IDEAS home Printed from https://ideas.repec.org/a/ddj/fseeai/y2023i3p62-67.html
   My bibliography  Save this article

The Value of Consulting Services for Achieving High Levels of Performance within European Funded Projects

Author

Listed:
  • Madalin DARIE

    (Dunarea de Jos University of Galati, Romania)

  • Alexandru CAPATINA

    (Dunarea de Jos University of Galati, Romania)

  • George Cristian SCHIN

    (Dunarea de Jos University of Galati, Romania)

  • Angela-Eliza MICU

    (Ovidius University of Constanta, Romania)

  • Adrian MICU

    (Dunarea de Jos University of Galati, Romania)

Abstract

Consulting services play a crucial role in enhancing the performance of European funded projects. These projects often require specialized knowledge, multidisciplinary skills, and adherence to complex guidelines. This paper attempts to explore the role of consulting services in achieving the expected levels of performance in the case of EU funded projects. The correlations among five latent variables (the level of knowledge of the consulting team, the level of involvement of the consulting team, effective communication with project beneficiaries, confidence in the quality of consulting services and the performance within the projects with European funding) are analyzed using a structural model. The findings reveal interesting insights related to the interplay between the enablers of successful EU projects’ implementation. Consulting firms offer project management tools and expertise to ensure projects are executed in line with EU guidelines.

Suggested Citation

  • Madalin DARIE & Alexandru CAPATINA & George Cristian SCHIN & Angela-Eliza MICU & Adrian MICU, 2023. "The Value of Consulting Services for Achieving High Levels of Performance within European Funded Projects," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 62-67.
  • Handle: RePEc:ddj:fseeai:y:2023:i:3:p:62-67
    DOI: 10.35219/eai15840409362
    as

