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on Project, Program and Portfolio Management |
| By: | Ferdinand Pot; Simon Stone; Martin Johnson |
| Abstract: | This Guidance provides practical recommendations on the design and use of the Single Project Pipeline as a tool for managing public investments. The Single Project Pipeline intends to ensure that investment projects are well prepared, fiscally sustainable, and aligned with national and sector priorities before they receive funding from public budgets. The Guidance presents a definition, essential pre-conditions and 11 principles that need to be honoured for its effective implementation. |
| Keywords: | Capital Budgeting, EU Candidate Countries, EU Enlargement, Government Investment, Infrastructure Development, Infrastructure Financing, Infrastructure Governance, Infrastructure Projects, Investment Planning, Investment Portfolio Management, Medium-Term Budget Framework, MTBF, OECD, PFM, PIM, PIMA, Project Appraisal, Project Cycle Management, Project Prioritisation, Public Administration Reform, Public Financial Management, Public Infrastructure Investment, Public Investment Management, Public Investment Management Assessment, Public Procurement, Public Sector Governance, SIGMA, Single Project Pipeline, SPP, Strategic Planning, WBIF, Western Balkans Investment Framework |
| Date: | 2026–07–22 |
| URL: | https://d.repec.org/n?u=RePEc:oec:govaac:80-en |
| By: | Marie-Noëlle Guilbaud (UNAM - Instituto de Geofisica [México] - UNAM - Universidad Nacional Autónoma de México = National Autonomous University of Mexico); Eleonore Mérour (CleRMa - Clermont Recherche Management - ESC Clermont-Ferrand - École Supérieure de Commerce (ESC) - Clermont-Ferrand - UCA - Université Clermont Auvergne); Benjamin van Wyk de Vries (LMV - Laboratoire Magmas et Volcans - IRD - Institut de Recherche pour le Développement - INSU - CNRS - Institut national des sciences de l'Univers - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne); María del Pilar Ortega-Larrocea (UNAM - Universidad Nacional Autónoma de México = National Autonomous University of Mexico); Silke Cram (UNAM - Universidad Nacional Autónoma de México = National Autonomous University of Mexico); Claire Shires (LRL - Laboratoire de Recherche sur le Langage - UCA - Université Clermont Auvergne); Oryaëlle Chevrel (OVPF - Observatoire Volcanologique du Piton de la Fournaise - IPG Paris - Institut de Physique du Globe de Paris, LMV - Laboratoire Magmas et Volcans - IRD - Institut de Recherche pour le Développement - INSU - CNRS - Institut national des sciences de l'Univers - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne); Maria Fernanda Martínez-Báez Téllez (UNAM - Universidad Nacional Autónoma de México = National Autonomous University of Mexico); Selene Eridani Zaragoza Alvarez (UNAM - Universidad Nacional Autónoma de México = National Autonomous University of Mexico); Catherine Morgan-Proux (CELIS - Centre de Recherches sur les Littératures et la Sociopoétique - UCA - Université Clermont Auvergne) |
| Abstract: | Globally, natural heritage is increasingly threatened by human activity. Despite the recent development of the geodiversity and geoheritage concepts and the success of associated programs such as UNESCO Global Geoparks, natural heritage is still widely considered to refer only to biotic elements such as plants and animals, demonstrating the persistent gap between geosciences and society. Collective actions are required to address these issues that are crucial in the context of a rapidly changing planet. How can we develop research that considers nature as a whole and open a dialogue with society? To answer this question, we use concepts and tools from organization science to analyse an interdisciplinary exchange project between the Universidad Nacional Autónoma de México (UNAM) in Mexico and the Université Clermont Auvergne in France. Through collaborative work on natural geosites located in both countries, diverse research topics emerged. Using a realistic narrative method, we describe, for each topic, the subjective trajectories and objective outcomes achieved by the participants through their activities, which defined their sense of action, allowed the success of these collective works and ensured their concrete impact for the conservation and protection of the natural sites. We then examine the project's organization using an apparatus that highlights five key organizational processes: 1) the foundation of a common ground through a theoretical framework experienced in the natural sites, 2) the emergence of research topics, 3) the fulfillment of these projects, 4) the diffusion of scientific results, and 5) the dissemination of knowledge to society. We finally discuss the results of our project in terms of sense of place, ecological sensemaking and sensegiving to demonstrate their role in the development of a holistic view of natural heritage that overcomes epistemic differences and culminates in activities of knowledge-sharing that breaks barriers and opens dialogue between science and society. |
