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This paper aims to discuss the possibility that Hyperloop using air levitation technology would create a revolution in the future industry of transportation. It also analyses the financing dimension in bringing Hyperloop technology towards full-scale commercialisation.

The study uses a case study of SpaceX Hyperloop. The analyses if Hyperloop would bring about a paradigmatic shift in the transportation industry are based on the classical economic theories of technology S-curves (Utterback and Abernathy, 1975; Fisher and Pry, 1971) and Schumpeter’s model of economic development (Schumpeter, 1939, 1967). The three factors influencing a paradigmatic change (a shift in technoeconomic paradigm) according to Freeman and Perez (1988) are also explored.

The analyses of findings have shown that Hyperloop has not yet met three factors influencing a paradigmatic change. However, the Hyperloop technology has the potential to create a new market of mass transportation. In terms of technology financing, SpaceX needs the right financing infrastructure – corporate venture arm, the crowdfunding platform, initial coin offering, as well as debt and equity financing to accelerate the process of commercialisation. As the project moves forward, Hyperloop technology would create a market for itself (innovation to create the demand and not demand to create innovation).v

Although the body of literature on technology management is already voluminous, there has been a scarcity of past research devoted to elucidating the technology disruption and technology financing. This research study has applied the concepts of technology S-curves to better understand if SpaceX Hyperloop would bring about a paradigm shift or revolution in the future of the transportation industry. The research findings would help fill an identified knowledge gap in the body of research in technology disruption and financing.

For at least three decades, inter-organizational collaboration (IOC) has attracted scholarly attention and many studies have unveiled its inner dynamics. More recently, new phenomena have appeared in the changing landscape of IOC, affecting the way in which organizations are open to interact with, and rely upon, other actors that may be standalone entities as well as representatives of other organizations. These actors operate “betwixt and between” the organizational core and its external environment(s), populating a liminal space located at the organization’s boundary in which activities take place according to non-proprietary and non-employment logics. The authors focus on the forms of collaboration, which blur the lines between organizations, calling into question the fundamental label of crowd-focused IOCs. The authors consider two forms: crowd-open and crowd-based organizations. The authors show the organizational design impact of openness spans from the mere scalability associated with organizational growth to the phenomena of reshaping formalization and standardization of roles and processes, and self-organizing over time.

The purpose of this paper is to briefly review the development of drive tourism in the past 75 years, highlight contemporary issues that will shape the structure of drive tourism in the near future and speculate on how drive tourism may develop in future decades.

The paper draws on a range of academic and grey literature to identify the major trends that are now emerging in the drive tourism sector. These trends form the basis for observations on how new and emerging technologies such as autonomous vehicles may offer new drive tourism opportunities in coming decades.

Recent and near-future advances in automobile technologies, including propulsion and control, are likely to radically alter the structure and operation of drive tourism, offering new opportunities for participation in this form of tourism. The paper observes that the tourism industry must act in a proactive rather than reactive manner if it is to maximise the opportunities that will emerge “from” the coming period of climate change and technology-generated disruption.

Drive tourism has opened many previously remote areas for tourism bringing benefits such as employment and business opportunities. However, the growth of drive tourism may also have social costs including disruption to local social norms as people migrate into and out of these areas in search of new economic opportunities. Future developments in drive tourism may create similar disruptions.

Despite the size and value of the global drive tourism market, academic investigation has been limited. The value of this paper lies in its identification of a range of issues that need further research, including the need to rethink the structure of drive tourism and how new technologies and future responses to climate change may affect this sector.

A vast proportion of global megaprojects have not performed up to the expectations of their stakeholders. A failed megaproject has the potential even to derail the economy of a country where it was implemented. Stakeholders must, therefore, ensure that they do not invest in megaprojects that are bound to fail. But, how can stakeholders consistently identify such megaprojects? This paper develops a framework for a metric that can help stakeholders measure the readiness of a megaproject.

