scholarly journals Modeling Public—Private Partnerships in Innovative Economy: A Regional Aspect

2019 ◽  
Vol 11 (20) ◽  
pp. 5588 ◽  
Author(s):  
Tatiana Anopchenko ◽  
Olga Gorbaneva ◽  
Elena Lazareva ◽  
Anton Murzin ◽  
Gennady Ougolnitsky

International experience demonstrates both the effectiveness and difficulties of using the mechanism of a public–private partnership (PPP) in solving socially significant problems of investment development of an innovative economy. The lack of tools to make an informed choice of the best PPP model in terms of the risks diversification is one of the significant problems of the predictive and analytical support of the relationship between business and government structures. The purpose of the study is to create and empirically test a multi-criteria modeling toolkit for the choice of the public–private partnership mechanism in relation to managing territorial sustainable development projects. Such problems as a structural representation of PPP risk factors and development of principles for their diversification, development of the algorithm and criteria for multi-criteria evaluation, testing of a multi-criteria model needed to be solved to achieve the research goal. The innovativeness of the author’s approach consists in substantiating the algorithm of the multi-criteria modeling for the choice of the public–private partnership mechanism in relation to managing sustainable development projects of the territory. Criteria for alternative PPP models evaluating have been developed. Based on the results of testing, the advantages and disadvantages of applying the algorithm of the multi-criteria modeling in sustainable development management are identified, the directions for the model using in regional management are disclosed.

2020 ◽  
Vol 23 (3) ◽  
pp. 283-298
Author(s):  
Md. Nazmul Haque ◽  
Mustafa Saroar ◽  
Md. Abdul Fattah ◽  
Syed Riad Morshed

PurposePublic-Private Partnership (PPP) is a common practice in both the public and private sectors. PPP has been an important instrument to achieve Sustainable Development Goals (SDGs) at the national level. However, the role of PPP at the subnational level is often scarcely studied. Using Khulna city of Bangladesh as a case, this paper aims to assess the role of PPP projects in the attainment of SDGs.Design/methodology/approachThe research was conducted in the Central Business District (CBD) of Khulna, on a total of 4.6 kilometers stretches of road medians in the CBD where landscaping was done through the PPP approach. Besides the collection of secondary data from official records, primary data were collected through site visits, field surveys and interviews of PPP project partners.FindingsThe result shows that 89 percent of the respondents (road users) were pleased with the landscaping done on the road medians. Similarly, about 86 percent of the respondents felt more comfortable and safer to use the roads. Well-maintained road medians allow road-crossing at a regular interval which reduces the chance of an accident. The private parties have installed promotional billboards on the road medians and saved BDT 10.82 million a year. The public authority saves the maintenance budget amounting to BDT 23 million a year. The project achieves a triple-win situation. Despite some limitations, this PPP project has taken Khulna a step forward to achieve SDGs.Originality/valueThe findings have policy implications as the PPP project has enhanced the resilience of Khulna by addressing the relevant SDGs.


2014 ◽  
Vol 11 ◽  
pp. 276-281
Author(s):  
Tiziana Meduri

The paper examines the cooperation consists of the public / private partnership in the American environment, starting from the definition of the same, as experience shows partneship to represent the local government an alternative way to pursue growth and improvement in respect of sustainable development. In this context also shows the need for local government to work with business and the community to promote the territorys competitiveness, and wellness of local residents. The case of San Diego, California, shows how virtuous interaction and collaborative subjects (private, public, non-profit) has led to the economic and social development of different neighborhoods.


2009 ◽  
Vol 15 (1) ◽  
pp. 85-100
Author(s):  
Vinka Cetinski ◽  
Marko Perićć ◽  
Violeta Sugar

Public-private partnership (PPP) is a method for developing sustainable development that has been proven worldwide and endorsed in practice, and its ultimate aim is to increase the overall well-being of society. In a variety of ways, it brings together the interests of the public, private and civil sector in meeting specific needs for augmenting the quality and/or availability of services and products The European Union (UN) has not always supported the co-financing of projects devised as PPP. Recently, however, it has begun to encourage a wider application of this form of financing that demonstrates a huge potential in accomplishing public services, that is, projects intended for the public. Marketing and promotion, product development, education, financing and investment, and environmental protection are but some of the areas of public-private collaboration in tourism in a global setting. The purpose of this paper is to provide an outline of world experience and practice in PPP with emphasis on the EU, so that Croatia, by taking under consideration these experiences, advantages and disadvantages, may define an appropriate legal and business framework and identify the criteria for the successful implementation of PPP in its economy, and in particular, in tourism, one of its highest-growth industries.


2017 ◽  
Vol 3 (4) ◽  
pp. 7
Author(s):  
Agnieszka Huterska

The main purpose of the article is to present both the implemented and conducted projects within the framework of public-private partnership. It discusses the influence of the activities undertaken by the local authorities on both the natural environment and the economic aspects of human life. Potential effects of project implementation within the public-private partnership in the Kuyavian-Pomeranian voivodship (province) on the development of the Voivodship are presented. Due to the difficult situation in the region, the citizens’ expectations to conduct investments and limited possibilities of increasing income, implementing projects within public-private partnership seems to be a favourable solution.


