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Adoption of Blockchain Technology in International Entrepreneurship: Strategic Framework for Managing Roadblocks 在国际创业中采用区块链技术:管理障碍的战略框架
IF 5.2 3区 管理学 Q1 BUSINESS Pub Date : 2025-09-25 DOI: 10.1109/TEM.2025.3614554
Soumya Prakash Patra;Rohit Agrawal;Rajesh Kumar Singh;Qile He
Blockchain technology (BCT) is emerging as a disruptive innovation in increasingly globalized business ventures. It is believed to offer important benefits to international entrepreneurs, such as reducing transaction cost and risk of fraud, creating better transactional trust, and avoiding exploitation by business partners. However, BCT can bring changes to the business world only if it gets adopted by industries across all spectrums. International entrepreneurs are amongst the critical groups of adopters of BCT. Based on multiple theoretical perspectives, this article identifies and categorizes key barriers to adopting BCT by international entrepreneurs. A survey of BCT field experts was conducted to validate 15 key barriers to BCT adoption. Furthermore, based on pairwise comparison data collection with three groups of international entrepreneurs from India and U.K., a decision-making methodology was adopted to identify the relative importance and the causal relationships among the key barriers. This study develops a framework of strategic solutions to address barriers of BCT adoption by international entrepreneurs. This study offers stakeholders of BCT to better understand the patterns of BCT adoption by international entrepreneurs and will support the development of more targeted and multifaceted BCT adoption strategies.
区块链技术(BCT)在日益全球化的商业活动中正在成为一种颠覆性创新。它被认为为国际企业家提供了重要的好处,例如降低交易成本和欺诈风险,创造更好的交易信任,避免商业伙伴的剥削。然而,只有在所有行业都采用BCT的情况下,它才能给商业世界带来变化。国际企业家是采用BCT的关键群体之一。本文基于多种理论视角,对国际企业家采用创业型商业行为的主要障碍进行了识别和分类。对BCT现场专家进行了一项调查,以验证采用BCT的15个主要障碍。此外,基于对来自印度和英国的三组国际企业家的两两比较数据收集,采用决策方法来确定关键障碍之间的相对重要性和因果关系。本研究开发了一个战略解决方案框架,以解决国际企业家采用BCT的障碍。本研究将帮助BCT的利益相关者更好地了解国际企业家采用BCT的模式,并将支持制定更有针对性和多方面的BCT采用战略。
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引用次数: 0
Robust Decisions of Omnichannel Retail Operations for an Overconfident Manufacturer Considering Short Life-Cycle Products and Cap-and-Offset Policy 考虑产品生命周期短和限额抵消政策的过度自信制造商全渠道零售运营稳健决策
IF 5.2 3区 管理学 Q1 BUSINESS Pub Date : 2025-09-17 DOI: 10.1109/TEM.2025.3609983
Qingguo Bai;Lei Xu
With the introduction of buy-online-and-pickup-in-store (BOPS) services, it has been unclear whether physical stores should have their own online channels when overconfident behavior, carbon abatement, and incomplete demand information are considered in the manufacturer’s operations. This practical issue motivates us to investigate an overconfident manufacturer under a cap-and-offset policy who sells products through the omnichannel retail model. Three types of customers in this model are classified, and only the expectation and variance of stochastic demand are captured. The operational stages related to production, inventory, and transportation contribute to carbon emissions. We first consider the self-operated online channel and the independent channel and develop two corresponding distributionally robust newsvendor models. The analytic expression of the optimal robust manufacturing quantity for each model is solved. We compare the operational efficacy of an overconfident manufacturer in the self-operated online system with that in the independent system. The results show that the net profit from selling each unit item to online customers is a significant factor in comparing the profit and carbon emissions of overconfident manufacturers in the two omnichannel retail systems. Numerical experiments are conducted to complement the theoretical models and examine the effects of several major parameters on the two systems in the omnichannel retail model. This article provides the manufacturer with valuable knowledge of the robust manufacturing strategy and integration between the online and offline channels under the omnichannel retail model.
