A Stakeholders’ Perspective on Risk Management for Collaborative University-Industry R&amp;D Programs

Fernandes, Gabriela; Domingues, Joana; Tereso, Anabela Pereira; Pinto, Eduardo B.

doi:10.1016/j.procs.2021.01.110

Cited by 12 publications

(12 citation statements)

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“…Many HEIs have poor implementation of RM policies (Tamrat and Teferra, 2020). Fernandes et al (2021) discovered key stakeholders have a poor level of RM maturity, the boards and administrators do not make significant commitments to this approach (Yokoyama, 2018). Many institutions are not following any formal risk monitoring and risk assessment protocols (Yokoyama, 2018), lack of regular risk assessments (Abaoud, 2019), constrained information and insights offered by management (Soobaroyen et al , 2019), further restrict risk supervision tasks.…”

Section: Resultsmentioning

confidence: 99%

“…RM improves the university’s capability to handle internal and external risks (Al-Subari et al , 2020a). RM is also critical to the success of R&D collaborations (Fernandes et al , 2021), increases competitive advantages of HEIs (Al-Subari et al , 2020b) and improves performance (Setapa et al , 2020). Academic achievement, employability, education and entrepreneurship improve students’ performance (Somasundaram et al , 2021).…”

Section: Resultsmentioning

confidence: 99%

“…4.1 Common risk management practised in higher education industry RM is a lifelong process that necessitates comprehensive management strategies (Morioka et al, 2007;Christopher and Sarens, 2015), continuous attention for risk detection and control (Abaoud, 219;Fernandes et al, 2021;Baharin et al, 2021) to meet strategic goals (Shanahan and McParlane, 2005;Al-Subari et al, 2020a). A variety of RM frameworks have been developed in HEIs since 2005 to combat risks.…”

Section: Discussionmentioning

confidence: 99%

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Risk management in higher education research: a systematic literature review

Khaw

Teoh

2022

QAE

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Purpose The growing uncertainty in the world because of economic factors, political issues, natural disasters, global COVID-19 outbreak and technological advancements, make effective risk management (RM) an essential successful strategy for various industries, especially higher education (HE) industry to overcome uncertainties for success. The purpose of this systematic literature review (SLR) is to present a current overview of RM in HE from 2005 to 2021, with a focus on common risk management practised in HE industry, antecedents towards RM implementation and outcomes of RM. Design/methodology/approach The publication standard for this SLR was RepOrting Standards for Systematics Evidence Syntheses. Scopus, one of the most prominent scientific databases, was used to select articles. Only articles from the years 2005 to 2021 were studied. This study focussed on RM in the HE industry. Findings This review identified three main themes: common risk management practised in HE industry, antecedents towards RM implementation and outcomes of RM. An additional ten sub-themes were derived from the three main themes. Originality/value This paper systematically reviewed developments of RM research in HE from year 2005 to 2021, leads to a clearer understanding of RM issues in HE institutions. The findings allow interested parties to better understand RM and enables top management to create their own personalised list of drivers and implementation policies to respond to risks and uncertainties.

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Section: Resultsmentioning

confidence: 99%

Section: Resultsmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

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Risk management in higher education research: a systematic literature review

Khaw

Teoh

2022

QAE

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“…In the Semarang City CCTV Internet of Things (IoT) program, for example, the presence of high uncertainty due to the novelty involved in this type of program Accredited by Sinta Rank 2 based on Ristekdikti No.10/E/KPT/2019 389 carries high risk, resulting in many failures (Simonofski, et al, 2019). In this type of program, it is possible to identify several potential risks, such as the level of stakeholder involvement in the program; disruption of information flow and communication between stakeholders; strategic misalignment; lack of program socialization, and many others (Fernandes et al, 2021). An in-depth study is needed in analyzing the risk management of CCTV's Internet of Things(IoT) program.…”

Section: Introductionmentioning

confidence: 99%

“…We can see the trend of the Smart City-based city or regional development movement in various parts of the world such as Barcelona, Tokyo, London, Berlin, Amsterdam, Melbourne, Seoul, Shanghai, Mumbai, Singapore, and others. Every city in various parts of the world has a different Smart City development success story according to the problems faced by each city (Fernandes et al, 2021). In Korea, a 600-hectare reclamation area was built from scratch as a Smart City; Masdar in Dubai is a city that builds energy independence programs with solar and renewable energy and is determined to become a carbon emission-free city; Amsterdam focuses on building Smart People, Smart Energy, and Smart Waste Management; while in Singapore, Smart City development is directly controlled by the Prime Minister's Office as a program for citizens, businesses, and government to support the improvement of quality of life by utilizing technology, ideas, applications, and big data.…”

Section: Introductionmentioning

confidence: 99%

Risk Management for Analytic Closed Circuit Television based on Internet of Things in Semarang City

Nugroho¹,

Nafi’ah

2022

MIMBAR, Jurnal Sosial dan Pembangunan

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Successful implementation of a program is the goal of program design. However, currently, many programs fail to be implemented due to the failure of efforts to prevent the occurrence of failure factors. Especially in the era of digital governance such as today, the planning of various smart city programs has a large potential risk of implementation failure. The Semarang City of IoT CCTV program, for example, the implementation of the use of analytics-based CCTV requires long and careful preparation. Not only management preparation but risk management is also needed for the program. This research aims to analyze the map of potential risks in the Semarang City CCTV of IoT program along with analyzing how the risk management of the program. This research is based on qualitative research with primary and secondary data collection techniques. Primary data collection by interviewing related informants purposively, then the data is analyzed based on qualitative analysis. The findings of this research are that the highest level of risk occurs in the shortage of human resources and CCTV operators because there are no human resources who are data analytic experts and Artificial Intelligence experts. Other high risks are database errors / down; CCTV devices using old technology; long loading dashboards; and no Fiber Optic connection in internet management

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Critical Management Risks in Collaborative University-Industry R&D Programs

Fernandes

Domingues

Tereso

et al. 2021

Advances in Intelligent Systems and Computing

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In university-industry collaborative research and development (R&D) programs and projects, Risk Management (RM) has assumed a preponderant importance for the success of programs and projects due to their innovative nature. This paper aims to present the management risks identified in R&D funded programs within a large university-industry collaboration (UIC) case study, as well as the prioritization of the risks identified, and the suggested responses to the most critical risks.Based on literature, document analysis and participant observation of the case study, a catalogue of management risks for R&D programs and projects was created. Seeking to focus on critical risks, a survey and a focus group were developed to analyze these risks by key stakeholders involved in the UIC. The prioritization of risks was conducted based on a qualitative risk analysis carried out by key stakeholder's in the UIC, who take the role of Program Manager, Project Manager and Program and Project Management Officer. Then, the critical risks were discussed in the focus group to define risk response strategies. Additionally, the paper discusses strategies for the institutionalization of the catalogue of management risks in UICs. The research was conducted based on only one case study which may limit the generalization of results.

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A Stakeholders’ Perspective on Risk Management for Collaborative University-Industry R&D Programs

Cited by 12 publications

References 13 publications

Risk management in higher education research: a systematic literature review

Risk management in higher education research: a systematic literature review

Risk Management for Analytic Closed Circuit Television based on Internet of Things in Semarang City

Critical Management Risks in Collaborative University-Industry R&D Programs

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