Abstract

The development of a wide range of infrastructure projects based on the idea of cooperation between the public and private sector, known as PPPs, contributes to fulfilling social and economic needs, rises the quality of life, and supports sustainable development. The expected results of these undertakings cannot be comparable; however, some PPPs are perceived as a success and some are not. The research is based on the stakeholder concept and the idea that different stakeholder groups present different attitudes to the success of PPPs and are motivated by different issues including economic, social, and environmental factors. Based on this assumption, a conceptual model of PPP stakeholders’ identification and classification according to the attributes of preferred benefits, related to dimensions of sustainable development and engagement, including time and scope perspective, has been derived and tested. This exploratory analysis improves and tests the benefit–engagement conceptual model of PPP stakeholders’ identification. This contributes to the theory and concepts of sustainable infrastructure investment and public–private partnership practice.

Highlights

  • The idea of delivering infrastructure services via the cooperation between the public and private sectors has been extensively reshaped during the last few decades

  • Research follows acriticisms, general idea already in thethe previous objective and improving a conceptual model of stakeholder identification and work of combining two components which are the perception of success in the public and classification in

  • Scholars tend to stress that the motives standing behind private partnership (PPP) can be highly polarized and PPP can no longer be perceived as just a solution to acquire additional capital that could satisfy everyone in an equal way

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Summary

Introduction

The idea of delivering infrastructure services via the cooperation between the public and private sectors has been extensively reshaped during the last few decades. In the early 1990s, the concept took the form of public–private partnership (PPP) and soon gained attention from policymakers around the world. In Europe, the PPP approach was pioneered by a private finance initiative (PFI) launched in 1992 in the United Kingdom. PPP was popularized in other European countries, especially France, Portugal, Spain, and. In Poland, the process of implementing PPPs began in late 2005. The general rule standing behind PPP is that it combines the competencies of the public sector and both the financial and managerial commitment of the private entities in the process of delivering infrastructure goods and services [2] (hereinafter: infrastructure)

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