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

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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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Evaluation of the Promotion of Through-Life Management in Public Private Partnerships for Infrastructure

TL;DR: In this article, a critical review of the PPPP literature supported by insights from management and organization theory is undertaken, and it is concluded that for the TLM benefits to be achieved, PPP model has to be redesigned to secure incentivisation towards TLM and to incorporate TLM mechanisms at the level of the production system.

Toward an integrated lifecycle governance framework for delivering civil infrastructure projects through public-private partnerships (p3s)

TL;DR: In this article, the problem of long-term relational contracting in the infrastructure P3 domain is addressed, and an integrated theoretical framework is proposed to capture the complexity of P3 infrastructure projects over their lifecycle.
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Planning and commitment in cultural heritage projects

TL;DR: In this article, the authors study the planning process for reusing cultural heritage within urban redevelopment projects and identify barriers to and drivers for stakeholder commitment, and find that although there is a strong belief in the added value of reuse cultural heritage, dealing with uncertainty over costs and benefits associated with heritage transformation is a major barrier.
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Pathways to Lasting Cross-Sector Social Collaboration: A Configurational Study

TL;DR: In this article, the authors empirically examine the configurations of conditions that lead to lasting cross-sector social collaboration and introduce the concept of double relationality to explain the interdependence of structure and action in lasting cross sector social collaboration.
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Exploring value capture mechanisms for heritage protection under public leasehold systems: A case study of West Lake Cultural Landscape

TL;DR: In this paper, the authors proposed a framework for analyzing world heritage finance and then argued that the increase in “windfall” value should be captured and transferred to land owners in World Heritage Sites.
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