| Abstract: | À l'échelle mondiale, le patrimoine naturel est de plus en plus menacé par l'activité humaine. Malgré l'émergence récente des concepts de géodiversité et de gépatrimoine, ainsi que le succès de programmes associés tels que les Géoparcs mondiaux de l'UNESCO, le patrimoine naturel est encore largement considéré comme se limitant aux éléments biotiques, tels que les plantes et les animaux, ce qui témoigne du fossé persistant entre les géosciences et la société. Des actions collectives sont nécessaires pour répondre à ces enjeux cruciaux dans le contexte d'une planète en mutation rapide. Comment développer une recherche qui considère la nature dans sa globalité et ouvre un dialogue avec la société ? Pour répondre à cette question, nous utilisons des concepts et des outils issus des sciences de l'organisation afin d'analyser un projet d'échanges interdisciplinaires entre l'Universidad Nacional Autónoma de México (UNAM) au Mexique et l'Université Clermont Auvergne en France. Grâce à un travail collaboratif sur des sites naturels situés dans les deux pays, divers thèmes de recherche ont émergé. À l'aide d'une méthode narrative réaliste, nous décrivons, pour chaque thème, les trajectoires subjectives et les résultats objectifs obtenus par les participants à travers leurs activités, qui ont défini leur sens de l'action, permis la réussite de ces travaux collectifs et assuré leur impact concret sur la conservation et la protection des sites naturels. Nous examinons ensuite l'organisation du projet à l'aide d'un dispositif mettant en évidence cinq processus organisationnels clés : 1) Un cadrage théorique comme projet fondateur et expérimenté sur des sites naturels , 2) l'émergence de thèmes de recherche, 3) la réalisation de ces projets, 4) la diffusion des résultats scientifiques, et 5) la transmission des connaissances à la société. Nous discutons enfin des résultats de notre projet en termes de sentiment d'appartenance au lieu, de construction du sens écologique et de transmission du sens (sensegiving), afin de démontrer leur rôle dans le développement d'une vision holistique du patrimoine naturel qui surmonte les différences épistémiques et aboutit à des activités de partage des connaissances qui brisent les barrières et ouvrent le dialogue entre la science et la société. |
| Keywords: | Geodiversity, Geoheritage, Organization sciences, Natural heritage, Geosciences, Biodiversity |
| Date: | 2026–02–27 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05666754 |
| By: | Holmes, Brandon; Robertson, Molly (Resources for the Future); Rennert, Kevin (Resources for the Future); Benes, Keith J.; Baillargeon, Natalie; Katz, Juniper; Nilson, Robi; Hoen, Ben |
| Abstract: | This working paper presents findings from an effort to reconstruct public development timelines for large wind and solar projects in Texas, a state with a significant renewable energy portfolio. We assembled a dataset of project milestones for 32 wind projects and 44 solar projects between 2018 and 2025 across 58 counties, using public records from county commissioners’ courts, school districts, Texas Comptroller files, developer announcements, and other project-specific sources. Our analysis finds that Texas’s renewable energy development often proceeds quickly when compared with projects on federal land and many state-level permitting processes. The median observable development timeline in the sample is roughly 3.5 years, and approval timelines for local tax incentive programs average about 6.5 months for solar projects and 7.5 months for wind projects. However, timelines vary widely with much of this variation occurring before construction, when developers assemble land, negotiate tax and road agreements, secure offtake contracts, procure equipment, and complete grid or federal reviews. These findings highlight the obstacles of drawing uniform conclusions about the success and speed of Texas’s development model, and the need for better project-level data to compare complex renewable energy development timelines across jurisdictions. |
| Date: | 2026–07–21 |
| URL: | https://d.repec.org/n?u=RePEc:rff:dpaper:dp-26-11 |
| By: | Jamasb, T.; Sikow-Magny, C. |
