Enabling systemic innovation: hybrid risk management and knowledge translation in the NEMESI project

Purpose This paper aims to explore the role of hybrid risk management (HRM) as a strategic enabler of knowledge translation (KT) in high-risk, innovation-driven projects. It investigates how HRM can bridge gaps across disciplines, functions and organizations to facilitate actionable innovation. Design/methodology/approach This study relies upon a framework that draws from the KT model developed by Dal Mas et al. (2023), positioning HRM as a critical KT tool in innovative project management. This framework is used to drive the data collection and analysis of a qualitative case study based on interviews and analysis of archival data, examining the NEMESI project – an industrial-scale initiative led by Leonardo S.P.A. to digitize aerostructure production. Findings The findings demonstrate that HRM supports a culture of learning, adaptive risk response and collaborative knowledge exchange. HRM was shown to be a dual tool: reducing risk while creating value through embedded knowledge practices. Originality/value This research advances the integration of risk management and KT in project governance. It offers a novel, actionable framework for enabling systemic innovation, addressing a key gap between project management theory and practice in complex innovation settings.