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Article
Publication date: 11 April 2018

John Rodney Turner and Yan Xue

The purpose of this paper is to develop a new model for the success of megaprojects. Megaprojects are often said to fail because they finish late and/or overspent. As…

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Abstract

Purpose

The purpose of this paper is to develop a new model for the success of megaprojects. Megaprojects are often said to fail because they finish late and/or overspent. As megaprojects are usually complex, so small changes in input can lead to disproportionate changes in output. So the time and cost targets at the start can have little validity. They are useful targets, not values which can be used to judge success or failure. The authors suggest that a megaproject is a success if it produces a worthwhile result at a time and cost that makes it valuable.

Design/methodology/approach

The authors develop a new model for the success of megaprojects, and asses its applicability against a number of case studies from well-known sources.

Findings

The authors identify four dimensions of megaproject success: they produce an output at a time and cost that makes it valuable; they achieve the desired outcome and benefit at a time and cost that makes them valuable; they deliver positive net present value; and they deliver a business or public need at a time and cost which makes it valuable.

Research limitations/implications

The authors propose a new model for megaproject success that moves away from the so-called iron triangle or triple constraint, which are meaningless in the context of complex projects. Time and cost to completion cannot be predicted on complex projects. However, targets are required because a megaproject must produce a valuable outcome at a time and cost that makes it valuable.

Practical implications

The paper produces a new way of assessing the success of megaprojects which will lead to a larger number of megaprojects being assessed to be successful. It indicates what is truly important, that the megaproject should produce and outcome of value at a time and cost that makes it valuable.

Social implications

Megaprojects often produce benefits to society over and above the financial benefits. Often an economic benefit cannot be paced on these social benefits, which makes it problematic to assess the value of the project. In one of the cases economic value was placed on the social benefits, and the benefit:cost ratio was increased from 0.85 to 2.5.

Originality/value

The authors propose a new model for the success of megaprojects.

Details

International Journal of Managing Projects in Business, vol. 11 no. 3
Type: Research Article
ISSN: 1753-8378

Keywords

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Article
Publication date: 26 May 2020

Alenka Temeljotov Salaj, Savis Gohari, Coline Senior, Yan Xue and Carmel Lindkvist

The purpose of this paper is to test possibilities of real participation in FM field in response to the energy sustainable demand by using new technologies for better…

Abstract

Purpose

The purpose of this paper is to test possibilities of real participation in FM field in response to the energy sustainable demand by using new technologies for better communication. It is acknowledged that the technological innovation is a necessary condition to make a city sustainable, though the challenge is not primarily on technology but on service transformation and improvement. Improving service quality requires the participatory and synergetic processes that attract an extra attention to the social and management aspects of urban planning.

Design/methodology/approach

This is an evidence-based research, which shows how FM can extent its impact on the build environment and society by bringing the socio-physiological aspect and the community in the central of the planning and design process.

Findings

An “urban” facility manager, through integration of multiple disciplines in a human-centre approach, can become the enabler and implementer of sustainable urban ecosystem, i.e. balancing social, economic and environmental pillars. This requires central involvement of FM in the planning and decision-making processes; therefore, its role and impact should be enlarged and better communicated. The enlargement of the FM's role initially requires an effective communication with people, whose behavioural change are prerequisite for the sustainability transition. The communication between FM and people should be interactive and iterative, in which they both define problems/needs and co-create the relevant solutions.

Research limitations/implications

This paper depicts an evidence-based FM practice, in which the website as an interactive tool is co-designed by the “facility management” students and the citizens to contribute to the real citizen participation in an effective communication process.

Originality/value

The high value for both, citizens and facility manager, is co-created information platform for upgrading the sustainability level and well-being in the communities. The tool is seen as an important starting contribution for the Paris climate agreement, and as a step toward human-centric-oriented urban sustainable regenerating project.

Details

Facilities , vol. 38 no. 11/12
Type: Research Article
ISSN: 0263-2772

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Article
Publication date: 3 August 2020

Huimin Liu, Yanru Yu, Yuxing Sun and Xue Yan

The owners of mega projects typically assemble multiple academic research units and enterprises to form an innovation alliance, which carries out knowledge transfer and…

Abstract

Purpose

The owners of mega projects typically assemble multiple academic research units and enterprises to form an innovation alliance, which carries out knowledge transfer and knowledge creation targeting technical challenges in the process of engineering construction. Due to high technical and management complexity of mega projects, factors affecting knowledge transfer among innovation subjects are complex and diverse. This study proposes a mixed system dynamics (SD) method to build and simulate the process of knowledge transfer in mega projects innovation and analyzes the driving mechanism that enhances knowledge stock of enterprises and engineering innovation results.

Design/methodology/approach

First, this paper proposes a conceptual model for knowledge transfer in mega projects by adopting event analysis of the data gained from investigations and interviews. Then, a qualitative model of knowledge transfer that considers mutual influences of the owner, academic research unit and enterprises is developed. Based on that, mathematical relationship among variables of the qualitative model is determined and a quantitative model of knowledge transfer that considers heterogeneity of knowledge sender is built. Finally, simulation is achieved using Vensim software.

