Aspects Of Public-private Partnership Research Articles

МОДЕЛЬ ДЕРЖАВНО-ПРИВАТНОГО ПАРТНЕРСТВА ЯК ІНСТРУМЕНТ ЗАБЕЗПЕЧЕННЯ ІННОВАЦІЙНОЇ СТІЙКОСТІ ПІДПРИЄМСТВ ОБОРОННО-ПРОМИСЛОВОГО КОМПЛЕКСУ

The subject of research in this paper is the innovative sustainability of defense industrial enterprises. The paper is purposed to study the relationship between the state and private enterprises of the defense-industrial complex of Ukraine on the way to ensuring innovative sustainability as well as developing a model of their interaction, researching the peculiarities of the functioning of private enterprises of this industry from the point of view of management. The induction methods were used to collect data on public-private partnerships in Ukraine and form conclusions about the feasibility of creating a model for the functioning of private enterprises in the defense industry; modeling for the formation of a strategic model of a private enterprise in the military industry of Ukraine; comparison to compare the features of the operation of various types of defense-industrial enterprises on the market. Several trends in the defense industry of Ukraine related to the functioning of enterprises of different forms of ownership were analyzed, and their advantages and disadvantages were investigated. The need for the development of management approaches to ensure the innovative sustainability of private enterprises of the defense industry of Ukraine as well as for the development of a methodological apparatus for further research have been revealed. Some aspects of public-private partnerships in Ukraine have been studied. Based on the collected information about the experience of the operation of private enterprises, a graphic micro-economic model was developed, which describes the strategy of a private enterprise in the defense industry on the way to ensuring innovative sustainability. It was concluded that in conditions that have radically changed, the vast majority of private enterprises of the defense-industrial complex of Ukraine are at the stage of formation and definition of the functioning model. Therefore, this direction requires the systematization of knowledge and the development of a theoretical and applied apparatus of expertise that can be integrated with this field. Private enterprises in the Ukrainian market for the production of defense products and services have many points for growth in both the short and long term since the production of dual-purpose goods can satisfy civilian and military needs.

ПУБЛІЧНЕ УПРАВЛІННЯ У СФЕРІ РОЗБУДОВИ ОСВІТНЬОГО ЗДОРОВ’ЯЗБЕРЕЖУВАЛЬНОГО ПРОСТОРУ В УКРАЇНІ

The position on the construction of the optimal strategy of changes in education as a complex area of security significance, given its specifics (scale, conservatism, inertia) is substantiated. Scientific definitions and approaches to the concept of «health» are analyzed, on the basis of which it is necessary to introduce it into the state discourse. Attention is paid to the analysis of factors that influence the formation of public administration by creating an educational health space. Emphasis is placed on the introduction of state health programs, as innovative strategies for marketing management and logistics consulting, making appropriate decisions. The practice of public health management in foreign countries is covered. The legal aspects of public-private partnership in the implementation of the creation of a healthy educational space in Ukraine are revealed. Analysis of trends in the improvement of public administration technologies for the preservation of human health, strengthening and shaping the health of the younger generation and their effective implementation in the life of each individual through education, upbringing and culture; disseminating and promoting the skills of a healthy lifestyle, conscious responsibility of the community and the individual for maintaining and improving their own health and the health of family members; formation of strategic health-preserving potential in the field of education in Ukraine.

The use of Public-Private Partnerships in Health Supply Chain Management in Rwanda

BackgroundThe Government of Rwanda considers the private sector to play an important role in supporting provision of strategic national investments through Public-Private Partnerships (PPPs).ObjectiveThis study aims to describe the various aspects of PPPs in Health Supply Chain Management (HSCM) in Rwanda.MethodsA questionnaire was used to collect data from health professionals and individuals familiar with HSCM Public-Private Partnerships for this descriptive, cross-sectional and quantitative study.ResultsThe PPP interventional areas used in HSCM in Rwanda were namely supply of commodities (99%), delivered health Information Technology (IT) supplies and equipment (operate) (53%), finance (52%), and maintenance area (40%). The main challenges were limited conversation and absence of formal platforms for public and private engagement (83.7%) and complex procurement requirements for medical products and equipment by public institutions (73.3%). The strategies to improve the PPPs in HSCM were effective coordination of PPPs (93.3%) and improved dialogue and formal platforms (90.6%)ConclusionThese findings indicated that private sector through PPPs plays an important role in HSCM in Rwanda. The engagement of the private sector can increase the financial support in terms of financing HSCM activities like supply of health commodities and equipment.
 Rwanda J Med Health Sci 2021;4(2): 237-256

