Session Details: Session 1019
Value Creation and Innovation through Public-Private Partnerships
Track H |
Date: Saturday, December 13, 2008 |
Time: 11:15 – 12:30 |
|
Common Ground |
Room: MLT4 |
- Facilitator:
- Gerard George, Singapore Management University
- Discussant:
- Ravi Madhavan, University of Pittsburgh
Public-private partnership (PPP) is increasingly the favoured mode of provision of public infrastructure and delivery of services to citizens. Benefits like higher efficiency and timely completion of projects are well known. However, it is in many cases also leading to erosion of net social and environmental capital of a society. PPP involves sharing with the private sector the government’s traditional responsibilities and thus marks a fundamental change in the citizen’s relationship with the State. Consequences and impact of such change are only now becoming visible and has not yet been fully studied. This proposal is to study the effects of use of PPP mode in some case-studies, based on which recommendations for minimisation and mitigation of impact will be made.
India with 700 million bottom of the pyramid consumers need breakthrough innovations (Prahalad, 2006). The authors argue that higher education can serve as a catalyst in initiating and invigorating the pace of innovation for the Indian economy. The research focuses on identifying the opportunities and challenges for engineering and management education in creating innovation ecosystem. The overarching purpose of this paper is to facilitate development of relevant and effective policies, strategies, and practices in management and engineering education, so that India may maximize the innovation potential of its human capital. This is a mixed design exploratory study that uses online Delphi method. The authors engage faculty from engineering and management schools in India as expert panel members to achieve the research objectives.
The inability of existing, easily available hydrocarbon energy sources to meet the needs of an ‘energy thirsty’ and growing population represents one of the most serious threats to our future. This paper will describe how Royal Dutch Shell is addressing the challenge. One of our initiatives is the creation of Shell Technology India: a R&D centre which will allow us to nurture local talent and develop relevant technologies. This will only make a difference however when we work in a truly flat world: where governments, industries and society collaborate to implement global solutions. The current energy challenge represents an opportunity for India to take the lead and, with the creation of ‘Shell Technology India’, we also aim to play a pivotal role in this journey.
In this study we examine the factors underlying the distribution of risk in multi-party projects. The context of this study is the formation and performance of public-private-partnerships (PPP) in infrastructure projects in India. PPP are becoming prominent as a means of providing infrastructure without directly impacting upon a country’s public sector’s finances, especially the Indian government’s capacity to borrow is hindered for large infrastructure projects that often run in the tune of one billion dollars or more each project. Hence, it is interesting to look at the risks involved in PPP and how they can be managed efficiently. In this paper, we examine the successful cases of risk allocation in Indian context and formulate a model of collaboration in multi-partner execution projects based on the different assumptions underlying risk allocation and risk management.
Commercial enterprises and public partners need each other’s complementary assets. Commercial partners may seek resources, skills and legitimacy. Public partners on the other hand may seek the financial clout and expertise of business firms. Taking stock of who owns what results in asset profiles that are assessed on whether they match. Common as this way of framing private public partnerships (PPP) is, it is misleading. This paper contributes to knowledge on the link between private public partnerships and CSR by building theory on 1) how the dynamic nature of partnerships unfolds, 2) how partners amplify what is taken for granted, and by 3) how partners’ “growing together” stimulates innovation.
All Sessions in Track H...
- Sat: 11:15 – 12:30
- Session 1019: Value Creation and Innovation through Public-Private Partnerships
- Sat: 13:30 – 14:45
- Session 1024: Innovation and Entrepreneurship in Rural and Low-income Communities
- Sun: 15:00 – 16:15
- Session 1025: Social Entrepreneurship and Development