scispace - formally typeset
Open AccessPosted Content

Creating and Capturing Value in Public-Private Ties: A Private Actor's Perspective

TLDR
The authors identify the value creation and capture mechanisms embedded in these ties through a theoretical framework of two conceptual public-private structural alternatives, each associated with different value-creating capacities, rationales, and outcomes.
Abstract
Intersecting the boundaries of public and private economic activity, public-private ties carry important organizational strategy, management, and policy implications. We identify the value creation and capture mechanisms embedded in these ties through a theoretical framework of two conceptual public-private structural alternatives, each associated with different value-creating capacities, rationales, and outcomes. Two important restraints on private value capture--public partner opportunism and external stakeholder activism--arise asymmetrically under each form, carrying a critical effect on partnership outcomes.

read more

Citations
More filters
Journal ArticleDOI

Designing the Buyer–Supplier Contract for Risk Management: Assessing Complexity and Mission Criticality

TL;DR: In this paper, the authors draw upon resource dependence theory and transaction cost economics to suggest that variation in risk management strategies is dependent upon both the complexity of the procured product or service and the extent to which it is mission critical.
Journal ArticleDOI

Does environmental responsibility matter in cross-sector partnership formation? A legitimacy perspective

TL;DR: This study presents an inverted U-shaped relationship between a firm's environmental responsibility and its propensity to form partnerships with NGOs, and the contingent effect of political ties, and offers new insights on the dual role of legitimacy in organizational partnerships.
Journal ArticleDOI

Unpacking open innovation neighborhoods: le milieu of the lean smart city

TL;DR: In this article, a case study based on the case study method built on the evaluation of organizational behavior and urban boosting innovation through smart city initiatives is presented, showing how a lean approach enables local government to define and realize smart projects and initiatives in a faster and more effective way.
Journal ArticleDOI

Reconciling Conflicting Policy Objectives in Public Contracting: The Enabling Role of Capabilities

TL;DR: The authors analyzes how capabilities can reconcile conflicting objectives in policy-driven public contracting and highlights the mechanisms for leveraging performance in public-private interactions when conflicting goals are present despite inherent contract incompleteness and bureaucratic rigidity.
Journal ArticleDOI

Responsive governance in PPP projects to manage uncertainty

TL;DR: Despite the awareness that uncertainty impacts projects with long time horizons, public-private partnership research has not extensively examined the operations phase of such projects where uncertainty impacts project with long-time horizons as mentioned in this paper.
References
More filters
Book

Institutions, Institutional Change and Economic Performance

TL;DR: Douglass C. North as discussed by the authors developed an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time.
Journal ArticleDOI

The Tragedy of the Commons

TL;DR: The population problem has no technical solution; it requires a fundamental extension in morality.
Book

Strategic Management: A Stakeholder Approach

TL;DR: The Stakeholder Approach: 1. Managing in turbulent times 2. The stakeholder concept and strategic management 3. Strategic Management Processes: 4. Setting strategic direction 5. Formulating strategies for stakeholders 6. Implementing and monitoring stakeholder strategies 7. Conflict at the board level 8. The functional disciplines of management 9. The role of the executive as mentioned in this paper.
Journal ArticleDOI

Exploration and Exploitation in Organizational Learning

TL;DR: In this paper, the authors consider the relation between the exploration of new possibilities and the exploitation of old certainties in organizational learning and examine some complications in allocating resources between the two, particularly those introduced by the distribution of costs and benefits across time and space.
Related Papers (5)