A comprehensive literature review identified 19 critical success factors of megaprojects. These success factors were integrated into a fuzzy-based model to develop the megaproject readiness metric. An assessment team studied the levels of presence and importance of these success factors in a candidate megaproject to derive its readiness.

The readiness-based model provides stakeholders valuable insights into the strong and weak areas of a megaproject. It can help stakeholders prioritize and systematically eliminate the identified weaknesses and improve megaproject readiness. While the model was tested on a metro rail megaproject, it can be used on any megaproject across domains.

This paper adopts the concept of readiness for the domain of megaprojects. Besides the readiness measurement framework, a vital contribution of this research is its application to a real-life case. Future research can include more granular success factors to improve the estimate of megaproject readiness.

This chapter introduces its readers to the concept of tourism. It sheds light on the rationale for tourism, as it explains the tourists’ inherent motivations to travel. It also describes different aspects that together make up the tourism industry. Tourists travel to destinations that are accessible to them. They require accommodation if they are visiting a place for more than 24 hours. Leisure and business travellers may also visit attractions, and engage in recreational activities. Hence, the tourist destinations should have the right amenities and facilities. In this light, this chapter clarifies how destinations may offer different products to satisfy a wide array of tourists. Tourism products can include urban (or city) tourism, seaside tourism, rural tourism, ecotourism, wine tourism, culinary tourism, health tourism, medical tourism, religious tourism, cultural (or heritage) tourism, sports tourism, educational tourism, business tourism (including meetings, incentives, conferences and events), among others.

This paper aims to attempt to synthesize the evidence in literature on the link between passion and passion outcomes to propose a parsimonious framework of entrepreneurial passion and venture performance based on the theory of social cognition, identity and self-regulation.

A detailed review of empirical and conceptual articles related to the topic was the adopted methodology. An eclectic synthesis of the evidence guided the development of the framework as proposed.

Empirical review of the related studies reveals that the link between entrepreneurial passion and venture performance is distal. Based on the theoretical foundation of the study, entrepreneurial passion is proposed to have a direct link on venture performance and an indirect link mediated by goal-setting, entrepreneurial behavior and entrepreneurial self-efficacy. Control variables proposed include age, sex, size, work experience or tenure and self-regulation or feedback.

Entrepreneurial passion is conceived as an experienced construct conceptualized as the interaction of intense positive feeling and identity centrality associated with venture outcomes defined as opportunity recognition, venture creation/growth and threshold performance.

The study provides a parsimonious framework of entrepreneurial passion and venture performance that includes goals, entrepreneurial behavior and self-efficacy as mediator variables and age, sex, size, work experience or tenure and self-regulation or feedback as control variables.

The framework extends the ontological field of entrepreneurial passion, which can be validated by empirical research.

The purpose of this paper is to conduct a critical analysis of the commonly projected visions on the future of built environment, focusing on transformative research. The primary question is will the construction sector be able to make the projected transformative leap even if the history of technology adoption in construction suggests otherwise? And, what role can academic research play?

This paper is based on a reflective research and qualitative review of academic articles, white papers and reported projections for the future of construction. The reflections are based on discussions with colleagues and students, including thought experiments.

There is a general agreement across various sources about the key technical and social drivers for the future of construction. However, these projections seem to be emanating from industry insiders, and more diversity and creativity is needed in exploring alternative possibilities.

The paper should be useful for researchers in assessing their research strategy, especially those aiming to focus on the future of construction and transformative research. The findings of this paper suggest the need for collaboration and explorations with diverse disciplines, including those that may not appear immediately connected to digital construction.

The paper should be useful for individuals and organizations, especially start-ups that are seeking novel opportunities to disrupt the future of construction.

The originality and value of this research lies in a timely critique of the commonly projected trends in the future of digital construction. The use of reflective research and thought experiments emphasizes the need for divergent thinking and creative research methods in construction research.