Creating and Capturing Value in Public-Private Ties: A Private Actor's Perspective
Ilze Kivleniece () and
Bertrand Quelin
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Ilze Kivleniece: HEC Paris - Recherche - Hors Laboratoire - HEC Paris - Ecole des Hautes Etudes Commerciales
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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.
Keywords: value; public-private ties; private actor's perspective (search for similar items in EconPapers)
Date: 2012-04
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Citations: View citations in EconPapers (74)
Published in Academy of Management Review, 2012, 37 (2), pp.272-299. ⟨10.5465/amr.2011.0004⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00677772
DOI: 10.5465/amr.2011.0004
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