СУТНІСТЬ ПОНЯТТЯ “ДЕРЖАВНО-ПРИВАТНЕ ПАРТНЕРСТВО” У СФЕРІ КУЛЬТУРИ

The article provides a legislative definition of public-private partnership. It was also found out that the existence of a numerous points of view on the definition of public-private partnership has led to the emergence of a scientific debate about a question if there is a demand for a single, universal definition of public-private partnership. We suggest proceeding study of the approaches to public-private partnership definition through highlighting different aspects of the cooperation, mentioned by various scientists and experts in public-private partnership. Therefore, we consider necessity of studying four conceptual approaches to understanding the genesis of public-private partnership such as organizational, financial, target and political ones that exist in the legal, economic and sociological sciences. The study shows that the scientists’ approaches to the definition of public-private partnership are diverse and heterogeneous. Some authors focus on the social importance of joint projects of state and business, others observe it as an instrument for solving state’s problems in the economic or social spheres, some of them consider it as a method of achieving benefits for the participants of the partnership. At the same time, analyzing the definitions given in the article, we can conclude that they all overlap and mainly imply several statements. Firstly, cooperation in the form of an agreement or a convention aligned to ensure legal equality of the parties. Secondly, the purpose of such cooperation must be aimed at achieving the highest public good. In addition, it is equally important to implement the project based on ensuring a qualitatively better result than the implementation of the same actions, but without a private partner. Also analyzing the scholars’ views on the definition of public-private partnership, we can conclude that this definition should be considered in a narrow and broad sense. In our research, we ascertain that all scientific approaches elucidate various aspects of public-private partnership, and therefore only their combination can give a holistic comprehension of this phenomenon.

Public-private partnerships in the healthcare sphere: legal models in Ukraine and foreign countries

The article discusses certain aspects of the legal regulation of public-private partnerships in the health sector in Ukraine and foreign countries. The subject of the study is the legislative acts of public-private partnerships in healthcare field, its types and directions for their implementation. The varieties of public-private partnership forms in healthcare field in foreign countries and Ukraine are clarified. Process of reforming the healthcare sector, introduction of standards and criteria of best practices of European countries on the issues of partnership under study in national legislation is appropriate and promising. The aim of the article is to disclose the features of legal regulation of public-private partnerships implementation in the healthcare field in foreign countries and Ukraine. The methodology of this work is based on a set of research methods. The comparative method was used to clarify the legal aspects of public-private partnerships in the healthcare field and the possibility of its use in Ukraine, to analyze indicators that determine the success of partnership projects in foreing countries. Using the method of theoretical analysis, systemic and analytical methods, the term of “public-private partnership in the healthcare field” was established, types of contracts, signs of public-private partnership, categories of such partnership models in world practice are given. Experience of the EU countries on public-private partnerships in healthcare field, the introduction of changes in healthcare management system in accordance with requirements of European law is positive for Ukraine.

