Application of MSTAM Methodology in Project Management

2022 ◽  
pp. 135-160
Author(s):  
Siu Cheung Ho ◽  
Kong Bieng Chuah

Innovation technology development and commercialization are not new, but this is a hot topic in this decade in Hong Kong. The relevant researches are focused on two dimensions from research and development (R&D) technologist perspective (supply-side) and industry user perspective (demand-side). This is a part of the author's engineering doctorate thesis. The thesis title is “An Analysis of the Determinants of Innovation and Technology Fund (ITF) R&D Projects Commercialization in Hong Kong's Logistics and Supply Chain Industries.” A pilot implementation case study has been conducted and tested, and the MSTAM methodology are workable for ITF R&D project deliverables commercialization to the industry.

Author(s):  
Siu Cheung Ho ◽  
Kong Bieng Chuah

Innovation technology development and commercialization are not new, but this is a hot topic in this decade in Hong Kong. The relevant researches are focused on two dimensions from research and development (R&D) technologist perspective (supply-side) and industry user perspective (demand-side). This is a part of the author's engineering doctorate thesis. The thesis title is “An Analysis of the Determinants of Innovation and Technology Fund (ITF) R&D Projects Commercialization in Hong Kong's Logistics and Supply Chain Industries.” A pilot implementation case study has been conducted and tested, and the MSTAM methodology are workable for ITF R&D project deliverables commercialization to the industry.


Water ◽  
2021 ◽  
Vol 13 (15) ◽  
pp. 2029
Author(s):  
Gösta F.M. Baganz ◽  
Manfred Schrenk ◽  
Oliver Körner ◽  
Daniela Baganz ◽  
Karel J. Keesman ◽  
...  

Aquaponics, the water-reusing production of fish and crops, is taken as an example to investigate the consequences of upscaling a nature-based solution in a circular city. We developed an upscaled-aquaponic scenario for the German metropolis of Berlin, analysed the impacts, and studied the system dynamics. To meet the annual fish, tomato, and lettuce demand of Berlin’s 3.77 million residents would require approximately 370 aquaponic facilities covering a total area of 224 hectares and the use of different combinations of fish and crops: catfish/tomato (56%), catfish/lettuce (13%), and tilapia/tomato (31%). As a predominant effect, in terms of water, aquaponic production would save about 2.0 million m3 of water compared to the baseline. On the supply-side, we identified significant causal link chains concerning the Food-Water-Energy nexus at the aquaponic facility level as well as causal relations of a production relocation to Berlin. On the demand-side, a ‘freshwater pescatarian diet’ is discussed. The new and comprehensive findings at different system levels require further investigations on this topic. Upscaled aquaponics can produce a relevant contribution to Berlin’s sustainability and to implement it, research is needed to find suitable sites for local aquaponics in Berlin, possibly inside buildings, on urban roofscape, or in peri-urban areas.


2005 ◽  
Vol 164 (1) ◽  
pp. 120-142 ◽  
Author(s):  
Anna Nagurney ◽  
Jose Cruz ◽  
June Dong ◽  
Ding Zhang

2013 ◽  
Vol 732-733 ◽  
pp. 1401-1405
Author(s):  
Zhi Zhao ◽  
Jia Hai Yuan ◽  
Wen Jie Huang

Integrated Resource Strategic Planning (IRSP) is an extension of Integrated Resource Planning (IRP) at the national level for power planning. It provides a new theoretical foundation for the implementation of demand-side management (DSM) in the deregulated conditions. In this paper, IRSP model for power planning is proposed. In the model, both supply-side and demand-side resources as efficient power plant (EPP) are considered in the optimization process. A case study for the power planning in the United States is presented in the paper. The results indicate that, comparing with traditional planning the IRSP model can not only achieve the minimum total costs, but also reduce the supply-side capacity installation and the related pollution emissions.


