Political Risk contribution to IT projects?
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Political risks can significantly impact IT projects. These risks include formal reforms without tangible outcomes, increased central control leading to social backlash, growing social inequality, and cybersecurity threats . Additionally, geopolitical risks can influence technology development, with global geopolitical risks affecting technology and vice versa, emphasizing the importance of geopolitical constraints on technology evolution . Moreover, political risk acts as a deterrent to foreign direct investment in infrastructure in developing countries, highlighting the sensitivity of projects like IT infrastructure to political uncertainties . Recognizing and mitigating these risks across all project phases, from inception to data publication and beyond, is crucial for researchers and the communities involved .
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| Papers (5) | Insight |
|---|---|
| Political risk influences FDI decisions, impacting IT projects. Entrepreneurs, especially Colombians, consider political, economic, and social factors when investing globally, aiming to reduce uncertainty in external environments. | |
7 Citations | Political risk significantly impacts foreign direct investment in infrastructure projects in developing countries, including IT projects, by influencing future cash flows and expected returns. |
| Geopolitical risk significantly impacts technology projects, influencing development and competition due to countries vying for dominance and security, as per the study's findings. | |
05 Jul 2022 1 Citations | Not addressed in the paper. |
| Political risks in IT projects include formal reforms without real results, centralised control backlash, social inequality growth, and cybersecurity threats. These risks hinder digitalisation and require effective management strategies. |
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