: | 2023–10–09 |
URL: | http://d.repec.org/n?u=RePEc:oec:stiaac:159-en&r=ppm |
By: | Estache, Antonio; Foucart, Renaud; Serebrisky, Tomás |
Abstract: | We study the potential benefits of adding a lottery component to cut the main risks associated with standard negotiated and rule-based auction procurement procedures. We show that adopting a two stage approach in which bureaucrats first negotiate with a small number of bidders to assess their eligibility and, next, rely on a lottery to award the contract reduces corruption risks often observed in negotiated procedures. For rule-based procedures, we show that a “third-price lottery” in which the two highest bidders are selected with equal probability and the project is contracted at a price corresponding to the third highest bid can reduce limited liability, renegotiation, bid rigging and collusion risks. |
Keywords: | rules;discretion;lotteries |
JEL: | D44 D73 H57 |
Date: | 2022–10 |
URL: | http://d.repec.org/n?u=RePEc:idb:brikps:12484&r=ppm |
By: | Fernando Alexandre (NIPE/Center for Research in Economics and Management, University of Minho, Portugal); Diogo Ferreira (NIPE/Center for Research in Economics and Management, University of Minho, Portugal); Sandro Mendonça (Business Research Unit (BRU-IUL), University Institute of Lisbon; Research Unit on Complexity and Economics (UECE), Research in Economics and Mathematics (REM), Lisbon School of Economics & Management (ISEG), University of Lisbon; Science Policy Research Unit (SPRU), University of Sussex.); Miguel Portela (NIPE/Center for Research in Economics and Management, University of Minho, Portugal; IZA, Bonn) |
Abstract: | This paper evaluates the effectiveness of R&D subsidies, provided by the European Regional Development Funds, on firms’ productivity. Using detailed longitudinal firm-level data covering the period 2007-2019, we employ state of the art differences-in-differences estimators to evaluate the impacts of R&D grants. Positive causal effects on gross value added and labour productivity are discernible for micro- and small-sized firms participating in co-promotion but not in individual projects. However, these effects seem to be elusive. No evidence of a positive effect of these grants on firm performance for medium- and large-sized firms or for individual R&D projects is found. This investigation contributes to a more comprehensive understanding of the relative effectiveness of productivity enhancement programs. |
Keywords: | R&D grants; productivity; European funds; co-promotion |
JEL: | D22 H25 L25 L52 |
Date: | 2023 |
URL: | http://d.repec.org/n?u=RePEc:nip:nipewp:08/2023&r=ppm |
By: | Orbeta, Aniceto Jr. C.; Briones, Roehlano M.; Ballesteros, Marife M.; Galang, Ivory Myka R.; Espineli, Isabel B. |
Abstract: | The Department of Agrarian Reform (DAR), in partnership with the International Fund for Agricultural Development, implemented the project Convergence on Value Chain Enhancement for Rural Growth and Empowerment (ConVERGE) with the goal of empowering Agrarian Reform Beneficiaries (ARBs) to drive rural economic growth across 10 provinces spanning 3 regions. DAR engaged the Philippine Institute for Development Studies to undertake baseline and endline studies, serving as a crucial assessment tool for the project's performance and providing insights to inform the comprehensive ARC Cluster Development (ARCCD) Strategy aimed at advancing smallholder agriculture in the Philippines. This endline report provides the analysis of the baseline and endline datasets. It discusses the following key points: (i) results of the impact evaluation study, (ii) result of final process evaluation, and (iii) recommendations for the ARCCD Strategy. ​ The quantitative analysis part of the study indicates a significant 41-percent average treatment effect from the project, validating its theory of change in boosting income for ARC cluster households through value chain interventions. The process evaluation generally confirms the assumptions and impact pathways, with some deviations and shortfalls. Although the beneficiaries express satisfaction with the project, they have limited understanding of its rationale. The clustering method, which links small farmers to value chains by forming ARBs into lead and participating ARB organizations (ARBOs), appears to enhance government support efficiency for organized groups. The paper underscores the importance of additional capacity building for both lead and participating ARBOs, and it recommends a more active engagement of other government agencies to address value-adding technologies, food processing standards, credit accessibility, and market facilitation. Comments to this paper are welcome within 60 days from the date of posting. Email publications@pids.gov.ph. |
Keywords: | agrarian reform beneficiary organizations;ARBOs;ARBs;DAR;IFAD;ConVERGE;value chains;treament effects;endline;baseline;Agrarian Reform Communities Cluster Development;ARC;ARCCD;Mindanao;clustering;cluster;impact evaluation;difference-in-difference;regression;process evaluation |
Date: | 2023 |
URL: | http://d.repec.org/n?u=RePEc:phd:dpaper:dp_2023-13&r=ppm |