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on Project, Program and Portfolio Management |
| By: | Griffith, Rhianydd; Nicholls, Mark |
| Abstract: | This report explores the barriers and opportunities associated with scaling up net zero investment at the local authority level in the UK. By examining the experiences of two contrasting but ambitious councils, Westminster City Council and Cumberland Council, it aims to identify context-specific opportunities for local net zero projects and how to advance investment readiness, and assesses the enabling policy environment at the two councils. In so doing, it provides insights for those and other local authorities seeking to accelerate their transition to net zero. The project draws on workshops held with investors and council stakeholders, plus analysis from Energy Systems Catapult and the University of Edinburgh. |
| JEL: | F3 G3 |
| Date: | 2024–09–19 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:129011 |
| By: | Bluhm, Richard; Dreher, Axel; Fuchs, Andreas; Parks, Bradley C.; Strange, Austin M.; Tierney, Michael J. |
| Abstract: | This paper studies the causal effect of transport infrastructure on the spatial distribution of economic activity within subnational regions across a large number of developing countries. To do so, we introduce a new global dataset of geolocated Chinese grant- and loan-financed development projects from 2000 to 2014 and combine it with measures of spatial concentration based on remotely sensed data. We find that Chinese financed transportation projects decentralize economic activity within regions, as measured by a spatial Gini coefficient, by 2.2 percentage points. The treatment effects are particularly strong in regions that are less developed, more urbanized, and located closer to cities. |
| Keywords: | Development finance, Transport costs, Infrastructure, Foreign aid, Spatial concentration, China |
| JEL: | F35 R11 R12 P33 O18 O19 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:ifwkie:323671 |
| By: | Asmus-Bluhm, Gerda; Eichenauer, Vera Z.; Fuchs, Andreas; Parks, Bradley |
| Abstract: | China and India increasingly provide aid and credit to developing countries. This article explores whether India uses these financial instruments to compete for geopolitical and commercial influence with China. We build a new geocoded dataset of Indian government-financed projects in the Global South between 2007 and 2014 and combine it with data on Chinese government-financed projects. Our regression results for 2, 333 provinces within 123 countries demonstrate that India’s Exim Bank is significantly more likely to locate a project in a given jurisdiction if China provided government financing there in the previous year. Since this effect is more pronounced in countries where India is more popular relative to China and where both lenders have a similar export structure, we interpret this as evidence of India competing with China. By contrast, we do not find evidence that China uses official aid or credit to compete with India through co-located projects. |
| Keywords: | development finance, foreign aid, official development assistance, official credits, South-South cooperation, China, India, geostrategic competition, geospatial analysis |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:ifwkie:323600 |
| By: | Frederic-Alexander Starmann Author-1-Name-First: Frederic-Alexander Author-1-Name-Last: Starmann (Paderborn University) |
| Abstract: | Corporate entrepreneurial projects frequently fail, yet little is known about how corporate entrepreneurs experience reintegration into traditional organizational roles following project termination. This conceptual paper addresses this gap by developing a framework that theoretically links participation in corporate entrepreneurial projects to turnover intentions after termination. Drawing on literature from corporate entrepreneurship, identity theory, and employee turnover, I propose two simultaneous processes that decrease person-job fit over time: the development of entrepreneurial identity aspirations and corporate job role diminishment. As corporate entrepreneurs engage in entrepreneurial activities, they develop aspirations for an entrepreneurial future self that conflicts with traditional corporate roles. Simultaneously, supervisors transfer meaningful responsibilities to other employees in preparation for potential project success, diminishing the corporate entrepreneur’s conventional role. The framework identifies four distinct turnover trajectories based on the extent of entrepreneurial identity aspirations and job role diminishment. This research reveals potential unintended consequences of corporate entrepreneurship programs and highlights the need for organizations to actively manage reintegration processes to retain entrepreneurial talent. |