随着网上购买和店内提货(BOPS)服务的引入,当考虑到制造商运营中的过度自信行为、碳减排和需求信息不完整时,实体店是否应该拥有自己的在线渠道一直是不明确的。这一实际问题促使我们研究一个过度自信的制造商在限额与抵消政策下,通过全渠道零售模式销售产品。该模型对三种类型的客户进行了分类,只捕获了随机需求的期望和方差。与生产、库存和运输相关的操作阶段会产生碳排放。我们首先考虑了自营在线渠道和独立渠道,并建立了两种相应的分布稳健的报贩模型。求解了各模型的最优鲁棒制造量的解析表达式。我们比较了过度自信的制造商在自营在线系统和独立系统中的运营效率。结果表明,在两种全渠道零售体系下,过度自信制造商的利润和碳排放比较中,向在线消费者销售每件商品的净利润是一个重要因素。通过数值实验对理论模型进行了补充,并考察了全渠道零售模型中几个主要参数对两种系统的影响。本文为制造商提供了在全渠道零售模式下稳健的制造策略和线上线下渠道整合的宝贵知识。
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引用次数: 0
Exaggeration or Concealment: Corporate Social Responsibility Strategy in the Blockchain Era 夸大还是隐瞒:bb0时代的企业社会责任战略
IF 5.2 3区 管理学 Q1 BUSINESS Pub Date : 2025-09-16 DOI: 10.1109/TEM.2025.3610266
Xiutian Shi;Qiaoli Lai;Ciwei Dong;Siru Chen
Supplier greenwashing behaviors in corporate social responsibility (CSR) have become increasingly notable, often involving exaggerated claims about CSR initiatives or diverting resources to conceal violations. In this article, we develop a game-theoretic model to investigate the motivation of greenwashing and its intricate economic and social consequences, and explore whether blockchain technology can effectively enhance CSR efforts. We find that the tradeoff between exaggeration and concealment inherent in greenwashing plays a significant role in CSR strategy selection and corresponding performances. Specifically, if the exaggerating effect dominates greenwashing, the supplier has an incentive to adopt blockchain for self-certification in CSR activities. Conversely, when the concealment effect prevails, opportunistic behavior is more likely to occur. However, the integrative greenwashing coefficient has polarized impacts on the optimal CSR effort level, retailer’s profit, and consumer surplus. We unveil that blockchain implementation achieves the highest social welfare when the exaggeration of greenwashing plays a more prominent role, particularly when the CSR violation penalty is relatively subtle for both firms. Interestingly, we observe that greenwashing, despite its negative connotations, can eventually stimulate CSR efforts due to the incremental demand induced by exaggerated disclosures, ultimately leading to the highest social welfare.
供应商在企业社会责任(CSR)中的“漂绿”行为越来越引人注目,通常涉及夸大企业社会责任倡议或转移资源以掩盖违规行为。在本文中,我们建立了一个博弈论模型来研究绿色清洗的动机及其复杂的经济和社会后果,并探讨区块链技术是否可以有效地提高企业社会责任的努力。研究发现,“漂绿”所固有的夸大与隐瞒之间的权衡在企业社会责任战略选择和相应绩效中起着重要作用。具体而言,如果夸大效应占主导地位,则供应商有动机在企业社会责任活动中采用区块链进行自我认证。相反,当隐藏效应盛行时,机会主义行为更有可能发生。然而,综合漂绿系数对企业社会责任最优努力水平、零售商利润和消费者剩余的影响呈两极分化。我们发现,当“洗绿”行为的夸张作用更为突出时,特别是当两家企业违反企业社会责任的处罚相对微妙时,区块链的实施实现了最高的社会福利。有趣的是,我们观察到,尽管“漂绿”具有负面含义,但由于夸大披露所导致的增量需求,最终可以刺激企业的社会责任努力,最终实现最高的社会福利。
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引用次数: 0
Exploring the Interplay of Sensemaking, Market Agility, and Information Technology Alignment in Business Model Innovation 探索商业模式创新中意义制造、市场敏捷性和信息技术对齐的相互作用
IF 5.2 3区 管理学 Q1 BUSINESS Pub Date : 2025-09-15 DOI: 10.1109/TEM.2025.3609246
Usama Awan;Ismail Golgeci;Anne-Laure Mention
Manufacturing firms are facing the complex challenge of deploying information technology (IT) alignment and establishing market agility to drive business model innovation (BMI). While existing literature has established a link between organizational sensemaking and BMI, the interaction between market agility and organizational sensemaking for BMI remains unexamined. Drawing from a knowledge base view, this study addresses this research gap by examining the moderating effect of IT alignment on the mediating role of market agility in the relationship between sensemaking capability and BMI. Our data, collected from 232 engineering manufacturers, along with the application of PLS-SEM to test the conceptual model, reveal that the effect of organizational sensemaking capability on BMI through market agility depends on IT alignment. These findings enhance our understanding of IT alignment’s role in a firm’s development of BMI via market agility, providing valuable implications for managerial practices by underscoring the importance of IT alignment for BMI. By grasping this interaction, managers can unlock the potential for more effective and innovative business models, fostering enhanced competitiveness and sustained growth.
