Abstract
This study examines the dynamic process through which public/private partnerships result in innovative business models and strategies associated with sustainable development. Using inductive theory building on twelve longitudinal case studies of companies operating in Kenya, Tanzania, South Africa, and Egypt, I trace a comprehensive and cyclical three-phase, multilevel process by which private and public actors develop, leverage, and manage strategic partnerships through the cognitive adjustment of mental models, the development of close relationships, and the collaborative crafting of alternative approaches to operating that result in simultaneous social, ecological, and economic value creation.
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