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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.

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References
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DissertationDOI

Alliance strategy: context, process, and requirements

TL;DR: In this paper, Neely et al. proposed a success map for understanding drivers of performance, which encapsulates those things that the business has to deliver if it is to achieve its overall financial goals.
Journal ArticleDOI

Resources, Capabilities, and Routines in Public Organizations

TL;DR: The authors show how resource-based, dynamic capabilities, and behavioral approaches to understand public agencies and organizations shed light on their nature and governance, and how public organizations can be characterized as stocks of human and non-human resources including routines and capabilities.

Strategic corporate responsibility orientation for sustainable global health governance: pharmaceutical value co-protection in transitioning economies

TL;DR: In this article, the authors investigated the institutional foundations of value cocreation through cross-sector social interactions (CSSIs) and global health diplomacy (GHD), and developed a value parliament as a metaphor to explain how the decision makers' application of rational technologies in model-based decision making conflicts with emotions (which avoid decision paralysis), beliefs, identities and political allegiances to swing the pendulum in favour of the dominant group of decision makers.
Journal ArticleDOI

Evaluating risk allocation and project impacts of sustainability-oriented water public–private partnerships in Southern California: A comparative case analysis

TL;DR: In this paper, the authors examine the role of the private sector in bolstering sustainability and resilience by examining the distribution of risks between public and private partners and the economic, political, environmental, and social impacts of these partnership arrangements.
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