Author(s):  
Soumyatanu Mukherjee ◽  
Sidhartha S. Padhi

AbstractSupply chains are customarily associated with multiple interconnected risks originated from supply side, demand side, or from the unanticipated background uncertainties faced by a firm. Also, effective functioning of supply chain hinges on sourcing decisions of inputs (raw materials). Therefore, there is a striking need to analyse the risk preference of the decision maker while going for optimal sourcing decision under varying degree of interconnected supply chain risks. This study addresses this issue by analysing the comparative static effects under interconnected supply chain risks for a risk averse decision-maker, manufacturing and selling products in a regulated market under perfect competition. The decision-maker faces not only supply-side risk (due to random input material prices) but also interconnected risks arising out of background risk (setup costs risk) and demand-side risk (output prices risk). With preferences defined over the mean and standard deviation of the uncertain final profit, this study illustrates the effects of the changes in the pairwise correlations between the three above mentioned risks on the optimum input choice of the manufacturer. To contextualise this study, an India-based generic drug manufacturer cum seller has been considered as a case in the parametric example of our model. Adaptation of the mean–variance framework helps obtaining all the results in terms of the relative trade-off between risk and return, with simple yet intuitive interpretations.


2018 ◽  
Vol 32 (5) ◽  
pp. 312-325 ◽  
Author(s):  
Mariacarmela Passarelli ◽  
Alfio Cariola ◽  
Pino Vecellio

This article focuses on co-development technology transfer models. It offers an empirical analysis of a pioneer model applied in Italy: the proof-of-concept network (PoCN) applied by AREA Science Park in Trieste. Starting with a review of the literature, the authors identify the drivers that facilitate collaboration between the industrial and research systems in the embryonic phase of technology development. Then, discussing the PoCN model, the article analyzes and explores an emerging phenomenon that is as yet poorly understood. The application of a model for co-development, in fact, highlights many advantages for both firms and the research system and improves the efficiency of matching between these distant and heterogeneous sectors. The authors report a single case study which, while appearing to be a limitation of the article, offers elements of originality because it concerns the first applied co-development model in Italy. There are many practical implications, not only for firms and research institutions but also for policymakers who seek to implement public policies to support innovation and technology transfer.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ajantha Velayutham ◽  
Asheq Razaur Rahman ◽  
Anil Narayan ◽  
Michael Wang

PurposeThe purpose of this study is to examine the disruptive effects of COVID-19 on supply chains and question the role of accounting information in managing these supply chains in the face of such disruptive effects.Design/methodology/approachThe study first explains the effects of COVID-19 on the supply chains of business entities. It then explains the role of accounting information in supply chain management, questions accounting information's ability to play such a role, and makes recommendations for better accounting disclosures and accounting research for supply chains of firms. To illustrate the salient points, a case study of Fisher and Paykel Healthcare is conducted. It identifies the risks and uncertainties of supply chains exposed by COVID-19 disruptions to businesses.FindingsCOVID-19 has affected Fisher and Paykel Healthcare from both the supply-side (upstream) and demand-side (downstream) perspectives. On the supply side, it has disrupted the supply of raw materials used in the manufacture of respiratory devices and the costs of importing such materials. On the demand side, it has disrupted market logistics and customer demand. This has subsequently affected production. Such disruptions can be overcome through the dissemination of appropriate accounting information for the different stages of the supply chain to the managers. Such accounting information can also be useful to external stakeholders for minimizing their risks.Originality/valueThe study attempts to create an awareness of the supply chain uncertainties faced by managers and stakeholders arising from exogenous shocks, such as a pandemic, and how these uncertainties can be mitigated by aligning accounting information flows with the supply chain activity flows. The observations made in this paper are at a conceptual level and, therefore, can be applied to any industry.


2011 ◽  
Vol 17 (4) ◽  
pp. 453-470 ◽  
Author(s):  
Kurt Richard Luther

Using internal party documents and semi-structured interviews with over 200 activists of the Freedom Party of Austria, this article examines (anticipatory) adaptation in the intra-party and governmental arenas when this right-wing populist party switched its primary goal from populist vote maximization to office. It suggests such parties’ success will owe much to their leaderships’ capacity to identify and implement strategies and behaviours consonant with their new primary goal and to deal effectively with the inescapable tensions caused by the transition to incumbency. The article demonstrates how the FPÖ’s failures in these respects resulted in an own goal. Yet right-wing populists’ experience of incumbency is not necessarily doomed to failure. Agency remains an important determinant of success. Indeed, it appears supply-side factors may well be far better at explaining rapid shifts in the fortunes of such parties than the still predominantly demand-side approaches.


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