Zerjav, V;
(2017)
Technology, Business, or Resource? Towards an Architecture of Value Creation in Infrastructure Projects.
(15th Engineering Project Organization Conference with 5th International Megaprojects Workshop
).
Engineering Project Organization Society: Lake Tahoe, California.
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Abstract
The aim of the paper is to develop a conceptual framework for understanding infrastructure as a domain of cross-disciplinary inquiry in general and infrastructure projects as a unit of analysis in particular. By drawing upon a diverse body of work in technology and design studies, business studies and neo-institutional economics, the paper derives a set of working propositions pointing towards infrastructure projects as vehicles to develop mature technologies, business systems, and shared resources as the three important functions that infrastructure performs for the society. Integrating this theoretical framework with the extant studies on projects as temporary organisations and systems lifecycle value creation, the paper then derives a propositional typology of resulting value destruction patterns. These patterns can be seen as hypothetical situations, in which projects fail to generate and deliver value to their users - thus incapacitating the value capture processes further down the road. The utility of the propositional typology developed is that it allows for a greater conceptual clarity in understanding the value mechanics for infrastructure projects. Finally, the paper argues that the phenomena of value and their dynamics in infrastructure projects is a promising area for future inquiry.
| Type: | Working / discussion paper |
|---|---|
| Title: | Technology, Business, or Resource? Towards an Architecture of Value Creation in Infrastructure Projects |
| Location: | Stanford Sierra Camp, California |
| Dates: | 05 June 2017 - 07 June 2017 |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | https://epossociety.org/epoc-2017 |
| Language: | English |
| Additional information: | This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | Infrastructure policy, Governance and finance, Project organising, Value creation, Innovation studies, Management of Projects |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett Sch of Const and Proj Mgt |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10084955 |
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