The governments’ intervention in the economy impacts technological performance and sustainability. This role has become even more critical due to the COVID-19 situation and in the context of the continuous increase in resource consumption, which requires finding alternative solutions. We provide a comprehensive literature review about the state’s economic functions, redistribution of resources in society, and the role of state intervention in sustainability-related issues, giving a full description of the opinions and concepts primarily of economists. We propose to study governments’ interventions in their economy using budgetary resources on public expenditure, highlighting the leading factors in government policies using a suggested intervention index. The state’s intervention policy’s stability is measured via the intervention index’s partial autocorrelation function over the years. We collected data from OECD data sets and conducted a descriptive statistical analysis followed by panel data analysis. Subsequently, two questions are explored about the state’s intervention and its technical performance and technology-related sustainability issues. Results show that economic strength positively affects the intervention. Expenditures on education may lead to better technological outcomes, unlike expenses on health. The tax burden inhibits innovation and technological progress, but total governmental revenues positively affect technological performance.
1 August 2019 in International Journal of Innovation Management
Purpose: As managing risks effectively is critical for successful projects, project managers regularly identify and prioritize the risks that apply to their projects. However, research argues that project managers struggle to identify effective risk mitigation approaches for the most critical risks, partly because they do not always have the required authority to act effectively. The authors argue that, particularly in high-risk projects, organizational support (OS) provided by senior executives to project managers can facilitate a practical approach to risk mitigation beyond traditional risk management practices.Design/methodology/approach: The authors modeled the relationship between risk, organizational support and project success. Then, the authors conducted a structural equation modeling analysis on survey data obtained from 722 projects and tested for the impacts of OS practices in the presence of risk on projects' success.Findings: Suppose done effectively, senior executives can provide more support to project managers and the teams in high-risk projects, resulting in higher project success. OS has a positive impact on project success in terms of efficiency and effectiveness. Interestingly, the positive impact of OS on success is greater than the negative impact of the risk.Practical implications: The paper further describes various effective OS practices to mitigate risks and explore opportunities when faced with high-risk projects.Originality/value: Whereas it is known that risk has a negative impact on project success, this paper suggests that, in addition to that, OS is in between risk and success and has an impact on this relationship (mediation). Moreover, with OS, the total negative effect of risk on effectiveness turns into a positive impact.
In the manufacturing industry, there is a strive for innovative processes. This study puts the focus on the successful implementation of innovation projects in the manufacturing industry. The study identifies the interrelationships between two dimensions: management skills and change management of innovation projects implemented in an industrial organization and technological uncertainty. Innovation can be achieved through small steps (incremental innovation), i.e., minor improvements to current products, services, processes, and business models. The necessary skills for successful organizational change and how managers can acquire them are provided. The literature review dedicated to this subject emphasizes the relationship between an innovation project’s success and managers’ skills within the industrial organization. In this study, we have narrowed this dimension to the manager’s communication abilities. The data analysed were collected from Israel and Romania. We want to analyse the role human resources departments manage skills acquisition in the organisation, as well as the role of manager’s communication skills in innovative cases. The data from 275 Israeli project managers, mainly from innovative projects, was collected using a validated questionnaire. Data from Romanian 48 industrial companies was collected using questionnaires distributed to 67 managers from all hierarchical levels. We found that management skills are correlated with innovation and its success; communication skills are acquired through non-formal learning methods. The skills of managers are highly correlated with success, especially under high levels of technological uncertainty.