Attribute of the Effects Diversification to Eco-System from Large Investments in Supply Chain

Article ID

S13M0

Attribute of the Effects Diversification to Eco-System from Large Investments in Supply Chain

Dr. Maria F. Sartzetaki
Dr. Maria F. Sartzetaki Democritus University of Thrace, Greece
DOI

Abstract

In most of the cases the decision to invest in a new large transport infrastructure project t is not simple, mainly, because the complications in planning process, the amount of capital need to invest before the business establishment and the high number of stakeholders involved in decision process. The decision process is more complicated in restricted economic conditions and financing assumptions, where the project business plan performance is strongly related to regional development prospects and business sectors enlargement. This paper provides an attribute methodology approach to support decisions in large transport infrastructure projects based on the effects diversification to ecosystem affected by the new projects. The proposed methodology provides an evaluation framework based on a combination of an ex-ante assessment analysis taking into consideration the large transport infrastructure projects economic impact and its contribution to enlargement of the sectors of the ecosystem. The Input Output analysis framework is used to determine the economic footprint of the transport infrastructure projects development and the diversification of the ecosystem sectors affected based on entropy theory is introduced to review the project’s effects diversification to regional ecosystem. The numerical application focused on two different large transport infrastructure projects airport in two different regions in the nation of Greece in south-east Mediterranean. Conventional wisdom is to present a systematic approach appropriate to apply is relevant projects, providing the essential tool to support decisions at level of strategic planning.

Attribute of the Effects Diversification to Eco-System from Large Investments in Supply Chain

In most of the cases the decision to invest in a new large transport infrastructure project t is not simple, mainly, because the complications in planning process, the amount of capital need to invest before the business establishment and the high number of stakeholders involved in decision process. The decision process is more complicated in restricted economic conditions and financing assumptions, where the project business plan performance is strongly related to regional development prospects and business sectors enlargement. This paper provides an attribute methodology approach to support decisions in large transport infrastructure projects based on the effects diversification to ecosystem affected by the new projects. The proposed methodology provides an evaluation framework based on a combination of an ex-ante assessment analysis taking into consideration the large transport infrastructure projects economic impact and its contribution to enlargement of the sectors of the ecosystem. The Input Output analysis framework is used to determine the economic footprint of the transport infrastructure projects development and the diversification of the ecosystem sectors affected based on entropy theory is introduced to review the project’s effects diversification to regional ecosystem. The numerical application focused on two different large transport infrastructure projects airport in two different regions in the nation of Greece in south-east Mediterranean. Conventional wisdom is to present a systematic approach appropriate to apply is relevant projects, providing the essential tool to support decisions at level of strategic planning.

Dr. Maria F. Sartzetaki
Dr. Maria F. Sartzetaki Democritus University of Thrace, Greece

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Dr. Maria F. Sartzetaki. 2019. “. Global Journal of Management and Business Research – B: Economic & Commerce GJMBR-B Volume 19 (GJMBR Volume 19 Issue B5): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification: JEL Code: E22
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Attribute of the Effects Diversification to Eco-System from Large Investments in Supply Chain

Dr. Maria F. Sartzetaki
Dr. Maria F. Sartzetaki Democritus University of Thrace, Greece

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