制造企业正面临着部署信息技术(IT)对齐和建立市场敏捷性以推动商业模式创新(BMI)的复杂挑战。虽然现有文献已经建立了组织意义制定和BMI之间的联系,但市场敏捷性和组织意义制定之间的相互作用仍然没有得到检验。本研究从知识库的角度出发,通过考察IT一致性对市场敏捷性在语义能力和BMI之间的中介作用的调节作用,解决了这一研究空白。我们收集了来自232家工程制造商的数据,并应用PLS-SEM对概念模型进行了测试,结果表明,组织语义能力通过市场敏捷性对BMI的影响取决于IT一致性。这些发现增强了我们对IT一致性通过市场敏捷性在公司BMI发展中的作用的理解,通过强调IT一致性对BMI的重要性,为管理实践提供了有价值的启示。通过掌握这种相互作用,管理人员可以释放出更有效和创新的商业模式的潜力,促进增强的竞争力和持续增长。
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引用次数: 0
Toward a Mature Body of Knowledge: A Meta-Analysis of Antecedents to Infrastructure Project Environmental and Social Sustainability 走向成熟的知识体系:基础设施项目环境和社会可持续性前因的元分析
IF 5.2 3区 管理学 Q1 BUSINESS Pub Date : 2025-09-11 DOI: 10.1109/TEM.2025.3609335
Wenjing Li;Shuibo Zhang;Ying Gao;Qiuhao Xie
Despite a substantial body of literature addressing the environmental and social sustainability (ESS) of infrastructure projects, empirical findings regarding the effect sizes of ESS antecedents remain dispersed and ambiguous. This study develops a theoretical framework and conducts a meta-analysis of 78 empirical studies to investigate the relationships between ESS and its 11 antecedents. We propose a structured framework for understanding the complex drivers of ESS. The antecedents are categorized into three domains: project governance (encompassing both interorganizational governance and intraorganizational governance); internal resources and capabilities (including internal resources, organizational capabilities, employee-level cognition and organizational opportunity recognition); and institutional environment (characterized by coercive, normative, and mimetic pressures). Our findings reveal a significant positive association between all three antecedent categories and ESS outcomes. Moreover, national cultures and measurement of ESS demonstrate significant moderating effects on the relationships between ESS and its antecedents, underscoring the role of contextual contingencies. Notably, the results demonstrate that the antecedents are complementary in enhancing ESS, rather than acting in isolation. By aggregating and synthesizing existing research, this study contributes to the ESS and engineering management literature by quantifying the relationship between ESS and its antecedents, emphasizing the fundamental role of contingent factors, and establishing a cohesive conceptual framework that elucidates the mechanisms linking ESS and its antecedents.
