Innovation in Megaprojects and the Role of Project Complexity

Cantarelli, Chantal C.

doi:10.2139/ssrn.3846033

Cited by 1 publication

(2 citation statements)

References 72 publications

(117 reference statements)

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“…Because the technical complexity and environmental uncertainty of megaprojects bring about great challenges with regard to a smooth construction (Bahadorestani et al, 2020;Romestant, 2020), which increases the demand for technological innovation , an increasing number of scholars are paying attention to topics related to megaproject innovation. Innovation in megaprojects can be defined as "the successful commercial exploitation of new ideas, and it includes the scientific, technological, organizational, financial, and business activities leading to the introduction of a new (or improved) product or service" (Cantarelli, 2022). Moreover, megaproject innovation needs to cross organizational boundaries and relies on the close cooperation of a large number of participants (Brockmann et al, 2016).…”

Section: Introductionmentioning

confidence: 99%

“…Given the temporary dispersion of project organization, Winch (2013) believes that the performance of technology innovation in construction megaprojects can be improved through integrated management, including multi-project integrated management, design and construction integrated management, etc. Cantarelli (2022) examined how the technical complexity of megaprojects specifically affects the innovation dimension. Davies et al (2014) pointed out that there are two kinds of technological innovation activities: "top-down innovation" and "bottom-up innovation" in the construction megaproject according to how the innovation starts and develops.…”

Section: Introductionmentioning

confidence: 99%

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Analysis of Collaborative Innovation Behavior of Megaproject Participants Under the Reward and Punishment Mechanism

Liu

Zhou

2022

International Journal of Strategic Property Management

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Megaprojects are characterized by significant environmental uncertainty and technical complexity, which bring great challenges to engineering construction. Cross-organizational collaborative innovation is an important way to solve these problems. As the main body that understands the difficulties of the construction site and uses innovative products, the participation of megaproject participants is not only conducive to increasing innovation efficiency but also conducive to the application and promotion of innovative achievements. The collaborative innovation behavior of the participants in megaprojects under the reward and punishment incentive mechanism was studied. A game model between different participants was built by combining evolutionary game theory with prospect theory. Then, the dynamic evolution process of the collaborative innovation strategy of participants was analyzed, and the main factors affecting the evolutionary stability strategy of collaborative innovation through numerical simulation were examined. The research results indicate that reward and punishment incentives of collaborative innovation can encourage participants to choose the evolutionary stability strategy of participating in collaborative innovation from both objective and subjective aspects. Factors, such as the cost of participating, the synergy coefficient, the proportion of collaborative revenue distribution, and risk preference, can influence participants’ willingness to engage in collaborative innovation to different degrees.

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