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

Title: A Critical Approach to Public-Private Partnership: Some Case-Studies

Authors

  • Sanjay Varma, Xavier Institute of Management

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.

Title: Enabling Innovation Fission: Higher Education as the Catalyst for the Indian Economy

Authors

  • Rahul Choudaha, World Education Services
  • Vijaya Narapareddy, University of Denver

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.

Title: Energy : The Most Important “Flattener” of Our Time?

Authors

  • Girish Rao, Shell Technology India Pvt. Ltd.

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.

Title: Governance and Risk Allocation in Public Private Partnerships in India

Authors

  • Rekha Rao, Imperial College London
  • Gerard George, Singapore Management University
  • Kashyap Kompella, TPI India

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.

Title: Growing Together: Private Public Partnership and Corporate Social Responsibility

Authors

  • Patrick Reinmoeller, Cranfield University

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


Strategic Management Society

India Initiative

2008 Special Conference

2010 Bangalore Workshop

2011 Calcutta Workshop

2013 SPECIAL CONFERENCE