| Abstract: | Cross-border interconnection (IC) projects are central to achieving the European Union's goals of energy market integration, system resilience, and security of supply. However, their implementation often encounters financial and policy challenges stemming from uneven distribution of costs and benefits across the countries and exacerbated jurisdictional differences and information asymmetry. This paper proposes an approach that reorients the current framework and practice of cross-border cost allocation (CBC A) policy to one that embeds economic theory that informs the project assessment and negotiation process. We present a conceptual framework that integrates bargaining theory and incentive design into the CBCA. It considers the joint interests of project promoters, National Regulatory Authorities (NRAs), and the European Commission (EC) when assessing investments and co -funding from the Connecting Europe Facility (CEF). A new role for CEF, not as an ex -post subsidy, but as a directed policy instrument enables elicitation of true values of benefits and incentive-compatible cost allocation that aligns national and EU objectives. We conclude with policy recommendations for enabling implementation of cross -border investments in the EU’s evolving energy grid policy. |
| Keywords: | Electricity Grid, Cross-Border Investment, Cost Allocation, Information Asymmetry, Energy Policy |
| JEL: | C70 D00 L94 Q40 |
| Date: | 2026–07–06 |
| URL: | https://d.repec.org/n?u=RePEc:cam:camdae:2649 |
| By: | Katharina Brütt (Vrije Universiteit Amsterdam and Tinbergen Institute) |
| Abstract: | Experimentation is at the core of innovation. This project studies collaborative experimentation in teams, focusing on the inherent two-dimensional free-riding problem induced by payoff and informational externalities. The discouraging force of observing others’ unsuccessful experimentation and the attempt to keep one’s team members optimistic theoretically result in inefficiently low experimentation in teams. In a laboratory experiment, I study how distinct elements of the experimentation environment affect this strategic experimentation. I vary (i) the observability of experimentation and (ii) whether agents work on joint or separate projects. Teams largely overcome the free-riding problem. Contrary to theoretical predictions, both the observability of experimentation and experimenting jointly increase experimentation levels. There is no lack of sophistication in updating beliefs that drives this, neither do subjects disregard their experimentation’s effect on others. Instead, the data can be best explained by joint, observable experimentation creating incentives to ‘lead by example’ and setting norms of high experimentation. |
| Keywords: | Conflicting |
| JEL: | D81 D83 D91 |
| Date: | 2025–08–29 |
| URL: | https://d.repec.org/n?u=RePEc:tin:wpaper:20250049 |
| By: | Malek, Jan; Seldeslachts, Jo; Veugelers, Reinhilde |
| Abstract: | This paper provides empirical evidence on which M&A deals spur innovation, and which stifle it. To do so, we consider not only the product market position of the acquiring firm, but also the position of both target and acquirer in the technology space. Focusing on the antidiabetic drugs market, our dataset tracks the lifecycle and patenting of all individual antidiabetic projects in development between 1997 and 2017. We show that most terminations of acquired projects occur while the projects are still far from product market entry. Nevertheless, a number of these early-stage acquisitions have a positive impact on innovation. These cases arise when incumbents acquire projects close to their own projects in product markets, but only if these projects are also close in technology markets. Those deals are associated with increased subsequent patenting, which is consistent with the exploitation of technological synergies. Our results point to the crucial role of combining both product market and technology market positions in assessing the innovation effects of pharmaceutical M&As. |
| Keywords: | Patents |
| JEL: | L41 L65 O31 |
| Date: | 2025–07 |
| URL: | https://d.repec.org/n?u=RePEc:cpr:ceprdp:20468 |
| By: | Colliard, Jean-Edouard; Zhao, Junli |
| Abstract: | This paper studies how artificial intelligence (AI) affects the finance labor market when humans and AI perform different tasks in investment projects, and workers earn agency rents that grow with project size. We identify two key effects of AI improvement: A freeriding effect raises worker rents by increasing the probability of successful investment when the worker shirks; A capital reallocation effect shifts investment toward workers with higher or lower rents, depending on which tasks AI improves. Contrary to standard predictions, AI can raise both worker rents and labor demand. We derive implications for capital allocation, labor demand, compensation, and welfare. |
| Keywords: | Artificial intelligence; Labor markets; Automation |
| JEL: | D21 G20 O33 |
| Date: | 2025–07 |
| URL: | https://d.repec.org/n?u=RePEc:cpr:ceprdp:20460 |
| By: | Fabra, Natalia; Llobet, Gerard |
| Abstract: | This paper examines the limitations of spot markets in providing adequate investment incentives to support zero-carbon investments in electricity markets. In contrast, properly designed long-term contracts have the potential to mitigate price volatility and facilitate the funding of the investments. A theoretical model is developed to analyze contract design under conditions of moral hazard and adverse selection, emphasizing the trade-offs that arise when exposing firms to price and quantity risk. The findings inform optimal contract design for nuclear and renewable energy projects, offering policy recommendations to enhance investment incentives while minimizing productive inefficiencies and excessive rents. |
