Does Experience Exert Impact on a Public-private Partnership Performance? The Case of Poland

• Autorzy: Joanna Węgrzyn
• Języki publikacji: EN

Abstrakty

EN

Research background: Researchers traditionally assume that learning is a product of experience. In general, it means that learning can only take place through the attempt to solve a problem and therefore only takes place during activity. On the ground of organizational theory, it has two implications. First, we can agree that repeated activity requires less effort. Second, we can argue that firms undertake activities, with which they have been the most successful in the past and that they expect to be the most successful in the future.
Purpose of the article: The aim of the research is twofold. Firstly, this article aims to investigate if we can identify a relationship between the experience in PPP projects and the performance of initiatives of this kind. Secondly, the article aims to provide an interpretation of the relationship between experience and PPP performance.
Methods: This research investigates factors influencing the survival of PPP projects in Poland over the period 2009-2015. Cox proportional hazard model is utilized to distinguish between PPPs that succeeded to the operation phase and those that were canceled on the procurement stage.
Findings & Value added: The research confirms the existence of a positive relationship between experience in PPP and the outcome of a PPP development. (original abstract)

Słowa kluczowe

EN

Public-Private Partnerships (PPP); Survival analysis; Investment decisions

PL

Partnerstwo publiczno-prywatne (PPP); Analiza przeżycia; Decyzje inwestycyjne

• Czasopismo: Equilibrium
• Rocznik: 2018
• Tom: 13
• Numer: nr 3
• Strony: 509--522

Twórcy

autor

Joanna Węgrzyn

• Cracow University of Economics, Poland

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Identyfikatory

DOI

10.24136/eq.2018.025