UNDERSTANDING THE RELATIONSHIP BETWEEN INFRASTRUCTURE PUBLIC‒PRIVATE PARTNERSHIPS AND INNOVATION

Veiko Lember, Ole Helby Petersen, Walter Scherrer and Robert Ågren

Annals of Public and Cooperative Economics, 2019, vol. 90, issue 2, 371-391

Abstract: While the contemporary academic discourse regards innovation as an inherent feature of infrastructure public‒private partnerships (PPPs), the conceptual link between infrastructure PPPs and innovation is narrowly understood. While most existing studies conceptualize the innovation processes and effects within the context of PPP projects, we argue that the relevance of innovation in infrastructure PPPs goes beyond specific projects. In this conceptual article, we examine why and how infrastructure PPP innovations can shape the evolution of the involved private and public sector organizations – and therefore the respective sectors – more broadly. We show that innovation in the context of PPPs has much broader implications and potential outcomes than as emphasized in the literature so far.

Date: 2019
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