Risks Identification and Management Related to Rural Innovation Projects through Social Networks Analysis: A Case Study in Spain

Abstract

Risk identification and management are essential in innovation projects in the rural context, where cultural differences and relations between actors are decisive for assuring a project success. Risk management is especially important when considering innovation processes in rural areas that experience conflict or are lagging in development. Although there are studies focusing on the interaction of actors, there are only a few that approach the risks associated with stakeholders. This research aims to identify the risks and the associated stakeholders and draws on a risk map in order to develop effective risk management and action plans to mitigate risk. A rural project optimizing irrigation in Spain was taken as a case study and conduct semi-structural interviews with key actors were conducted. Social Network Analysis (SNA) was applied to recognize and investigate the network of stakeholder-associated risk factors. The main risks identified in the project were associated with technical, economic, and time problems and with irrigation communities and project developers. These findings offer a new visual perspective of risk management in rural innovation projects, improving the ability to assess and efficiently mitigate the risks.