2016 ◽  
Vol 12 (29) ◽  
pp. 175
Author(s):  
Maximus N. O. Asogwa ◽  
Severus I. Odoziobodo

Nigeria, with its large public sector, equally has an extensive wellestablished private sector; even with the ravages of the recent economic crisis. Both sectors play complementary and important roles as providers of expertise and as implementing agencies. Public-Private Partnership (PPP), the paper posits, is therefore an effort where the government of Nigeria provides the minimum standards required for coordinated collaboration with private sector, in the case of this study, the health sector. Notwithstanding various investment efforts from the public and private sectors into the Nigeria health economy, the performance of the national health system remains deplorable. The paper believes that the declining resource allocation to health, increasing costs and the breakdown in the public health facilities, make the achievement of health-related MDGs’, Millennium Development Goals’, (now SDGs, Sustainable Development Goals’) targets difficult. It is on the basis of this that the study, examines the pattern and scope of existing collaborations, including the nature, distribution of stakeholders in the sector and the characteristics of PPP in the health sector. It also examines the challenges, options and potentials for future partnership. These are examined within the strategic framework of MDGs and suggestions are made on how to overcome the challenges of public-private interventions to ensure effective policy interventions in the current Sustainable Development Goals, SDGs.


2017 ◽  
Vol 7 (1) ◽  
Author(s):  
Dr.Sc. Iskra Belazelkoska Borizovska ◽  
Dr.Sc. Ljubomir Kekenovski

The research involves determination of the extent to which the public-private partnership model can contribute to the improvement and enhancement of the healthcare services in Macedonia. To achieve this purpose, the research embraces comprehension of the common advantages and disadvantages of this model, encompassed with a case study of the public-private partnership in the specialized-consultative health protection for the health activity-dialysis, together with other efforts to ensure high quality health protection. It also reflects the attitudes of the public authorities and private sector entities regarding the significance of the public-private partnership model, consideration of the advantages and disadvantages before entering public-private partnerships and the ways public-private partnerships affect the employees and employments.The study outlines planned and realised efforts to implement this model to ensure better and more efficient healthcare system.Generally, the results from the survey and the outlined case study present this model as good solution for many healthcare challenges, since public-private partnerships offer different services to the citizens that neither the public nor the private sector could separately achieve. The public-private partnership model leads to new employment opportunities according to the opinion of the public authorities, while the private sector entities consider that public-private partnerships increase the responsibility of the employees in such partnership in comparison to the public sector. The outlined case study is an example of successful public-private partnership model in the field of healthcare and can serve as motivation for further implementation of this model to ensure better, enhanced and modern health system.


Author(s):  
Iana Ovsiannykova

The article aimed to analyze the features of methodological approaches of the efficiency assessment of the public private partnerships implementation. For this reason we analyze international experience of assessment approaches of the PPP projects and determine its advantages and disadvantages. Also the possibilities of use in practice basic estimation methods are defined and proposed the way to improve assessment process of PPP.


2019 ◽  
Vol 3 (2) ◽  
pp. 196
Author(s):  
Bruno S. Frey

There is a large literature on public-private-partnership, covering many different areas and aspects. This article deals with a specific but important aspect: the decision-making mechanisms to choose the management of PPP enterprises. In this sector, a suitable choice of managers is of particular importance because the persons chosen must balance the public and private interests. This is often difficult to achieve. Two new procedures are discussed, “Directed Random Choice” and “Rotating CEOs”. In each case, the advantages and disadvantages of the procedure of choosing the managers of PPP enterprises are discussed and evaluated. It is concluded that the two novel mechanisms should be seriously considered when choosing the managers of PPP enterprises.


2017 ◽  
Vol 9 (1) ◽  
pp. 7
Author(s):  
Agnieszka Huterska

The main purpose of the article is to present both the implemented and conducted projects within the framework of public-private partnership. It discusses the influence of the activities undertaken by the local authorities on both the natural environment and the economic aspects of human life. Potential effects of project implementation within the public-private partnership in the Kuyavian-Pomeranian voivodship (province) on the development of the Voivodship are presented. Due to the difficult situation in the region, the citizens’ expectations to conduct investments and limited possibilities of increasing income, implementing projects within public-private partnership seems to be a favourable solution.


2021 ◽  
Vol 14 (3) ◽  
pp. 121
Author(s):  
Lyudmila Tolstolesova ◽  
Igor Glukhikh ◽  
Natalya Yumanova ◽  
Otabek Arzikulov

The need for modern infrastructure as a prerequisite for sustainable development, poverty alleviation, and improvement of the quality of life of the population is a global problem that requires searching for and attracting large amounts of long-term investments. The presence of this problem in recent decades has led to the increasing implementation of complex and costly infrastructure projects through the public-private partnership (PPP) mechanism with high potential for attracting investment. This mechanism, in conditions of limited financial opportunities, allows one to combine the financial resources of the public and private parties for the implementation of major infrastructure projects. The limited use of existing tools at different stages of PPP projects and the increasing need for additional resources make it necessary to consider the possibility of using digital tools that complement traditional ones. For this purpose, the authors analyze existing financing tools, revealing their advantages and disadvantages, and identify and justify the possibility of using digital tools in the implementation of PPP projects. However, digitalization includes not only financing tools but also the development of infrastructure, including digital platforms needed to conduct such operations in the digital environment. As a result, a combined financing toolkit can be formed for each phase of project realization, including traditional and digital tools. The results of this study will become a basis for revealing the directions of the digital transformation of the PPP mechanism.


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