Findings

The factors affecting knowledge stock of enterprises are analyzed from three aspects: (1) the individual motives and capability of academic research units and enterprises; (2) the gap between academic research units and enterprises; (3) the heterogeneity of academic research units. The results show that the willingness and capability of knowledge reception by enterprises, specific knowledge transfer context such as relational distance and organization distance between academic research units and enterprises and academic research units with high knowledge stock have key influences on the knowledge stock of enterprises.

Research limitations/implications

Factors affecting knowledge transfer within the alliance of innovation in mega projects and their correlations are highly complicated and difficult to determine. Despite massive investigations and interviews on many long-span bridges in China in this study, it is barely possible to directly obtain accurate data for all variables in the model. Limitations of historical data result in limitations on applications of the proposed model.

Practical implications

By building the mega projects knowledge transfer model and conducting simulation analysis, this paper has generated practical values for the owners of mega projects on fostering, organizing, coordinating and managing of innovations. Especially, this study provides specific strategies and suggestions on selection of innovation subjects, motivation and guaranteed efficiency of knowledge transfer and knowledge creation of academic research units and enterprises.

Originality/value

This study proposes a conceptual model for factors affecting knowledge transfer that applies to innovations in mega project context, which fills the gap in the research of knowledge management in mega project innovations. Additionally, combining with the method of SD, the unique role of owner in knowledge transfer of mega projects and the differences among various knowledge senders and their influences on knowledge stocks of enterprises are thoroughly considered, and the research method of modeling and simulation of knowledge transfer mechanism is supplemented and extended.

Details

Engineering, Construction and Architectural Management, vol. 28 no. 3
Type: Research Article
ISSN: 0969-9988

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Article
Publication date: 1 January 2016

Xianghong Lv, Guoxian Zhao, Fuxiang Zhang, Xiang Tong Yang, Dan Ba, Junfeng Xie and Yan Xue

The purpose of this investigation was to study the function mechanisms of a corrosion inhibitor package used for martensitic stainless steel tubulars in acid solution at…

Abstract

Purpose

The purpose of this investigation was to study the function mechanisms of a corrosion inhibitor package used for martensitic stainless steel tubulars in acid solution at high temperatures.

Design/methodology/approach

The inhibition performance was evaluated by means of an acid corrosion test at high temperature and high pressure, and the functional mechanism of the inhibitor package at different temperatures was investigated using polarization curve and electrochemical impedance spectroscopy measurements.

Findings

The results showed that the corrosion inhibitor package chosen for high-temperature and high-pressure gas well applications was very suitable for use with 13Cr super martensitic stainless steel. At lower temperatures, the function mechanism of the corrosion inhibitor package was characterized as a type of negative catalytic effect. As the temperature was increased, the effect of the intensifier in the package became more significant and the function mechanism changed to be the geometric covering effect type.

Originality/value

This study has the important practical value for guiding the oil field to conduct reasonable screening and using the acidizing corrosion inhibitor for martensite stainless steel tubulars.

Details

Anti-Corrosion Methods and Materials, vol. 63 no. 5
Type: Research Article
ISSN: 0003-5599

Keywords

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Book part
Publication date: 18 July 2018

Mengwei Tu

Abstract

Details

Education, Migration and Family Relations between China and the UK: The Transnational One-Child Generation
Type: Book
ISBN: 978-1-78714-673-0

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Article
Publication date: 4 July 2016

Yao-Wen Xue and Yan-Hua Zhang

To implement a risk-based regulatory approach, this paper aims to make an assessment on customers' money laundering risk and conducts some applications.

Abstract

Purpose

To implement a risk-based regulatory approach, this paper aims to make an assessment on customers' money laundering risk and conducts some applications.

Design/methodology/approach

During the transition of a regulatory approach from “rule-based” to “risk-based”, this paper considers that the area of a customer, types of business and the industries to which the customer belongs are the main indicators to judge money laundering risk of a customer. Based on the statistical analysis of 221 typical money laundering cases, first-class index weights are given by using the entropy weight method and then by combining with the membership function, this paper determines a customer’s money laundering risk levels. On the basis of the entropy weight method, this paper uses the C5.0 algorithm to construct a decision tree model and then carries out application research on customer money laundering risk assessment to verify the effectiveness of the entropy weight method and the decision tree model.

Findings

This empirical research found the weights of three key money laundering indicators: customer areas, business types and corresponding industries.

Originality/value

Asserting that current money laundering risk assessments of customers are marginal at best, this paper contends from the perspective of practice, and applies the entropy weight method and the decision tree model for money laundering risk assessment of customers.

Details

Journal of Money Laundering Control, vol. 19 no. 3
Type: Research Article
ISSN: 1368-5201

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Article
Publication date: 21 September 2012

Cheng‐jun Wang

The purpose of this paper is to study the triple helix (TH) of Chinese university‐industry‐government relationships.

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1934

Abstract

Purpose

The purpose of this paper is to study the triple helix (TH) of Chinese university‐industry‐government relationships.