尽管有大量文献论述了基础设施项目的环境和社会可持续性(ESS),但关于ESS前因效应大小的实证研究结果仍然分散且模棱两可。本研究建立了一个理论框架,并对78项实证研究进行了荟萃分析,以探讨ESS与其11个前因之间的关系。我们提出了一个结构化的框架来理解ESS的复杂驱动因素。前因可分为三个领域:项目治理(包括组织间治理和组织内治理);内部资源和能力(包括内部资源、组织能力、员工层面认知和组织机会认知);制度环境(以强制性、规范性和模仿性压力为特征)。我们的研究结果揭示了所有三个前因类别与ESS结果之间的显著正相关。此外,国家文化和ESS测量对ESS及其前因之间的关系显示出显著的调节作用,强调了语境偶然的作用。值得注意的是,结果表明,前词在增强ESS方面是互补的,而不是孤立的。本研究通过对现有研究的汇总和综合,通过量化ESS及其前因之间的关系,强调偶然因素的基本作用,并建立一个有凝聚力的概念框架来阐明ESS及其前因的联系机制,为ESS和工程管理文献做出贡献。
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引用次数: 0
Block the Adblockers? Strategic Choices of Competing Platforms and Their Impacts 阻止广告拦截器?竞争平台的战略选择及其影响
IF 5.2 3区 管理学 Q1 BUSINESS Pub Date : 2025-09-10 DOI: 10.1109/TEM.2025.3608256
Himanshu Joshi;Govind Lal Kumawat;Suyog Nigudkar
In recent years, the widespread adoption of adblockers has created significant challenges for digital platforms (e.g., websites) by limiting their ability to monetize content through advertising. In response, platforms have adopted divergent ad-recovery strategies: some deploy gates (antiadblock walls) that block access to users with adblockers, while others allow unrestricted access. Motivated by these contrasting industry practices, this article investigates whether and under what conditions platforms adopt the gating strategy. We develop a game-theoretic model in a duopoly setting, incorporating user heterogeneity and same-side network effects, to analyze the strategic decisions of competing platforms. Our analysis yields several important insights. First, in equilibrium, platforms adopt symmetric ad-recovery strategies: either both use gating, or both use no-gating, driven by the interplay between gating costs and ad revenue. Second, regardless of the competitor’s strategy, a platform adopting gating sets a lower ad intensity than one that does not. Third, contrary to general intuition, we find that blocking adblockers does not always improve a platform’s profit. When the cost of deploying and maintaining gating technologies is sufficiently high, the net profitability of gating may fall below that of the no-gating alternative. Finally, although consumer surplus declines under gating, social welfare may increase when gating costs are low, as the gain in platform revenue offsets the consumer utility loss.
近年来,广告拦截器的广泛采用限制了数字平台(如网站)通过广告将内容货币化的能力,给数字平台(如网站)带来了重大挑战。作为回应,平台采取了不同的广告恢复策略:一些平台部署了“门”(反广告拦截墙),阻止带有广告拦截器的用户访问,而另一些平台则允许不受限制的访问。在这些截然不同的行业实践的推动下,本文调查了平台是否以及在什么条件下采用了闸门策略。我们在双寡头环境下建立了一个博弈论模型,将用户异质性和同侧网络效应纳入其中,以分析竞争平台的战略决策。我们的分析得出了几个重要的见解。首先,在平衡状态下,平台采用对称的广告恢复策略:要么使用限制,要么不使用限制,这是由限制成本和广告收入之间的相互作用驱动的。其次,不管竞争对手的策略是什么,采用门控的平台所设置的广告强度都低于不采用门控的平台。第三,与一般的直觉相反,我们发现屏蔽广告拦截器并不总能提高平台的利润。当部署和维护门控技术的成本足够高时,门控的净盈利能力可能低于无门控的替代方案。最后,尽管消费者剩余在闸门下下降,但当闸门成本较低时,社会福利可能会增加,因为平台收入的增加抵消了消费者效用的损失。
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引用次数: 0
Light Trumps Shadow? How Generative AI Agent’s Language Arousal Influences Users’ Interactive Willingness: Evidence From Multimodal Analysis 光明胜过阴影?生成式AI智能体的语言唤醒如何影响用户的交互意愿:来自多模态分析的证据
IF 5.2 3区 管理学 Q1 BUSINESS Pub Date : 2025-09-10 DOI: 10.1109/TEM.2025.3608461
Shizhen Bai;Hao He;Chunjia Han;Mu Yang;Zhifang Li;Weijia Fan