| Keywords: | corporate entrepreneurship, entrepreneurial identity aspirations, project termination, person-job fit, turnover intentions (keywords) |
| JEL: | L26 O31 |
| Date: | 2025–07 |
| URL: | https://d.repec.org/n?u=RePEc:pdn:dispap:153 |
| By: | Apoorva Bademi; Miriam Stevens; Isha Sura; Shweta Singh |
| Abstract: | There is a projected increase in offshore wind energy generation in the United States over the next three decades, driven by legislative commitments and government funding. Like other renewable technologies, the construction of offshore wind farms has environmental impacts and spillover effects that must be assessed. Developing offshore wind as a reliable domestic energy source requires a multiregional analysis of economic and environmental effects of constructing projects along lakefronts and coastal regions. Although no commercial offshore wind farms currently operate in the United States, seven states have announced capacity commitments exceeding 28 gigawatts by 2035. This study evaluates the spatial economic and environmental impacts of planned projects by linking the National Renewable Energy Laboratory Offshore Renewables Balance-of-system Installation Tool (ORBIT) with a multiregional input-output model of the U.S. economy developed in the Virtual Industrial Ecology Lab. ORBIT provides capital investment requirements for installation, which are combined with the model to estimate economic spillover effects. Environmental impacts are assessed using a newly developed multiregional greenhouse gas emissions dataset for the U.S. to capture supply chain emissions of offshore wind construction. The five projects analyzed require 16.3 billion dollars in capital investment and generate 27.6 billion dollars in direct and indirect economic impacts across the country. Emissions results show that states active in energy generation are most affected, but impacts can be reduced by decarbonizing the grid. A carbon payback analysis indicates the projects offset construction-phase emissions in less than a year. The framework highlights which states experience the greatest spillover effects in terms of emissions and economic activity required to support offshore wind expansion. |
| Date: | 2025–08 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2508.15012 |
| By: | De Sanctis, Alessandro; Kapp, Daniel; Vinci, Francesca; Wojciechowski, Robert |
| Abstract: | This study evaluates the effectiveness of EU Cohesion Policy as an investment programme, employing a novel dataset that links firm-level data from Orbis with project-level information from the Kohesio database. It focuses on two key questions: (1) Which firms receive EU funding? (2) How does receiving EU funding affect firm performance? By applying a logit model and a local projection difference-in-differences approach, we provide new insights into the allocation mechanisms of EU Cohesion Policy funds and their firm-level impact. Our findings show that funding tends to be allocated to firms that already perform relatively well, and that firms receiving EU funding experience a persistent productivity increase of approximately 3% after 4 years, with smaller and more financially constrained firms experiencing relatively greater improvements. Moreover, funding targeting “SME investment” tends to enhance firm performance disproportionately more than other categories, whereas projects directed the “green transition” appear comparatively less beneficial. JEL Classification: E22, D24, H54, O38, O52 |
| Keywords: | corporate investment, European Structural and Investment Funds, fiscal policy, place-based policy, productivity |
| Date: | 2025–08 |
| URL: | https://d.repec.org/n?u=RePEc:ecb:ecbwps:20253099 |
| By: | Yiming Shen; Jiashuo Zhang; Zhenzhe Shao; Wenxuan Luo; Yanlin Wang; Ting Chen; Zibin Zheng; Jiachi Chen |
| Abstract: | The convergence of Web3 technologies and AI agents represents a rapidly evolving frontier poised to reshape decentralized ecosystems. This paper presents the first and most comprehensive analysis of the intersection between Web3 and AI agents, examining five critical dimensions: landscape, economics, governance, security, and trust mechanisms. Through an analysis of 133 existing projects, we first develop a taxonomy and systematically map the current market landscape (RQ1), identifying distinct patterns in project distribution and capitalization. Building upon these findings, we further investigate four key integrations: (1) the role of AI agents in participating in and optimizing decentralized finance (RQ2); (2) their contribution to enhancing Web3 governance mechanisms (RQ3); (3) their capacity to strengthen Web3 security via intelligent vulnerability detection and automated smart contract auditing (RQ4); and (4) the establishment of robust reliability frameworks for AI agent operations leveraging Web3's inherent trust infrastructure (RQ5). By synthesizing these dimensions, we identify key integration patterns, highlight foundational challenges related to scalability, security, and ethics, and outline critical considerations for future research toward building robust, intelligent, and trustworthy decentralized systems with effective AI agent interactions. |
