STRATEGIC TOOLS IN ASSESSING THE BUSINESS ENVIRONMENT OF A PAN-EUROPEAN DISTRIBUTED RESEARCH INFRASTRUCTURE

The purpose of this article is to showcase the strategic tools used in examining the business environment of a pan-European distributed research infrastructure (RI) with the aim of identifying the key factors that may influence its activity, identifying the emerging risks, better defining its strate...

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Bibliographic Details
Main Authors: Maria Luiza PASCAL, Adrian TUREK-RAHOVEANU
Format: Article
Language:English
Published: University of Agricultural Sciences and Veterinary Medicine, Bucharest 2023-01-01
Series:Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
Online Access:https://managementjournal.usamv.ro/pdf/vol.23_3/Art70.pdf
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Summary:The purpose of this article is to showcase the strategic tools used in examining the business environment of a pan-European distributed research infrastructure (RI) with the aim of identifying the key factors that may influence its activity, identifying the emerging risks, better defining its strategy and objectives, better-addressing stakeholders’ concerns. PESTLE analysis, SWOT analysis and Mendelow’s stakeholder matrix are effective tools for strategic planning and decision-making. In this regard, the article conveys these tools in the case study of METROFOOD-RI, a future distributed RI operating in the ESFRI domain of Health & Food. It indicates the key factors at the macro-economic level, the main pros and cons of METROFOOD-RI, market opportunities and menaces and the relationships that should be built with various stakeholders. A clear understanding of the impact of these elements is essential in planning the creation of such large-scale RI.
ISSN:2284-7995
2285-3952