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RESEARCH PRODUCT

Toward a wiser projectification: Macroeconomic effects of firm-level project work

Andreas WaldChristian H.c.a. Henning

subject

Macroeconomicsmedia_common.quotation_subjectEconomic sector05 social sciences0211 other engineering and technologies02 engineering and technologyBuilding and ConstructionInterdependenceWork (electrical)Management of Technology and Innovation021105 building & construction0502 economics and businessEconomicsProduction (economics)Business and International Management050203 business & managementmedia_common

description

Abstract Several studies have investigated projectification and its effects at the firm level, but the macroeconomic implications of project work have scarcely been considered. This paper analyzes the macroeconomic effects of firm-level projectification. We study the interlinkages between different sectors by extending standard input-output modeling and analyze the static and dynamic effects of projectification. The results indicate that projectification can have positive macroeconomic implications for production/innovativeness, employment and income that differ across economic sectors, but projectification can also have negative impacts. As a major implication, the use of temporary forms of organizing cannot be recommended without reproach but depends on the economic sector and sectoral interdependencies.

yearjournalcountryeditionlanguage
2019-08-01International Journal of Project Management
https://doi.org/10.1016/j.ijproman.2019.04.002