    Download full text from publisher

    File URL: http://eia.feaa.ugal.ro/images/eia/2023_3/Darie_Capatina_Schin_Micu_Micu.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.35219/eai15840409362?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Martine R. Haas & Morten T. Hansen, 2005. "When using knowledge can hurt performance: the value of organizational capabilities in a management consulting company," Strategic Management Journal, Wiley Blackwell, vol. 26(1), pages 1-24, January.
    2. Eduard-Gabriel Ceptureanu & Sebastian-Ion Ceptureanu & Cristian-Eugen Luchian & Iuliana Luchian, 2017. "Quality Management in Project Management Consulting. A Case Study in an International Consulting Company," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 19(44), pages 215-215, February.
    3. Thorgren, Sara & Williams, Trenton Alma, 2020. "Staying alive during an unfolding crisis: How SMEs ward off impending disaster," Journal of Business Venturing Insights, Elsevier, vol. 14(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nguyen, Bach & Tran, Hai-Anh & Stephan, Ute & Van, Ha Nguyen & Anh, Pham Thi Hoang, 2024. "“I can't get it out of my mind” - Why, how, and when crisis rumination leads entrepreneurs to act and pivot during crises," Journal of Business Venturing, Elsevier, vol. 39(4).
    2. Ioannis Giotopoulos & Alexander S. Kritikos & Aggelos Tsakanikas, 2023. "A lasting crisis affects R&D decisions of smaller firms: the Greek experience," The Journal of Technology Transfer, Springer, vol. 48(4), pages 1161-1175, August.
    3. Staples, Aaron J. & Deming, Kristopher & Malone, Trey & Carpenter, Craig W. & Weiler, Stephan, 2024. "Pouring the Paycheck Protection Program into craft beer: PPP employment effects in service-intensive industries," Journal of Business Venturing Insights, Elsevier, vol. 21(C).
    4. Kazuyuki MOTOHASHI & Qiuhan ZHAO, 2023. "University as a Knowledge Source of Innovation: A spatial analysis of the impact on local high-tech startup creation," Discussion papers 23027, Research Institute of Economy, Trade and Industry (RIETI).
    5. Linda Argote & Sunkee Lee & Jisoo Park, 2021. "Organizational Learning Processes and Outcomes: Major Findings and Future Research Directions," Management Science, INFORMS, vol. 67(9), pages 5399-5429, September.
    6. Andreas Kuckertz & Leif Brändle, 2022. "Creative reconstruction: a structured literature review of the early empirical research on the COVID-19 crisis and entrepreneurship," Management Review Quarterly, Springer, vol. 72(2), pages 281-307, June.
    7. Cristina B. Gibson & Rebekah Dibble, 2013. "Excess May Do Harm: Investigating the Effect of Team External Environment on External Activities in Teams," Organization Science, INFORMS, vol. 24(3), pages 697-715, June.
    8. Elissa Dwi Lestari, 2022. "The Effect of Financial Literacy, Cost of Technology Adoption, Technology Perceived Usefulness, and Government Support on MSMEs' Business Resilience ," GATR Journals gjbssr620, Global Academy of Training and Research (GATR) Enterprise.
    9. Hossain, Mohammad Rokibul & Akhter, Fahmida & Sultana, Mir Misnad, 2022. "SMEs in Covid-19 Crisis and Combating Strategies: A Systematic Literature Review (SLR) and A Case from Emerging Economy," Operations Research Perspectives, Elsevier, vol. 9(C).
    10. Sebastian Ion Ceptureanu & Eduard Gabriel Ceptureanu & Vlad Liviu Bogdan & Violeta Radulescu, 2018. "Sustainability Perceptions in Romanian Non-Profit Organizations: An Exploratory Study Using Success Factor Analysis," Sustainability, MDPI, vol. 10(2), pages 1-23, January.
    11. De Marchi, Valentina, 2012. "Environmental innovation and R&D cooperation: Empirical evidence from Spanish manufacturing firms," Research Policy, Elsevier, vol. 41(3), pages 614-623.
    12. Rabbiosi, Larissa & Santangelo, Grazia D., 2013. "Parent company benefits from reverse knowledge transfer: The role of the liability of newness in MNEs," Journal of World Business, Elsevier, vol. 48(1), pages 160-170.
    13. Ambos, Tina C. & Ambos, Björn & Eich, Katharina J. & Puck, Jonas, 2016. "Imbalance and Isolation: How Team Configurations Affect Global Knowledge Sharing," Journal of International Management, Elsevier, vol. 22(4), pages 316-332.
    14. Olivier Torrès & Alexandre Benzari & Christian Fisch & Jinia Mukerjee & Abdelaziz Swalhi & Roy Thurik, 2022. "Risk of burnout in French entrepreneurs during the COVID-19 crisis," Small Business Economics, Springer, vol. 58(2), pages 717-739, February.
    15. Côrte-Real, Nadine & Oliveira, Tiago & Ruivo, Pedro, 2017. "Assessing business value of Big Data Analytics in European firms," Journal of Business Research, Elsevier, vol. 70(C), pages 379-390.
    16. Woolley, Anita Williams & Bear, Julia B. & Chang, Jin Wook & DeCostanza, Arwen Hunter, 2013. "The effects of team strategic orientation on team process and information search," Organizational Behavior and Human Decision Processes, Elsevier, vol. 122(2), pages 114-126.
    17. Henrich R. Greve & Lori Qingyuan Yue, 2017. "Hereafter: How Crises Shape Communities Through Learning and Institutional Legacies," Organization Science, INFORMS, vol. 28(6), pages 1098-1114, December.
    18. Fan, Terence & Schwab, Andreas & Geng, Xuesong, 2021. "Habitual entrepreneurship in digital platform ecosystems: A time-contingent model of learning from prior software project experiences," Journal of Business Venturing, Elsevier, vol. 36(5).
    19. Chin-Shien Lin & Ruei-Yuan Chang & Van Thac Dang, 2015. "An Integrated Model to Explain How Corporate Social Responsibility Affects Corporate Financial Performance," Sustainability, MDPI, vol. 7(7), pages 1-20, June.
    20. Hallin, Christina & Holm, Ulf & Sharma, Dharma Deo, 2011. "Embeddedness of innovation receivers in the multinational corporation: Effects on business performance," International Business Review, Elsevier, vol. 20(3), pages 362-373, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ddj:fseeai:y:2023:i:3:p:62-67. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gianina Mihai (email available below). General contact details of provider: https://edirc.repec.org/data/fegalro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.