| JEL: | L13 L94 |
| Date: | 2025–06 |
| URL: | https://d.repec.org/n?u=RePEc:cpr:ceprdp:20328 |
| By: | Henderson, J. Vernon; Libano-Monteiro, Francisco; Manara, Martina; Michaels, Guy; Regan, Tanner |
| Abstract: | Urban planning has shaped cities for millennia, demarcating property rights and mitigating coordination failures, but its rigidities often conflict with market-driven development, which reflects preferences. Although planning is widespread in high-income countries, rapidly growing cities in the developing world are characterized by urban informality. Despite its importance, urban planning lacks an $economic$ framework to evaluate planners' choices. This paper offers a starting framework and applies it to a flagship project in Dar es Salaam, Tanzania, which partitioned greenfield land on the urban fringe into more than 36, 000 formal plots that people purchased and built homes on. To study this project, we assemble a novel dataset using administrative records, satellite imagery, and primary surveys. We develop and estimate a dynamic model in which planning design constrains the decisions of households of varying incomes to sort into formal areas. This model complements our reduced-form analysis, which uses within-neighborhood variation and spatial RD to study planning choices' effects. We find that the project secured property rights and access, raised land values relative to unplanned areas, and attracted highly educated owners. Within project areas, access to main paved roads, gridded layouts, and natural amenities are valued; plot development and public service provision have been slow; and the price elasticity of bare land with respect to plot size is -0.5. Counterfactual analysis using the model shows that while land value maximization involves the provision of larger plots, welfare maximization entails the provision of smaller plots to serve more lower-income people. |
| Keywords: | Africa |
| JEL: | R58 R31 O18 R14 O21 |
| Date: | 2025–05 |
| URL: | https://d.repec.org/n?u=RePEc:cpr:ceprdp:20245 |
| By: | Schmitz, Patrick W. |
| Abstract: | We develop an incomplete-contracting model in which the government engages a private contractor to provide a public good. Over time, adaptations of the good to changing circumstances may become desirable. The contractor privately learns the costs of implementing these adaptations. We compare two organizational forms. In a public-private partnership, the government actively participates in project management and, by incurring information-gathering costs, may ascertain the contractor's adaptation costs. Under traditional procurement, the government lacks direct involvement in project management, preventing it from ascertaining the adaptation costs. We show that the government's potentially enhanced access to the contractor's information in a public-private partnership can either support or undermine the case for such partnerships. |
| JEL: | D23 D86 H41 H57 L33 |
| Date: | 2025–10 |
| URL: | https://d.repec.org/n?u=RePEc:cpr:ceprdp:20699 |
| By: | Bau, Natalie; Lowes, Sara; Montero, Eduardo |
| Abstract: | Culture shapes how policies are made and how people react to them. This chapter explores how culture and development policy affect each other. First, we provide evidence that cultural mismatch - specifically a mismatch between project manager background and the location of project implementation - is associated with the reduced success of World Bank projects. Second, drawing on historical and ethnographic work, we show that disregarding local cultural norms can undermine well-intentioned development policies. Third, we review economic research demonstrating that cultural practices systematically shape policy effectiveness, often leading to heterogeneous or unintended effects. Fourth, we discuss evidence that policies themselves can reshape cultural norms, sometimes in unexpected ways. Finally, we discuss research on tailoring interventions to the local context and conclude with lessons for future research. |
| Keywords: | Culture |
| JEL: | O1 Z1 N00 |
| Date: | 2025–06 |
| URL: | https://d.repec.org/n?u=RePEc:cpr:ceprdp:20374 |
| By: | Tooraj Jamasb; Catharina Sikow-Magny |
| Keywords: | Electricity grid, cross-border investment, cost allocation, information asymmetry, energy policy |
| JEL: | C7 D0 L94 Q4 |
| Date: | 2026–06 |
| URL: | https://d.repec.org/n?u=RePEc:enp:wpaper:eprg2614 |
| By: | Bramoullé, Yann; Figuières, Charles; Preti, Mathis |