Institutional aspects of development of regional PPP Projects

The relevance of research into institutional aspects of public-private partnership (PPP) is evidenced by the continuously increasing role of research-and-technology, information technology, territorial and socioeconomic factors of influence on the development and implementation of regional PPP projects aimed at improving social welfare and accelerating the rate of socioeconomic development of Russia’s regions. Systemic impact of technical, technological, territorial and socioeconomic factors stipulates the need for the development of institutional environment of PPPs, which implies taking measures for protecting private investments and interests of private investors. This impact also predetermines the necessity to improve the currently existing institutional models of informational-legal base that ensure integration processes of managing PPP projects, with taking into consideration of regional differences and excess investment risks. In this regard, the present paper is aimed at detecting problems of development of PPP’s institutional environment at the regional level. The solution of these problems will allow elaborating models of institutional environment having integrated legal and regulatory framework, transparent and intelligible procedures and standing orders that are necessary when implementing complex socioeconomic projects of public importance for the development of regions. The authors of the paper have defined the role of institutional environment of public-private partnership (PPP) and municipal public-private partnership (MPPP) in the development of a region. The paper provides the results of generalized analysis of factors of development of institutional environment and regulatory-legal framework at the regional level. There were defined problems entailing the performance risks concerning the support of regional projects by public partners and risks of integrated models of interagency interaction at the stages of elaboration, selection and making decisions on implementing PPP and MPPP projects, performing measures of control, maintenance, monitoring and maintaining a register of PPP projects. The results of the research given in the paper are of applied importance for both academicians and practical workers, especially in using the assessments of a development level of institutional environment and legal framework when preparing or implementing projects on improving a region.

Performance indicators for public private partnership (PPP) projects in Malaysia

PurposeThe purpose of this paper is twofold: first, to identify the important performance indicators used in assessing public private partnership (PPP) performance in terms of the two aspects of PPP which are “financing and markets” and “innovation and learnings”; and second, to investigate the differences in the perception between public and private sectors on the importance of performance indicators in terms of the two aspects of PPP.Design/methodology/approachUsing a questionnaire survey, 237 completed questionnaires were received representing 51.52 per cent response rate. In examining the importance of performance indicators, the descriptive statistical tests of mean, standard deviation and mean score ranking were used. The independent t-tests were conducted to investigate the differences in the perceptions between the two respondents’ groups on the importance of performance indicators.FindingsIn relation to the two areas of indicators used in assessing PPP performance, the findings show that the top three important performance indicators for financing and markets are: “Operational cost”, “Construction cost” and “Construction period”. While the top three important performance indicators for innovation and learning are: “Technology innovation”, “Employee training” and “Financial innovation”. In terms of the differences in the perceptions between the public and private sector groups, the test results indicate that there is only one significant statistical difference for each aspect of performance indicators.Originality/valueThis study offers empirical evidence on key financial performance indicators for PPP projects as perceived by two key parties in a PPP contract that are public and private sectors.

Legal Aspects of Public-Private Partnership in Ukraine: Snapshot of Recent Experience and Current Processes

Legal Aspects of Public-Private Partnership in Ukraine: Snapshot of Recent Experience and Current Processes

Financial and legal aspects of public-private partnership in financing revitalization activities - general issues

Public participation is gaining importance with regard to the implementation of munici­pal investments of various kinds. The relations between inhabitants and local authorities, are cur­rently coming more towards participation based on consensus rather than confrontation. Changes in this area are a positive result of both the examples of good practices coming from the developed European countries (Norway, France, Germany), as well as the orientation of the EU urban policy in this direction. At the same time, however, the EU urban policy draws attention to the scarcity of public financing as regards municipal investment projects. The EU policy emphasizes the need to involve private funds. Both the EU and Polish strategic documents on urban policy point to the role and importance of public-private partnership in financing municipal investments. The pa­per presents public-private partnership as one of the basic means of realization of the idea of social participation in the financing of revitalization processes as well as the problems related to this fund­ing model within the Polish legislation in relation to the European Union provisions in this regard.

Risk and Contract Design in Public Private Partnerships.

This paper examines the Risk Management and Contract Design aspects of Public Private Partnerships. Part I begins with the question: How is a public private partnership distinct from public-private interaction over history? From this question, it identifies risk allocation and risk sharing as a central feature of PPPs today. Part II attempts to see when PPPs to be used, as well as the potential advantages and disadvantages of PPPs. These lead us to the central part of the study. Part III examines Risk in four parts: a profile of risk in PPPs, risk categories, risk allocation principles & strategies, and some common mistakes. All risk management is manifested in the contract specifications. Part IV therefore focuses on Getting the Contract Right, from the structure as well as the key aspects of contract formulation. The paper draws on the PPP experience, drawn from the UK, Australia, Asia and India for illustrations. The paper ends with concluding remarks.

