PPP refers to forms of working together between publicly (regulated) entities - that are financed by private enterprises..
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| A SQUARE :: 29Nov07 Product innovation - a case study |
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Category
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Public Private Partnership, PPP
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Author
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Sona Blessing
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• Interaction between the public entity /sector and representatives from the private sector
• Focus on achieving and tracking complimentary goals
• Galvanising synergies through a process
• Identity and responsibilities of each partner/entity stays intact
• The joint effort is formalised via a legal contract but can also be effective without such
Indirect investments in PPPs have already been a success and are on the market in countries such as Australia, Great Britain and Germany.
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