Creating and Capturing Value in Public-Private Ties: A Private Actor's Perspective
从私人参与者视角,提出两种公私合作结构,分析其价值创造与获取机制,并指出公共伙伴机会主义和外部利益相关者行动对私人价值获取的制约。
Intersecting the boundaries of public and private economic activity, public-private ties carry important organizational strategy, management, and policy implications. We identify the value creation and capture mechanisms embedded in these ties through a theoretical framework of two conceptual public-private structural alternatives, each associated with different value-creating capacities, rationales, and outcomes. Two important restraints on private value capture—public partner opportunism and external stakeholder activism—arise asymmetrically under each form, carrying a critical effect on partnership outcomes.