| Date: | 2025–08 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2508.02773 |
| By: | Briole, Simon; Gurgand, Marc; Maurin, Eric; McNally, Sandra; Ruiz-Valenzuela, Jenifer; Santín, Daniel |
| Abstract: | This paper shows that schools can foster the transmission of civic virtues by helping students to develop concrete, democratically chosen, collective projects. We draw on a RCT implemented in 200 middle schools in three countries. The program leads students to conduct citizenship projects in their communities under the supervision of teachers trained in the intervention. The intervention caused a decline in absenteeism and disciplinary sanctions at school, alongside improved academic achievement. It also led students to diversify their friendship network. The program has stronger effects when implemented by teachers who are initially more involved in the life of the school. |
| Keywords: | citizenship; education; teaching practices; project-based learning; RCT; youth |
| JEL: | I20 J24 |
| Date: | 2025–08–31 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:124054 |
| By: | Virginie Hamm (BRGM - Bureau de Recherches Géologiques et Minières); Fenintsoa Andriamasinoro (BRGM - Bureau de Recherches Géologiques et Minières); Moustapha Mounmemi (LEO - Laboratoire d'Économie d'Orleans [2022-...] - UO - Université d'Orléans - UT - Université de Tours - UCA - Université Clermont Auvergne); Xavier Galiègue (LEO - Laboratoire d'Économie d'Orleans [2022-...] - UO - Université d'Orléans - UT - Université de Tours - UCA - Université Clermont Auvergne); Xavier Moch (AFPG - Association des professionnels de la géothermie); Frédérik Bugarel (CFG - Compagnie Française de Géothermie); Remi Beaulieu (AMORCE - AMORCE); Muriel Doucet (AgreenTech Valley - Le LAB’O); Thomas Schmit (AgreenTech Valley - Le LAB’O) |
| Abstract: | The Centre Val-de-Loire region sees deep geothermal energy as a virtuous energy solution for the region, but to date it has not been widely deployed. To encourage its use, the region has financed a research project of regional interest, called "AMIGO". The project is being co-ordinated by BRGM in partnership with LEO (Laboratoire d'Économie d'Orléans), AFPG (Association Française des Professionnels de la Géothermie), AMORCE (Association d'accompagnement des collectivités et des acteurs dans la transition énergétique) and AgreenTech Valley (national cluster dedicated to digital technologies for plant-based industries). Its aim is to draw up a set of arguments to help local authorities and private-sector players in the region to choose between the various possible sources of renewable energy for district heating networks, industrial processes or heating crops in greenhouses. To develop this argument, the phases of the project are: (1) to understand the position of the stakeholders with regard to deep geothermal energy, and (2) to gather the key information in the territorial context (socio-economic and environmental aspects of a deep geothermal energy project, information on the geothermal resource, demand for heat in the territory). This article presents the progress made in the process of constructing the argument, in particular the results of (1) the analysis of the positioning of stakeholders in the region and (2) the economic and environmental analysis of a deep geothermal energy project. |
| Abstract: | La géothermie profonde est vue par la région Centre Val-de-Loire comme une solution énergétique vertueuse pour le territoire, cependant, à ce jour, elle y reste peu déployée. Aussi, pour favoriser sa mise en œuvre, la région a financé un projet de recherche d'intérêt régional, appelé « AMIGO ». Ce projet est coordonné par le BRGM en partenariat avec le LEO (Laboratoire d'Économie d'Orléans), l'AFPG (Association Française des Professionnels de la Géothermie), l'AMORCE (Association d'accompagnement des collectivités et des acteurs dans la transition énergétique) et AgreenTech Valley (Cluster national dédié aux technologies numériques pour les filières végétales). Il a pour objectif d'établir un argumentaire pour aider les collectivités locales et les acteurs privés de la région à choisir entre les différentes sources d'énergie renouvelable possibles pour les réseaux de chauffage urbain, les processus industriels ou le chauffage des cultures sous serres. Pour développer cet argumentaire, les phases du projet sont : (1) comprendre le positionnement des acteurs vis-à-vis de la géothermie profonde, et (2) rassembler les informations clés dans le contexte territorial (aspects socio-économiques et environnementaux d'un projet de géothermie profonde, informations sur la ressource géothermale, demande de chaleur sur le territoire). Cet article présente les avancées dans le processus de construction de l'argumentaire, en particulier les résultats (1) de l'analyse du positionnement des acteurs de la région et (2) de l'analyse économique et environnementale d'un projet de géothermie profonde. |
