System‐of‐systems approach for assessment of financial innovations in infrastructure
Built Environment Project and Asset Management
ISSN: 2044-124X
Article publication date: 16 November 2012
Abstract
Purpose
The purpose of the study presented in this paper is to assess determinants of financial innovations in infrastructure using a system‐of‐systems approach, and to demonstrate this approach in the context of the US highway transportation sector.
Design/methodology/approach
A system‐of‐systems approach is adopted for systemic assessment. Data obtained from a case‐based research approach and a survey deployed to the state Departments of Transportation in the US is utilized in parallel with a network analysis to explore the status quo, key players and interactions, and the drivers of financial innovations for infrastructure.
Findings
The findings include constructs regarding the players, practices, and activities and also a conceptual model relating to the drivers of financial innovations.
Practical implications
The model along with the constructs provides an analytical tool for understanding the dynamics of financial innovations. Such understanding would lead to expansion of the creation and diffusion of financial innovation practices in the highway transportation infrastructure globally.
Originality/value
The study presented in this paper is the first of its kind to identify the determinants of financial innovations in infrastructure based on a systemic approach.
Keywords
Citation
Mostafavi, A., Abraham, D.M. and Lee, J. (2012), "System‐of‐systems approach for assessment of financial innovations in infrastructure", Built Environment Project and Asset Management, Vol. 2 No. 2, pp. 250-265. https://doi.org/10.1108/20441241211280927
Publisher
:Emerald Group Publishing Limited
Copyright © 2012, Emerald Group Publishing Limited