Technological innovation in PPPs: incentives, opportunities and actions
Roine Leiringer
Construction Management and Economics, 2006, vol. 24, issue 3, 301-308
Abstract:
From a construction perspective, Public-Private Partnership projects (PPPs) are often credited as providing real incentives for the actors involved as well as a business environment that is conducive to innovation and improved practices. The validity of four common rhetorical arguments used to promote the PPP procurement route is explored: collaborative working, design freedom, long-term commitment and risk transfer. Particular interest is given to the extent to which espoused intentions correlate with experienced realities in allowing actors involved in the design and construction phases to be presented with, and able to exploit, opportunities for technological innovation. It is argued that there is reason to be cautious in fully accepting the purported benefits of the PPP framework and that the arguments often presented need to be revised. Alternative interpretations are provided.
Keywords: Public-private partnership; technological innovation; risk transfer; collaborative working; design freedom; long term commitment (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:taf:conmgt:v:24:y:2006:i:3:p:301-308
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DOI: 10.1080/01446190500435028
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