Public-Private Partnership In Countries Research Articles

RESEARCH OF CONDITIONS FOR DEVELOPMENT OF PUBLIC-PRIVATE PARTNERSHIP CONCEPT

Public-Private Partnership (PPP) is a contractual relationship that integrates resources of the public and private sectors in the function of more efficient building public services. Over time, national governments have accepted, developed and organized Public-Private Partnerships in various ways, by respecting its historical and cultural context, the legal framework and the economic environment. The goal in this paper is to identify key factors that may have an impact on the development of public-private partnerships. In this paper, along with the presentation of previous research, we will demonstrate the development of the concept of Public-Private Partnership in countries with different political, social and economic regulations.

Legal Regulation of Public-Private Partnership in Russia and Other Countries of the Eurasian Economic Union

This article examines comparatively legislation on the public-private partnership in the countries of Eurasian Economic Union and the relationship with Model Law “On Public-Private Partnership” adopted within the framework of the Commonwealth of Independent States. It is argued that the national acts of such countries could be improved and harmonized by developing their categorial apparatus and the extension of permissive regulation of public-private partnership. The legal qualification of an agreement on public-private partnership and other investment contracts with the participation of the State stipulated in other laws is also examined. It is concluded that such agreements comprise not only private, but also public law elements and might be regulated in special legislation containing rules of civil and public law on the basis of balancing private and public interests in public-private partnership.

Public-Private Partnership Models for Science, Technology, and Innovation Cooperation

The paper looks at cooperation models for science, technology, and innovation with clear aims at delivering value and progress in these fields. Such cooperation models have been established in various forms in many countries. One special form of cooperation is the public-private partnership which also comes in many different forms. The article is based on the analysis of 20 public-private partnerships located in Austria, Australia, Belgium, Germany, Ireland, Japan, New Zealand, Sweden, and The Netherlands. Public-private partnerships for science, technology, and innovation have various institutional and organizational models. The common central issue of all different models is an interdisciplinary management committee consisting of both academic and industrial representatives which is responsible for the alignment of all partners’ interests. In addition, public-private partnerships need carefully developed strategies and well-thought-out contractual basis in line with respective stakeholder communication. Frequently, public-private partnerships are established by a small number of partners but extended at later development stages requiring a seamless and transparent partner selection procedure. Equally important is a sustainable financial agreement which allows mid-term and long-term work by the public-private partnerships. Moreover, in the course of globalization, the regulatory requirements for public-private partnerships in countries and regions are becoming increasingly important. Therefore, in addition to statutory regulations, human resources, scientific excellence, and infrastructure are important determinants for locations which aim at providing attractive framework conditions for public-private partnerships. Finally, it must be noted that two different research cultures meet in public-private partnerships: Synergies have to be found between basic academic research and applied industrial research, and they have to be used for mutual added value. Before establishing public-private partnerships formally, particular attention must be paid to so-called competing values. These must be regulated in a contract, and transparent control and sanction mechanisms must be introduced. In so doing, the mistrust associated with divergent interests (for example in relation to intellectual property rights) can be effectively prevented from the outset.