| Keywords: | leviers, argumentaire, atouts, serristes, industriels, énergies renouvelables, collectivités, Région Centre-Val de Loire, freins, géothermie profond |
| Date: | 2025–06–18 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05044110 |
| By: | Baatz, Christian; Tank, Lukas; Bednarz, Lena-Katharina; Böttcher, Miranda; Morganti, Teresa Maria; Voget-Kleschin, Lieske; Cabus, Tony; Doorn, Erik van; Dorndorf, Tabea; Havermann, Felix; Holzhüter, Wanda; Keller, David; Kreuzburg, Matthias; Matz-Lück, Nele; Mengis, Nadine; Merk, Christine; Moustakis, Yiannis; Pongratz, Julia; Wehnert, Hendrikje; Yao, Wanxuan; Rehder, Gregor |
| Abstract: | Marine carbon dioxide removal (mCDR) options could potentially play an important role in future CDR policy portfolios. They include, for example, ocean alkalinity enhancement, blue carbon projects such as mangrove cultivation, as well as sub-seabed storage of captured atmospheric CO 2 . In this paper we present a novel assessment framework designed for mCDR options. The framework provides important conceptual advancements to existing frameworks currently used to assess climate options: It clearly distinguishes between and allows for the assessment of both the feasibility and desirability of mCDR options, it makes explicit the evaluative standards upon which the assessment is based and it separates the descriptive listing of information from the evaluation of said information. The assessment framework aims to advance the debate on what role mCDR can and should play in responding to the climate crisis by providing a tool for both policymakers and stakeholders to assess mCDR options in a transparent and comprehensive way. |
| Keywords: | assessment framework, marine carbon dioxide removal, feasibility, desirability, climate change, assessment criteria, mitigation |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:ifwkie:323601 |
| By: | Mountacer Bourjila (UIT - Université Ibn Tofaïl); Ayoub El Bahi (UIT - Université Ibn Tofaïl); Fahima Charef |
| Abstract: | In an increasingly unstable economic environment—marked by successive health, geopolitical, and energy crises—small and medium-sized enterprises (SMEs) are facing a growing imperative for organizational resilience. Constrained by structural limitations—limited resources, dependency on key actors, and low procedural formalization—SMEs must nonetheless demonstrate agility, operational continuity, and the ability to adapt rapidly. This article explores the role of Enterprise Resource Planning (ERP) systems in this context: can they evolve from being perceived as a technological constraint to becoming a strategic lever for resilience? Drawing on a multidisciplinary literature review—at the crossroads of information systems, organizational management, and resilience theory—this work first examines the historical and cultural barriers to ERP adoption in SMEs, such as high initial costs, perceived rigidity, and resistance to change. It then highlights how, under certain conditions, ERP systems can be transformed into infrastructures for organizational learning, provided they are contextually adapted, flexibly configured, and integrated into a reimagined governance framework. By structuring information, automating key processes, and offering real-time cross-functional visibility, ERP systems support rapid decision-making and enable the agile reconfiguration of operations. They thus become a technological foundation for dynamic resilience. The article also sheds light on the inherent tension between technological standardization and the operational flexibility that SMEs require. Its main contribution lies in reframing the role of ERP systems—not as imposed or static tools, but as catalysts for agility, robustness, and collective intelligence in environments shaped by uncertainty. |