This study investigates how language arousal in generative AI systems influences users’ interaction willingness, examining the roles of social identity and visual atmosphere. Drawing on the limited capacity model of motivated mediated message processing (LC4MP) and social identity theory, we constructed a theoretical model integrating language arousal, social identity, visual atmosphere, and interaction willingness, and analyzed 8809 interactions from Character. AI using multimodal methods combining linguistic analysis and visual processing. Our findings reveal that high-arousal language significantly increases interaction willingness, with social identity mediating this relationship. Most notably, we discovered a “psychological defense-curiosity paradox”: shadow visual atmospheres, despite triggering initial defensive reactions, enhance engagement more effectively than light atmospheres, challenging conventional “brighter is better” design assumptions. This research advances theory by repositioning language arousal as a direct causal variable in AI interaction, extending cognitive processing models to human–AI contexts, and demonstrating how visual elements strategically modulate psychological responses. These insights provide valuable direction for developing emotionally intelligent AI systems that effectively balance linguistic stimulation and visual atmosphere to create more engaging human–AI experiences.
本研究探讨了生成式人工智能系统中的语言唤醒如何影响用户的交互意愿,考察了社会身份和视觉氛围的作用。基于动机中介信息加工的有限容量模型(LC4MP)和社会认同理论,构建了语言唤起、社会认同、视觉氛围和互动意愿整合的理论模型,并分析了8809个角色互动。人工智能采用多模态方法,结合语言分析和视觉处理。我们的研究结果表明,高唤醒语言显著增加互动意愿,社会认同在这一关系中起中介作用。最值得注意的是,我们发现了一个“心理防御-好奇悖论”:阴影的视觉氛围,尽管引发了最初的防御反应,但比明亮的氛围更有效地增强了用户粘性,挑战了传统的“越亮越好”的设计假设。本研究通过将语言唤醒重新定位为人工智能交互中的直接因果变量,将认知处理模型扩展到人类-人工智能情境,并展示视觉元素如何战略性地调节心理反应,从而推进了理论的发展。这些见解为开发情商高的人工智能系统提供了有价值的方向,这些系统可以有效地平衡语言刺激和视觉氛围,创造更吸引人的人工智能体验。
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引用次数: 0
Uncovering Blockchain Adoption Barriers in the Automotive Industry: A Comparative Study of Electric and Traditional Vehicle Manufacturers 揭示汽车行业的区块链采用障碍:电动汽车制造商与传统汽车制造商的比较研究
IF 5.2 3区 管理学 Q1 BUSINESS Pub Date : 2025-09-10 DOI: 10.1109/TEM.2025.3608252
Avinash Chauhan;M. Vimala Rani
Blockchain technology, renowned for its transformative potential in ensuring secure and transparent transactions, plays a crucial role in enhancing efficiency and transparency within the automotive supply chain. This research delves into essential success factors for blockchain integration, employing methodologies like the PESTLE framework, analytic hierarchy process, and Technique for Order of Preference by Similarity to Ideal Solution. A comprehensive total interpretive structural modeling framework uncovers intricate relationships among factors, while Matriced’Impacts Croises Multiplication Appliquéa un Classement analysis reveals driving and dependence powers. The industry’s movement toward ethical and environmentally conscious practices is evident, though legal, environmental, and technological barriers persist. “Availability of Blockchain Skill Set” and “Education and Awareness” emerge as central factors, emphasizing the symbiotic relationship between a skilled workforce and industry-wide awareness. These factors form the foundation for overcoming barriers, paving the way for seamless blockchain integration in the automotive supply chain. In addition, a comparative analysis between electric vehicle (EV) and traditional automobile manufacturers highlights distinctive priorities, with EV manufacturers focusing on long-term sustainability and transparent supply chains, while traditional automakers strategically approach blockchain adoption, emphasizing education, secure smart contracts, and overcoming adoption challenges.
