Public–Private Partnership in Russia: Current State, Problems, and Development Prospects

Irina B. Teslenko, Nadezhda V. Muravyova, Evgeniy A. Ulanov and Evgeniy V. Denisenko

Chapter 43 in The Sustainable Development of the Entrepreneurial Economy in the Fifth Industrial Revolution, 2026, pp 505-514 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In Russia, public–private partnership (PPP) is an important financial instrument for attracting extra-budgetary funds. PPP is actively developing. Nevertheless, it faces some problems that hinder its effective operation. This research aims to identify scientific and practical foundations for improving the PPP mechanism as a source of sustainable socio-economic development in Russia. During the research, the authors reviewed scientific literature with elements of retrospective analysis, determined the quantitative structure of PPP agreements in the Russian Federation, and identified three main problems that reduce the potential benefits of attracting extra-budgetary funds. Additionally, the authors described prospects that make it possible to minimize the negative impact of attracting extra-budgetary financial flows for the implementation of socio-economic projects. According to the research, the most common tool for implementing PPP in the Russian Federation is concession agreements. To minimize the negative factors affecting the effectiveness of PPP policy, it is necessary to reform legislation and restructure national and regional programs in this area. The research results can be used to develop tools and measures to stimulate financial flows of extra-budgetary funds in implementing government projects.

Keywords: Sustainable Development; Entrepreneurship; Innovation; Technology; Information Management; Organizational Behavior; Industrial Organization; Entrepreneurial Economy; Fifth Industrial Revolution; Cause-and-Effect Relationships; Fourth Industrial Revolution; Digital Technology; Industry 5.0; Operations Management; Operations Research; Supply Chain Management; Fintech; Cryptocurrency; Blockchain; Economics and Finance; Corporate Governance; Technological Environment; National Economy; State Management; Corporate Management; Agro-Industrial Complex 5.0; Fuel and Energy Complex 5.0; BRICS; EAEU; Central Asia; Social Responsibility; Digital Competitiveness; Digital Energy; Entrepreneurial Universities 5.0; Machine Learning; Cyber-Social System; Smart Company; Management of AI; Automatization; Decision-Making in Entrepreneurship; Big Data; Blockchain Finance; Robotisation Of Production; Applied Technological Solutions; Smart City; Local Entrepreneurial Economy; Modernisation; Institutes of Globalisation; E-Government; Innovative Economy; Knowledge Society; BRICS+ (search for similar items in EconPapers)
JEL-codes: L26 O33 Q01 (search for similar items in EconPapers)
Date: 2026
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