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Publicação
The effect of public–private partnerships on innovation in infrastructure delivery
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| 1.06 MB | Adobe PDF |
Orientador(es)
Resumo(s)
Public–private partnerships (PPPs) have been promoted as achieving value for money in government projects through innovation. Private investment, contract bundling, and transferring risk to the private sector are regarded as incentives creating innovation. Data collected on PPPs through in-depth interviews with 36 senior practitioners are analyzed by applying a transdisciplinary theoretical approach and grounded theory. The relation between PPPs and innovation is systematically addressed. PPP models provide an environment for innovation precontract award but limit risk, thus inhibiting post-contract innovation. A framework illustrating the complex relations of different elements of PPPs and their effects on innovation is presented.
Descrição
Publisher Copyright: © 2023 Project Management Institute, Inc.
Palavras-chave
contract-incentive structure innovation ownership-residual control rights project finance public–private partnerships (PPPs) Business and International Management Strategy and Management Management of Technology and Innovation