Design/methodology/approach

Following an evolution path of TH in China, the relations among the actors for innovation have been analyzed and then it is realized that it is not university‐government‐academe relations, but “university‐industry‐government relations”.

Findings

The paper points out some limitations and flaws of university‐industry‐academy and brings forward the evolutionary path to TH of university‐industry‐government collaboration and development to cope with these practical and theoretical problems.

Originality/value

The author asserts that university‐industry‐government should be affirmed, not university‐industry‐academy in China for truth, which can dialogue with international academic circles.

Details

Journal of Knowledge-based Innovation in China, vol. 4 no. 3
Type: Research Article
ISSN: 1756-1418

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Book part
Publication date: 14 December 2018

Wenyi Xia, Kun Wang and Anming Zhang

This chapter reviews three main issues in the interactions between air transport and high-speed rail (HSR) in China, namely the interaction between low-cost carriers…

Abstract

This chapter reviews three main issues in the interactions between air transport and high-speed rail (HSR) in China, namely the interaction between low-cost carriers (LCCs) and HSR, HSR speed effect on airlines, and airline–HSR integration. Studies on these three aspects of airline–HSR interactions have yet been well reviewed, and our chapter aims to fill in this gap. In this chapter, we comprehensively survey literature on the topics, especially studies on Chinese markets that have recently witnessed major HSR developments (and have planned further large-scale HSR expansion in the coming years). Our review shows that, first, compared to full-service carriers, LCCs face fiercer competition from HSR. However, the expansion of HSR network in China can be better coordinated with LCC development. Second, HSR speed exerts two countervailing effects on airline demand and price (the “travel-time” effect and “safety” effect, respectively). Specifically, an HSR speed reduction can have a positive effect on airlines due to longer HSR travel time, but a negative effect on airlines due to improved perception on HSR safety. Third, airline–HSR integration can be implemented through cooperation between airlines and HSR operators and through co-location of airports and HSR stations and can have important implications for intermodal transport and social welfare.

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Article
Publication date: 4 July 2008

Ping Ping Fu, Xue Huang Yan, Yongjuan Li, Erping Wang and Siqing Peng

The purpose of this paper is to explore answers to two research questions: what types of conflicts do top management team (TMT) members in Chinese firms deal with; and…

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Abstract

Purpose

The purpose of this paper is to explore answers to two research questions: what types of conflicts do top management team (TMT) members in Chinese firms deal with; and what approaches do they take to handle them?

Design/methodology/approach

Interview data were collected from 52 TMT members in 16 Chinese entrepreneurial high tech firms, and were transcribed, coded and analyzed according to Thomas's typology of conflict handling approaches.

Findings

Results show that conflicts in those TMTs were mostly task‐related and integration/ collaboration was the most frequently used approach to handle conflicts, in contrast to the findings of previous studies with Chinese managers that reported avoidance to be most preferred. It was found that the most preferred approach used in the team also relates to the leadership style of the team leader.

Research limitations/implications

Methodologically, the paper did not apply any quantitative approach to triangulate the findings for greater reliability nor did it propose predictors of any type of conflict‐handling approach. Also, analyses were done at the individual level. However, the results add to the conflict‐resolution literature, and provide insights on conflict resolution processes in Chinese TMTs, which, in turn, will help to understand better Chinese TMT processes.

Practical implications

The results provide very practical guidance to TMTs and help generalize the theories that have been developed based on Western practices.

Originality/value

The study is first of its kind to examine conflict type and conflict handling approaches; and in Chinese high tech firms. It offers some interesting insights to the topic.

Details

International Journal of Conflict Management, vol. 19 no. 3
Type: Research Article
ISSN: 1044-4068

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Article
Publication date: 9 January 2020

Zhixia Zang, Ke Tan, Xue Yang, Chengjue Wang and Geng Li

This study aims to investigate the factors and mechanism which influence the doctor’s social and economic benefits from the perspective of social capital.

Abstract

Purpose

This study aims to investigate the factors and mechanism which influence the doctor’s social and economic benefits from the perspective of social capital.

Design/methodology/approach

This paper mainly investigates the factors and mechanism influencing the doctor's social and economic benefits from the perspective of social capital and then constructs a doctor's social capital model and discusses the effects of doctor's social capital on their economic and social benefits; what is more, this paper also considers the moderating effect of patients’ group behavior.

Findings

The results show that the doctor's social capital has a positive and significant effect on doctor's economic benefits, while it has a negative and significant effect on doctors' social benefits. Patients’ group behavior plays an important moderating role; in particular, the number of online patients of doctors can effectively strengthen follow-up patients’ positive perception of the doctor capital, while the number of offline patients has a negative effect on doctors’ economic benefits, but it can reduce its negative impact on doctors’ social benefits by establishing trust between patient and physician.

Originality/value

This paper enriches the relevant research of social capital theory in the medical field and broadens the research about online health care. For platforms, they should give more attention to doctors and their income issues, which is of great significance for their healthy and sustainable development.

Details

Nankai Business Review International, vol. 11 no. 1
Type: Research Article
ISSN: 2040-8749

Keywords

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