| Abstract: | Between 1954 and 1998, the tobacco industry funded more than 1, 900 research projects at a total cost of $355 million, on topics such as the roles of heredity and nutrition in cancer. Even though legitimate, this research was intended to divert attention from the harmful effects of tobacco. We provide the first formal analysis of such diversion research. We show that special interests may have strong incentives to affect the scientific agenda, even when the research itself is unbiased. This form of scientific lobbying yields large welfare losses and raises concerns about the private funding of research. |
| Date: | 2025–10 |
| URL: | https://d.repec.org/n?u=RePEc:cpr:ceprdp:20726 |
| By: | Baltrunaite, Audinga; Mocetti, Sauro; Rovigatti, Gabriele |
| Abstract: | This paper investigates the role of administrative capacity in shaping procurement outcomes using rich Italian data on public works. We analyse the duration of the three main phases – planning, awarding, and execution – for observationally equivalent projects. First, we document substantial heterogeneity across contracting authorities: their fixed effects account for a sizeable share of the variation in procurement length, and delays tend to persist across all phases, pointing to structural differences in organizational capacity. These differences are strongly correlated with indicators of administrative quality. Second, we show that the identity of the procurement manager (RUP) matters, even within the same organization. Observable characteristics such as education or tenure explain only a limited fraction of the variation, highlighting the importance of unobservable factors such as tacit knowledge, effort, and managerial skills. Third, in the execution phase, both procuring authorities and firms play a crucial role: execution times are shorter when projects are awarded to more productive firms, and higher-ability managers are more likely to select such firms. |
| JEL: | D73 H57 |
| Date: | 2025–10 |
| URL: | https://d.repec.org/n?u=RePEc:cpr:ceprdp:20774 |
| By: | Yousra A Abdelwahed (Alexandria University [Alexandrie]); Johannes Schaaper (IRGO - Institut de Recherche en Gestion des Organisations - UB - Université de Bordeaux - Institut d'Administration des Entreprises (IAE) - Bordeaux); Hanane Elzeiny (Alexandria University [Alexandrie]) |
| Abstract: | Purpose: With the rising trend to find innovative sources of finance and the increasing number of crowdfunded projects globally, this research attempts to analyze the criteria that encourage individuals to fund entrepreneurial projects through crowdfunding. The study develops a research model based on signaling theory, prior crowdfunding literature, and venture capitalists' decision-making frameworks, to examine factors influencing crowdfunding intentions. Methodology: A quantitative survey approach was employed, targeting crowdfunding participants in two distinct settings, Egypt and France. Data was collected using a self-administered questionnaire from 200 respondents, 95 from Egypt and 105 from France. Seven main hypotheses were empirically tested in the two contexts. Findings: Using regression analysis, we identified six key criteria that significantly influence intentions to fund crowdfunding projects. These criteria include: (1) project's stage of development, (2) reward nature, (3) externality, (4) popularity, (5) growth potential of the target market, and (6) the quality of the crowdfunding platform. T- test analysis was used to examine differences between the two contexts, comparing Egypt and France we found no significant difference in funding intentions. However, significant differences emerged regarding the importance of certain criteria: entrepreneur's experience, education and gender, as well as the project's development stage, reward nature, externality, popularity and target market growth potential. Originality: This study fills a key research gap by offering a cross-country comparative analysis of crowdfunding. It introduces a new framework to understand crowd funders' intentions, providing practical insights for entrepreneurs to improve fundraising success while advancing academic knowledge on cross-cultural crowdfunding behaviour. |
| Abstract: | Objectif : Face à la tendance croissante à rechercher des sources de financement innovantes et à l'augmentation du nombre de projets financés par le crowdfunding à l'échelle mondiale, cette étude vise à analyser les critères qui incitent les particuliers à financer des projets entrepreneuriaux par le biais du crowdfunding. L'étude élabore un modèle de recherche fondé sur la théorie du signal, la littérature existante sur le crowdfunding et les cadres décisionnels des investisseurs en capital-risque, afin d'examiner les facteurs influençant les intentions de participation au crowdfunding. Méthodologie : Une approche d'enquête quantitative a été adoptée, ciblant des participants au crowdfunding dans deux contextes distincts, l'Égypte et la France. Les données ont été recueillies à l'aide d'un questionnaire auto-administré auprès de 200 répondants, dont 95 en Égypte et 105 en France. Sept hypothèses principales