Work

The Effect of Public–Private Partnerships on Innovation in Infrastructure Delivery

Year: 2023

Type: article

Abstract: 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.

Source: Project Management Journal

DOI: 10.1177/87569728231189989

Authors: Lucia Xiaoyan Liu, Stewart Clegg, Julien Pollack

Institutions: The University of Sydney, NOVA School of Business and Economics, University of Stavanger

Language: English

Topic: Public-Private Partnership Projects

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: hybrid

Estimated APC paid: $3,250