区块链技术以其在确保安全和透明交易方面的变革潜力而闻名,在提高汽车供应链的效率和透明度方面发挥着至关重要的作用。本研究采用PESTLE框架、层次分析法和理想解相似性偏好排序法等方法,深入探讨区块链集成成功的关键因素。综合的整体解释结构建模框架揭示了各因素之间的复杂关系,而矩阵影响乘乘应用分类分析揭示了驱动力和依赖力。尽管法律、环境和技术障碍依然存在,但该行业朝着道德和环保意识实践的方向发展是显而易见的。“区块链技能组合的可用性”和“教育和意识”成为核心因素,强调了熟练劳动力与全行业意识之间的共生关系。这些因素构成了克服障碍的基础,为汽车供应链的无缝集成铺平了道路。此外,电动汽车(EV)和传统汽车制造商之间的比较分析突出了不同的优先事项,电动汽车制造商专注于长期可持续性和透明的供应链,而传统汽车制造商则在战略上采用区块链,强调教育、安全智能合约和克服采用挑战。
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引用次数: 0
Why Do B2B Platforms Fail? The Missing Links in Identity, Architecture, and Network Effects in Industrial Ecosystems 为什么B2B平台会失败?工业生态系统中身份、架构和网络效应的缺失环节
IF 5.2 3区 管理学 Q1 BUSINESS Pub Date : 2025-09-10 DOI: 10.1109/TEM.2025.3608116
Krithika Randhawa;Virginia Springer
Business-to-business (B2B) platform ecosystems—connecting orchestrators, complementors, and end users—are central to digital transformation in industrial sectors. However, many B2B platforms fail to scale or sustain adoption due to challenges integrating legacy systems with digital technologies, navigating fragmented markets, and aligning diverse stakeholder expectations. While prior research emphasizes material dimensions like technical architecture and network effects, primarily in B2C contexts, the role of sociocognitive dimensions remains underexplored. We address this gap by examining platform identity and ecosystem identity as key sociocognitive dimensions that shape how platforms are perceived, trusted, and adopted. Using a multiple-case study of three failed B2B platforms (General Electric’s Predix, Vestas’ Covento, and ADAMOS), we trace how misalignments across identity, architecture, and network effects disrupt coherence, stall adoption, and erode stakeholder commitment. We develop a framework capturing the dynamic interdependencies among sociocognitive (identity), technical (architecture), and market (network effects) dimensions. We demonstrate that platform and ecosystem identities are distinct yet interdependent constructs that mediate alignment between technical and market dimensions. Misalignment in any one dimension can cascade into others, creating negative feedback loops that compromise ecosystem scalability and resilience. These insights challenge dominant assumptions in engineering management that prioritize technical system optimization in isolation. By foregrounding identity as a strategic lever, we contribute a more holistic understanding of B2B platform performance and offer actionable guidance for platform orchestrators and engineering managers. To build scalable and coherent platform ecosystems, firms must align material and sociocognitive elements to foster trust, commitment, and sustained adoption in complex B2B environments.
