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

Is It Correct to Use the Internal Rate of Return to Evaluate the Sustainability of Investment Decisions in Public Private Partnership Projects

TL;DR: In this article, the potential number of real positive IRRs a PPP project may have, depending on the number of sign variations and the value of the net present value (NPV) calculated with a discount rate equal to 0, is determined.
Proceedings ArticleDOI

The Governance of Public-Private Ties Model: How to Govern the PPPs Infrastructure Project Effectively (An Indonesia Case)

TL;DR: In this article, the authors explored how the public-private ties model strategically managed in creating value to involved parties as well as to other stakeholders in public infrastructure provision and found that the value creation needs a collaborative governance in accordance that the model is vulnerable due to endemic conflict and tensions.
Journal ArticleDOI

Theory development process and the fundamental explananda of strategy

TL;DR: In this article, the authors explore the current scientific status of the strategic management field and present five main phenomena as the fundamental explananda, namely competitive advantage, strategic levels, strategic process, strategy implementation, and social outcomes.
DissertationDOI

Doing good while making profit: perspectives on reconciling multiple objectives in social enterprises

TL;DR: In this article, the authors examined the conditions under which social ventures develop hybrid value-creating activities to deal with their economic and social goals based on data from 11 social ventures, and the findings are based on a combination of an inductive analysis and fsQCA analysis.
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)