Developing a Conceptual Model for Promoting Risk Management for Public–Private Partnerships Projects

Yin Chen, Mei Ye Kho () and Othman Mohamed
Additional contact information
Yin Chen: Department of Quantity Surveying, Faculty of Built Environment, Universiti Malaya, Kuala Lumpur 50603, Malaysia
Mei Ye Kho: Department of Quantity Surveying, Faculty of Built Environment, Universiti Malaya, Kuala Lumpur 50603, Malaysia
Othman Mohamed: Department of Quantity Surveying, Faculty of Built Environment, Universiti Malaya, Kuala Lumpur 50603, Malaysia

Sustainability, 2024, vol. 16, issue 18, 1-22

Abstract: Over the past decade, there has been significant growth in the literature addressing risk issues associated with Public–Private Partnerships (PPPs). However, few studies have attempted to comprehensively map and visualize research in this domain. This study aims to fill this gap through a systematic literature review conducted in four stages, utilizing knowledge mapping analysis. More than 400 peer-reviewed articles published between 1990 and September 2023 were examined, making this study the first to analyze such a substantial sample of papers in this field. The research identifies three distinct phases of growth trends in PPP risk management studies. To minimize arbitrariness and subjectivity in analyzing research focuses, this study employed a scientometric approach using VOSviewer software (version 1.6.19), which provides insights into the current state and trends of research on PPP risk management, including high-frequency keywords, contributions of core authors, and distribution across countries, regions, institutions, and journals. In addition to the scientometric analysis, a qualitative review identified six primary research interests, various research perspectives, and diverse methodologies present within the literature. Based on these findings, this study culminates in the development of a conceptual model for risk management in PPPs, offering a structured framework for future research and practical application. This study contributes to the literature by providing the first large-scale, comprehensive mapping and analysis of PPP risk management research, presenting a novel conceptual model that connects theoretical insights with practical implications, and highlighting key areas for future exploration.

Keywords: PPPs; risk management; VOSviewer; visualization research (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/18/8221/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/18/8221/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:18:p:8221-:d:1482554

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().