Ram Leela or Ravana Mela? Risk and Its Management in Public Private Partnerships

This paper examines the Risk Management and Contract Design aspects of Public Private Partnerships. Part I begins with the question: How is a public private partnership distinct from public-private interaction over history? From this question, it identifies risk allocation and risk sharing as a central feature of PPPs today. Part II attempts to see when PPPs to be used, as well as the potential advantages and disadvantages of PPPs. These lead us to the central part of the study. Part III examines Risk in four parts: a profile of risk in PPPs, risk categories, risk allocation principles & strategies, and some common mistakes. All risk management is manifested in the contract specifications. Part IV therefore focuses on Getting the Contract Right, from the structure as well as the key aspects of contract formulation. The paper draws on the PPP experience, drawn from the UK, Australia, Asia and India for illustrations. The paper ends with concluding remarks.

Accounting, regulation and profitability: The case of PFI hospital refinancing

Abstract The refinancing of PFI (Private Finance Initiative) projects represents one of the most contentious aspects of Public Private Partnerships (PPPs) in the UK. The negative publicity associated with UK PFI refinancing deals is associated with several factors, including, evidence of massive private sector profit making, the failure of private sector financiers to share refinancing profits and, lastly, private sector frustration of adequate regulatory intervention in this area. Utilising a dynamic model of capital market and state interaction, this paper explains these outcomes as a function of effective private sector lobbying of bureaucratic state agencies to alter the structure of accounting, accountability and regulation with the goal of securing favourable profit and risk outcomes. These dynamics are illustrated with reference to the history of UK PFI refinancing and a case study of one of the projects where these gains reached extreme levels.

Explaining the Formation of Public-Private Partnerships in a Cross-Country Context - A Tripod Framework with Ten Critical Factors

Public-private partnerships (PPPs) have become an important means in public services provision; research thereof has been increasing. This article develops a tripod framework to explain PPPs formation in a cross-country context, the tripods being the market, the operating environment, and the government, each with two or three factors supporting respective aspects of PPPs. We apply the framework in analyzing first-hand survey data from four transitional economies and three advanced economies. Using Exploratory Factor Analysis, we identify seven factors as critical in creating PPPs; they are: market potentials, institutional guarantee, government credibility, financial accessibility, government capacity, centralized management, and control of corruption. The efficacy of the proposed framework is justified by its explanatory power of the practical side of PPPs and largely confirmed with results from a sensitivity test with Weighted Logistic Regression.

Modern aspects of public private partnership

Development of infrastructure is essential presumption for growth and development of relevant economic entities. The empirical evidence of private initiative importance and potentials in the establishment of cooperation with the public sector in infrastructure projects financing and operation refocused professional and academic attention on the studies of this phenomenon. The realm of the public private partnership (PPP) became scientifically treated as an interdisciplinary skill based mostly on project financing, whilst practically it became almost mandatory method for economic prosperity. Practical problems in implementation appeared due to lack of knowledge and nonsystematic approach in researches of private public partnership. This paper presents theoretical and practical directions for actors in this cooperation, scoping for mobilization of assets and energy for development and facilitation, and advancing of project investments efficiency.

Modern aspects of public private partnership

Development of infrastructure is essential presumption for growth and development of relevant economic entities. The empirical evidence of private initiative importance and potentials in the establishment of cooperation with the public sector in infrastructure projects financing and operation refocused professional and academic attention on the studies of this phenomenon. The realm of the public private partnership (PPP) became scientifically treated as an interdisciplinary skill based mostly on project financing, whilst practically it became almost mandatory method for economic prosperity. Practical problems in implementation appeared due to lack of knowledge and nonsystematic approach in researches of private public partnership. This paper presents theoretical and practical directions for actors in this cooperation, scoping for mobilization of assets and energy for development and facilitation, and advancing of project investments efficiency.