Managing across corporate boundaries: Public-private partnerships

Abstract

Public-private partnerships (PPPs) have come to be regarded as the collaboration paradigm of the 21st century (Austin 2000, p. 40) to tackle global challenges. If a PPP is well selected and managed, a corporate PPP engagement can have a positive impact on the business's efficiency, growth, and legitimacy. For companies, engaging in PPPs is often a new experience and challenge. Likewise, the research on PPPs is still at an early stage. Consequently, this paper develops a comprehensive framework for successful PPP management. Taking into account that PPPs aim to induce change among people and systems, the author applies valuable insights from the change management literature. At the same time, the framework follows a system approach and acknowledges the strong interdependencies between the partners and their environment. © 2010 Gabler Verlag | GWV Fachverlage GmbH, Wiesbaden.