企业对企业(B2B)平台生态系统——连接协调者、互补者和最终用户——是工业部门数字化转型的核心。然而,由于将遗留系统与数字技术集成、引导分散的市场以及协调不同的利益相关者期望等挑战,许多B2B平台无法扩展或维持采用。虽然先前的研究强调物质维度,如技术架构和网络效应,主要是在B2C背景下,社会认知维度的作用仍未得到充分探索。我们通过将平台身份和生态系统身份作为影响平台感知、信任和采用方式的关键社会认知维度来研究这一差距。通过对三个失败的B2B平台(通用电气的Predix、维斯塔斯的Covento和ADAMOS)的多案例研究,我们追踪了身份、架构和网络效应之间的错位是如何破坏一致性、阻碍采用和侵蚀利益相关者的承诺的。我们开发了一个框架,捕捉社会认知(身份)、技术(架构)和市场(网络效应)维度之间的动态相互依赖关系。我们证明了平台和生态系统的身份是不同的,但相互依存的结构,调解技术和市场维度之间的一致性。任何一个维度的偏差都可能波及到其他维度,形成负面反馈循环,损害生态系统的可扩展性和弹性。这些见解挑战了工程管理中优先考虑技术系统优化的主流假设。通过突出身份作为战略杠杆,我们有助于更全面地了解B2B平台的性能,并为平台编排人员和工程经理提供可操作的指导。为了构建可扩展和连贯的平台生态系统,企业必须将物质和社会认知元素结合起来,以促进信任、承诺和在复杂的B2B环境中的持续采用。
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引用次数: 0
Joint Optimization of Robust Portfolio Selection and Risk Response in R&D Project Management 研发项目管理中稳健投资组合选择与风险响应的联合优化
IF 5.2 3区 管理学 Q1 BUSINESS Pub Date : 2025-09-10 DOI: 10.1109/TEM.2025.3608511
Chao Fang;Si Li;Yue Shi
Selecting appropriate research and development (R&D) projects under budget constraints is a critical yet challenging task for enterprises. During development, these projects are inevitably exposed to risky events, which may lead to performance loss, turning the optimal “here-and-now” selection decisions into suboptimal operational outcomes. We propose a joint optimization framework for project portfolio selection and risk response in uncertain environments, explicitly accounting for their interdependencies and budget tradeoffs. A two-stage robust optimization (TSRO) model is developed to protect against worst-case scenarios. A key feature is a decision-dependent budgeted uncertainty set capturing the endogenous dependence of performance loss on portfolio selection decisions, together with a nonlinear function characterizing the effects of risk response. We devise a tailored solution method to transform the original complex model into a single-level mixed-integer linear program solvable with off-the-shelf solvers. Extensive numerical experiments are conducted based on a 50-project R&D case. The proposed TSRO model consistently outperforms benchmark methods, particularly under worst-case scenarios. Sensitivity analyses further reveal that optimal solutions are highly responsive to the decay rate (representing the risk response effectiveness) while remaining relatively robust to the residual rate of failed projects’ values. Moreover, the results suggest that under tight budgets, managers should prioritize a smaller set of projects with intensive risk response, whereas with generous budgets, a broader portfolio becomes optimal. Overall, this study offers an integrated framework that not only enhances decision quality in project portfolio management but also provides actionable insights for balancing selection and risk response.
在预算约束下选择合适的研发项目是企业面临的一项关键而又具有挑战性的任务。在开发过程中,这些项目不可避免地暴露于风险事件中,这可能导致性能损失,将最佳的“此时此地”选择决策变成次优的操作结果。我们提出了一个不确定环境下项目组合选择和风险响应的联合优化框架,明确地考虑了它们的相互依赖性和预算权衡。建立了一种两阶段鲁棒优化(TSRO)模型,以防止最坏情况的发生。一个关键特征是一个决策依赖的预算不确定性集,它捕获了业绩损失对投资组合选择决策的内生依赖,以及表征风险响应影响的非线性函数。我们设计了一种量身定制的求解方法,将原始复杂模型转化为可用现成求解器求解的单级混合整数线性规划。基于50个项目的研发案例进行了广泛的数值实验。提出的TSRO模型始终优于基准方法,特别是在最坏情况下。敏感性分析进一步揭示了最优解对衰减率(代表风险响应有效性)的高度响应,同时对失败项目价值的剩余率保持相对稳健。此外,结果表明,在预算紧张的情况下,管理人员应该优先考虑具有密集风险响应的较小的项目集,而在预算宽松的情况下,更广泛的投资组合将成为最佳选择。总的来说,这项研究提供了一个集成的框架,不仅提高了项目组合管理中的决策质量,而且为平衡选择和风险响应提供了可操作的见解。
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引用次数: 0
期刊
IEEE Transactions on Engineering Management
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