Interorganizational Development of Flexible Capital Designs: The Case of Future-Proofing Infrastructure

This mixed-methods study investigates a dilemma that interorganizational groups formed to develop long-lived capital assets invariably face at the project front end: either invest in flexible design structures that cope economically with change in requirements, this is design to evolve - at risk of the extra costs not paying off if the uncertainties fail to resolve favorably later on, or endorse cheaper but more rigid designs - at risk of higher...