ont été testées empiriquement dans ces deux contextes. Résultats : À l'aide d'une analyse de régression, nous avons identifié six critères clés qui influencent de manière significative les intentions de financement de projets de financement participatif. Ces critères sont les suivants : (1) le stade de développement du projet, (2) la nature de la contrepartie, (3) l'externalité, (4) la popularité, (5) le potentiel de croissance du marché cible et (6) la qualité de la plateforme de financement participatif. Une analyse par test t a été utilisée pour examiner les différences entre les deux contextes ; en comparant l'Égypte et la France, nous n'avons constaté aucune différence significative dans les intentions de financement. Cependant, des différences significatives sont apparues concernant l'importance de certains critères : l'expérience, la formation et le genre de l'entrepreneur, ainsi que le stade de développement du projet, la nature de la récompense, les retombées externes, la popularité et le potentiel de croissance du marché cible. Originalité : cette étude comble une lacune majeure de la recherche en proposant une analyse comparative transnationale du financement participatif. Elle introduit un nouveau cadre permettant de comprendre les intentions des contributeurs, fournissant ainsi des conseils pratiques aux entrepreneurs pour améliorer leurs chances de réussite en matière de levée de fonds, tout en faisant progresser les connaissances académiques sur les comportements transculturels en matière de financement participatif. |
| Keywords: | signalling theory, venture capital ijbm.ccsenet.org, intention, entrepreneurial finance, cross-country comparison, crowdfunding |
| Date: | 2025–08–13 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05671286 |
| By: | Bircan, Cagatay; Friebel, Guido; Stahl, Tristan |
| Abstract: | Using rich data on personnel records, work assignments, and performance in a financial institution, we uncover the mechanisms leading to promotiongaps in knowledge teamwork. We find a substantial promotion gap for women in early career stages. Analyzing over 10, 000 investment projects reveals that assignments to project team leaderships (a “promotable†task) are crucial in explaining the gaps in promotions and affect long-term careers. We find causal evidence that male supervisors favor male bankers, while women benefit from female supervisors. A survey among employees indicates that women perceive to be disadvantaged in the assignments of tasks, but they do not differ in aspirations and demand for these roles. When a new CEO entered the firm, much of the gap disappears. |
| JEL: | M51 J16 D22 J44 |
| Date: | 2025–06 |
| URL: | https://d.repec.org/n?u=RePEc:cpr:ceprdp:20338 |
| By: | Basso, Frédéric; Lebrument, Norbert; Rochette, Corinne |
| Abstract: | Smart cities are often framed through techno-utopian narratives, yet their capacity to support sustainable transitions depends on residents’ engagement. This article examines how the transformative utopian impulse and support for the principles of Doughnut Economics shape residents’ intention to participate in smart city projects. Drawing on a survey of 645 residents in five French cities (Paris, Lyon, Marseille, Lille and Toulouse), we estimate a model using partial least squares structural equation modelling (PLS-SEM) combined with Necessary Condition Analysis (NCA) to distinguish sufficient from necessary causal relations. PLS-SEM results show that the transformative utopian impulse significantly influences participatory intention, both directly and indirectly through support for Doughnut Economics principles. NCA complements these findings by revealing that both constructs operate as necessary conditions for high levels of participatory intention, with support for Doughnut Economics emerging as the most critical precondition for high levels of participatory intention: while it contributes relatively little as a direct average driver of participation, its absence effectively prevents residents from reaching the highest levels of engagement. This “axiological” threshold effect indicates that commitment to post-growth principles shifts from secondary to indispensable as participation intensifies. The study advances urban governance research by moving beyond the opposition between technology centric smart city agendas and post-growth urbanism: Doughnut Economics functions as an intermediary normative framework translating utopian aspirations into more concrete forms of urban engagement. For practitioners, the results highlight that participatory mechanisms must be coupled with coherent value frameworks if smart city programmes are to mobilise residents for transformative, sustainability-oriented projects. |
| Keywords: | transformative utopian impulse;Doughnut Economics;smart cities;citizenship participation |
| JEL: | J1 |
| Date: | 2026–06–29 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:138895 |