The role of public private partnerships in fostering innovation
Nunzia Carbonara and
Construction Management and Economics, 2020, vol. 38, issue 2, 140-156
Despite the prevailing view in the studies on public private partnerships (PPPs) on the potentiality of PPP models for stimulating innovation, existing studies fail to provide a full understating of the relationship between PPP characteristics and innovation, namely they do not explain whether and to what extent some characteristics of PPP are more likely to foster innovation rather than others. This paper aims at providing answers to the following key research questions: Which are the PPP features that favour innovation? How should a PPP be properly structured in order to foster innovation? With this aim, drawing upon the main streams of studies on innovation, we develop a conceptual framework on the relationship between PPP and innovation and formulate the research hypotheses. An econometric analysis is then applied to empirically test the hypotheses using a dataset of 290 PPP projects spanning different countries and sectors, extracted by the World Bank PPI Database. Findings reveal that the arrangement of PPP projects; the market, contract and network structure, as well as government supports, may affect innovation. These results provide foundations to elaborate managerial implications for the future implementation of PPP projects, showing how PPP features have to be structured in order to foster innovation.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:taf:conmgt:v:38:y:2020:i:2:p:140-156
Ordering information: This journal article can be ordered from
Access Statistics for this article
Construction Management and Economics is currently edited by Will Hughes
More articles in Construction Management and Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().