| Abstract: | Dans un contexte économique instable, marqué par l'enchaînement de crises sanitaires, géopolitiques et énergétiques, les PME se trouvent confrontées à un impératif de résilience organisationnelle. Soumises à des contraintes structurelles fortes - ressources limitées, dépendance aux acteurs clés, faible formalisme - elles doivent néanmoins faire preuve d'agilité, de continuité opérationnelle et de capacité d'adaptation rapide. Cet article propose d'interroger la place des ERP (Enterprise Resource Planning) dans cette dynamique : peuvent-ils passer du statut de contrainte technologique à celui de levier stratégique de résilience ? Fondé sur une revue de littérature pluridisciplinaire, croisant les apports des systèmes d'information, du management des organisations et de la théorie de la résilience, ce travail examine dans un premier temps les freins historiques et culturels à l'appropriation des ERP dans les PME : coûts initiaux élevés, rigidité perçue, résistance au changement. Il met en évidence que ces systèmes, lorsqu'ils sont contextualisés, paramétrés avec souplesse, et intégrés à une gouvernance renouvelée, peuvent devenir des infrastructures d'apprentissage organisationnel. En structurant l'information, en automatisant les processus clés, et en offrant une visibilité transverse en temps réel, l'ERP soutient la prise de décision rapide et favorise une reconfiguration agile des opérations. Il devient ainsi un socle technologique de résilience dynamique. L'article souligne les tensions inhérentes entre la logique de standardisation technique et le besoin de flexibilité opérationnelle propre aux PME. La contribution principale consiste à requalifier l'ERP : non plus perçu comme un système imposé ou figé, mais comme un catalyseur d'agilité, de robustesse et d'intelligence collective dans des environnements marqués par l'incertitude. |
| Keywords: | organizational resilience, strategic adaptation, information systems, digital transformation, governance, adaptation stratégique, systèmes d'information, transformation numérique, gouvernance, résilience organisationnelle, PME, ERP |
| Date: | 2025–07–27 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05203147 |
| By: | Sarah Fritz; Catherine van der List |
| Abstract: | We study the effects of place-based policies on aggregate productivity using administrative data on projects co-financed by the EU in Italy linked to balance sheet data. We exploit quasi-experimental variation in funding for a large place-based policy stemming from measurement error in regional GDP estimates. Results show that the policy likely decreases productivity. Decompositions reveal that aggregate declines are driven by reallocation of labor to low-productivity firms. Mechanism analysis using firm-level event studies reveals that negative reallocation effects are caused by high-productivity firms taking up the funds and subsequently becoming more liquidity constrained, leading to slowdowns in employment growth. |
| Keywords: | place-based policy, productivity, EU cohesion policy |
| JEL: | R11 R58 J23 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_12031 |
| By: | Aline Belloni (Ardans SAS - Ardans SAS); Patrick Prieur (Ardans SAS - Ardans SAS) |
| Abstract: | Business process modeling is used by most organizations as an essential framework for ensuring efficiency and effectiveness of the work and workflow performed by its employees and for ensuring the alignment of such work with its strategic goals. For organizations that are compliant or near-compliant with ISO 9001, this approach involves the detailed mapping of processes, sub-processes, activities, and tasks. ISO30401 is a Management System Standard, introduced in 2018, establishing universal requirements for the set up of a Knowledge Management System in an organization. As "ISO30401 implementers" we regularly face the challenge of explaining our clients how the knowledge development, transformation and conveyances activities depicted in ISO30401 do integrate with existing operational processes. This article recaps process modelling principles in the context of ISO9001 and explores, based on our experience, how an ISO30401-compliant Knowledge Management System (KMS) entwines with all other processes of an Integrated Management System and in particular how it can be implemented by deploying the mechanisms of the SECI model through the steps of PDCA cycles. |
| Abstract: | Avec l'évolution des approches processus au sein des organisations, l'importance croissante des systèmes de management de la qualité (comme l'ISO 9001) et l'introduction récente de l'ISO 30401 pour le management de la connaissance, nous examinons comment ces différents éléments convergent dans la perspective d'un Système de Management Intégré. L'article démontre notamment comment un système de management des connaissances ISO 30401 peut être mis en œuvre en déployant les mécanismes du modèle SECI au travers des étapes du cycle PDCA tel qu'appliqué dans les processus du système de management intégré. |
| Keywords: | Knowledge Management System (KMS), Integrated Management System (IMS), Système de Management des connaissances (SKM), ISO 30401, SECI, PDCA, modélisation des processus (BPM), Approche systémique, Knowledge Management System ISO 30401 SECI PDCA Business process modelling Integrated Management System (IMS), Knowledge Management System, Business process modelling |
| Date: | 2025–06–11 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05170264 |