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An integrated ecosystem model for understanding infrastructure PPPs

Author

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  • Leviäkangas, Pekka
  • Ojala, Lauri
  • Töyli, Juuso

Abstract

To overcome the seemingly chronic funding gap for public infrastructure investments, well over thousand Public-Private Partnerships (PPPs) have been carried out around the world with varying success in terms of investor returns and socio-economic sustainability. This paper proposes an integrated model that assesses PPP projects at three levels of observation: i) the market; ii) the cash-flow of a project; and iii) the ecosystem around PPPs. The aim is to build a more holistic yet comprehensible framework that links these three levels to better understand PPPs especially in the context of infrastructure projects. It can also be modified to fit multiple contexts and used as a tool for analysing PPPs in their early stages.

Suggested Citation

  • Leviäkangas, Pekka & Ojala, Lauri & Töyli, Juuso, 2016. "An integrated ecosystem model for understanding infrastructure PPPs," Utilities Policy, Elsevier, vol. 42(C), pages 10-19.
    • Handle: RePEc:eee:juipol:v:42:y:2016:i:c:p:10-19
    DOI: 10.1016/j.jup.2016.09.001
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    References listed on IDEAS

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    Cited by:

    1. Nannan Wang & Minxun Ma, 2021. "Public–private partnership as a tool for sustainable development – What literatures say?," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 243-258, January.
    2. Maryati, Sri & Humaira, An Nisaa Siti & Afriana, Anita & Roekmi, Raden Ajeng Koesoemo & Suhartini, Ninik, 2021. "Developer behavior in local infrastructure provision in Indonesia: Implications for policy," Utilities Policy, Elsevier, vol. 70(C).
    3. Fusheng Xie, 2022. "Research on Sustainability of Financing Mode and Demand of PPP Project—Based on Chinese PPP and Local Financing Platform Alternative Perspective," Sustainability, MDPI, vol. 14(21), pages 1-19, November.
    4. Bao, Fengyu & Martek, Igor & Chan, Albert P.C. & Chen, Chuan & Yang, Yang & Yu, Heng, 2023. "Assessing the public-private partnership handover: Experience from China's water sector," Utilities Policy, Elsevier, vol. 80(C).
    5. Soukopová, Jana & Vaceková, Gabriela & Klimovský, Daniel, 2017. "Local waste management in the Czech Republic: Limits and merits of public-private partnership and contracting out," Utilities Policy, Elsevier, vol. 48(C), pages 201-209.
    6. Leviäkangas, Pekka & Öörni, Risto, 2020. "From business models to value networks and business ecosystems – What does it mean for the economics and governance of the transport system?," Utilities Policy, Elsevier, vol. 64(C).

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