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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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Are public-private partnerships a healthy option? A systematic literature review.

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Book ChapterDOI

The theory of externalities, public goods, and club goods: Alternative mechanisms for provision of public goods

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References
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Journal ArticleDOI

Credit Default of Local Public Sectors in Chinese Government-Pay PPP Projects: Evidence from Ecological Construction

TL;DR: Zhang et al. as mentioned in this paper explored the critical conditions and main logics behind opportunistic behaviors through literature analysis and determined the connections between conditions and the credit default in the Chinese Government-Pay Public-Private Partnership (PPP) projects according to 15 cases from the field of ecological construction.
Journal ArticleDOI

Reflective and cognitive perspectives on international capital budgeting

TL;DR: In this article, the authors developed a framework for an enlightened management and governance praxis against a backdrop of cognitive and motivational biases promoting a reflected international capital budgeting decision process, and societally relevant questions are raised whether these biases might have an effect on various stakeholders in public-private partnerships.
Journal ArticleDOI

Pesquisa em Administração: Em busca de impacto social e outros impactos

TL;DR: In this article, a reflection on the challenge of achieving a social impact in the field of management is presented, where the authors focus on the challenges of achieving an impact on the social aspects of management.
Journal ArticleDOI

On the Relationship of Value Creation and Value Capture: An empirical analysis

TL;DR: The authors' findings show that management can rather obtain competitive advantage by putting primary attention to either value creation or value capture instead of trying to maximise both at the same time.

Are publiceprivate partnerships a healthy option? A systematic literature review

TL;DR: The authors analyzes over 1400 publications from a wide range of disciplines over a 20-year time period and synthesize formerly dispersed research perspectives into a comprehensive multi-dimensional framework of public-private partnerships.
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