scholarly journals Risk management in public land development projects: Comparative case study in Finland, and the Netherlands

2017 ◽  
Vol 62 ◽  
pp. 246-257 ◽  
Author(s):  
Eero Valtonen ◽  
Heidi Falkenbach ◽  
Erwin van der Krabben
2018 ◽  
Vol 22 (8) ◽  
pp. 1637-1654 ◽  
Author(s):  
Antonio Usai ◽  
Veronica Scuotto ◽  
Alan Murray ◽  
Fabio Fiano ◽  
Luca Dezi

PurposeEntrepreneurial knowledge spurs innovation and, in turn, generates a competitive advantage. This paper aims to explore if entrepreneurial knowledge combined with the attitude to innovate can overcome the key “imperfections” of the innovation process generated by dynamic, current technological progress in the knowledge-intensive sector. The “imperfections” identified in risk management, asymmetric information in the knowledge management process and hold-up problems can all disrupt collaborative partnerships and limit opportunities for innovation.Design/methodology/approachA theory-building approach is applied which offers a case study analysis of two small- to medium-sized enterprises (SMEs). These two SMEs operate in Europe but in two different territories: the UK and Italy. The study explores three key imperfections, risk management, asymmetric information in the knowledge management process and hold-up problems, which occur in the innovation process.FindingsThe entrepreneurs face these imperfections by adopting an open innovation model. Notwithstanding, both entrepreneurs had to deal with all “imperfections”, and their skills, attributes, attitude and aptitude allowed them to grow their business and continually develop new products. Therefore, the imperfections do not limit the innovative capacity of an entrepreneur but rather enhance their challengeable attitude. In this regard, the case studies induce a further analysis on entrepreneurial knowledge intertwined with entrepreneurial risk management and networking skills.Research limitations/implicationsThe empirical significance of the two cases does not allow theorisation. However, this research offers interesting results which can be strengthened by a comparative case study with other countries or deeper investigation by applying a quantitative approach.Originality/valueBy leveraging entrepreneurial knowledge, the imperfections noted in the innovation process can be overcome. Entrepreneurial knowledge is recognised as the main asset of an enterprise if it is combined with external talent or human resources. Entrepreneurs aim to develop innovative approaches and ideas through establishing both formal and informal collaborative partnership relationships which are used thanks to the entrepreneurs’ networking skills, knowledge and abilities.


2022 ◽  
Vol 14 (2) ◽  
pp. 756
Author(s):  
Rocío Rodríguez-Rivero ◽  
Isabel Ortiz-Marcos

When working with international development projects (IDPs), the use of the logical framework approach (LFA) prevails as the most important tool to plan and manage these projects. This paper presents how the methodology has been enriched, including risk management (LFRMA logical framework with risk management approach), proposing an original contribution, tested with professionals that will improve the effectiveness of IDPs by increasing their success rate and their sustainability. The steps followed to design the methodology (problem statement (literature review, interview with experts, questionnaire for professionals. and statistical analysis), case study analysis (eight case studies in Colombia, interviews with IDPs managers, focus groups, questionnaire for participants, qualitative analysis, and fuzzy analysis) and design of LFRMA (focus group with experts)) and the methodology itself (how to introduce risk management during all the life cycle through the methodology steps) are presented. Conclusions answer the research questions: can the effectiveness and sustainability of IDPs be improved? Can risk management help to improve IDPs effectiveness? Would it be useful to introduce risk management into the LFA? The LFRMA methodology consists of two fields of application, the first at the organization level and the second at the project level.


2013 ◽  
Vol 5 (1) ◽  
pp. 100-115 ◽  
Author(s):  
Sebastiaan van Herk ◽  
Chris Zevenbergen ◽  
Berry Gersonius ◽  
Hans Waals ◽  
Ellen Kelder

New flood risk management policies account for climate and socio-economic change by embracing a more integrated approach. Their implementation processes require: collaboration between a group of stakeholders; combining objectives and funding from various policy domains; consideration of a range of possible options at all spatial scale levels and for various time horizons. Literature provides limited guidance on how to organise a collaborative planning process to devise integrated flood risk management (IFRM) plans. This paper presents a case study where a recently developed framework for process design and management has been used and evaluates whether or not the collaborative planning process led to an IFRM plan. The case study is Dordrecht (NL) where the new multi-layer-safety (MLS) approach has been applied in the context of the Delta Programme. The Delta Programme investigates how the Netherlands can adapt to the effects of climate change. MLS comprises three flood safety layers to reduce flood risk: flood protection, spatial planning, and emergency response. The framework has been shown to be effective in the delivery of an IFRM plan, it has been enriched by defining the interfaces between and phasing of planning activities, and can be further improved to better guide implementation and governance activities.


2011 ◽  
Vol 1 (1) ◽  
pp. 1-10
Author(s):  
Ismail Omar ◽  
Fauziah Raji

Subject area Property development, the built environment and privatisation. Study level/applicability Undergraduate and MA level property development courses, modules covering privatisation within undergraduate, MBA and MA level management programmes. Case overview Property development is complex and diverse. It involves many agents with diverse roles, strategies and actions that affect the return. In a way, privatisation reduces government's financial burdens and offers ease of procedures to agents. This case study investigates privatisation of property development projects by a local authority in Kuala Lumpur, Malaysia. In particular, the study focuses on modes of privatisation (MOP) and the extent to which it affects the return of the projects. The MOP studied are the land swap, land lease and the joint venture development on 15 selected privatisation projects. Expected learning outcomes Students are expected to be able to understand the MOP for land development projects using Malaysia as an example; evaluate the strengths and weaknesses of these MOP; assess the benefits and impacts to the local Malaysian authority, landowners and land developers of MOP; and apply suitable MOP to alternative development projects. Supplementary materials Teaching note.


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