A Project Management Plan to Reach Sustainable Competitive Advantage for a Photovoltaic (PV) Manufacturer

Hsing Hung Chen, He-Yau Kang and Amy H. I. Lee
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Hsing Hung Chen: School of Business, Macau University of Science and Technology, Macau 999078, China
He-Yau Kang: Department of Industrial Engineering and Management, National Chin-Yi University of Technology, Taichung 411, Taiwan
Amy H. I. Lee: Department of Technology Management, Chung Hua University, Hsinchu 300, Taiwan

Sustainability, 2017, vol. 9, issue 9, 1-14

Abstract: Because the skills, knowledge and management required for exploitation and exploration are contradictory, firms still struggle to utilize useful methods to keep exploitative and exploratory activities balanced. Thus, a mathematical model is proposed to challenge the above vacancy. First, in order to allocate limited resources flexibly when implementing projects, a computer-mediated social groupware with Delphi technique is developed to manage conflicts. However, these operations may result in path dependence or lock-in technologies in the long run. Then, second, in order to adjust unbalanced exploitation and exploration after a period of time, a fuzzy analytic network process with fuzzy goal programming is proposed to facilitate the selection of projects in exogenous and endogenous environments. After investigating a real case of a photovoltaic (PV) manufacturer, the paper concludes that a balanced exploration and exploitation can be achieved, and sustainable competitive advantages can subsequently be reached.

Keywords: photovoltaic (PV); research and development (R & D) project management; fuzzy analytic network process; fuzzy goal programming (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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