Figure 2.
A table presents two main hypotheses on how human and social capital influence risks related to effectiveness and efficiency, with sub-hypotheses and falsification logic.The table has three columns: Hypotheses, Sub Hypotheses, and Falsification. The first main hypothesis, H 1, proposes that human capital influences the risk of effectiveness-measured through developmental technological readiness level and maturity technological readiness level-and efficiency, denoted as E T R L. The corresponding sub-hypotheses are H 1 a: H C sub i leads to D T R L sub i, H 1 b: H C sub i leads to M T R L sub i, and H 1 c: H C sub i leads to E T R L sub i. The second hypothesis, H 2, suggests that social capital, represented by S C H sub j and S C sub j, similarly affects these same risk dimensions. Its six sub-hypotheses include H 2 a: S C H sub j leads to D T R L sub i, H 2 b: S C H sub j leads to M T R L sub i, H 2 c: S C H sub j leads to E T R L sub i, H 2 d: S C sub j leads to D T R L sub i, H 2 e: S C sub j leads to M T R L sub i, and H 2 f: S C sub j leads to E T R L sub i.

Diagram of the methodology phases

Source: Authors’ own work

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