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The Portuguese Experience with Public-Private Partnerships

Renneboog, Luc; Miranda Sarmento, J. - Tilburg University, Center for Economic Research - 2014

Abstract: This paper documents the Portuguese experience in Public-Private Partnerships (PPPs). Since 1993, Portugal has been using PPPs intensively, mainly for highway construction and in the health sector. This has enabled the country to close the infrastructure gap and avoid the budget...

Persistent link: https://www.econbiz.de/10011092109

Public-Private Partnerships : Risk Allocation and Value for Money

Renneboog, Luc; Miranda Sarmento, J. - Tilburg University, Center for Economic Research - 2014

This paper reviews the literature on the allocation and valuation of public-private partnerships (PPPs). First, the paper discusses why governments pursue PPPs and how value for money (VfM) is achieved. Second, the paper reviews the principles of risk allocation and valuation from an academic...

Persistent link: https://www.econbiz.de/10011092336

Values and Governance Systems

Ruys, Pieter H.M.; van den Brink, J.R.; Semenov, R. - Tilburg University, Center for Economic Research - 1999

representation governance, and a budget-allocation function. The common service is provided by a firm, which consists of a value …-production function, an implementation governance, and a remuneration function. They extend the concepts of the consumer and the producer … in neoclassical theory. The functions mentioned are determined by cooperative games. A governance is represented by a …

Persistent link: https://www.econbiz.de/10011092649

Learning and Innovation in Inter-Organizational Relationships and Networks

Nooteboom, B. - Tilburg University, Center for Economic Research - 2006

governance side of relationships.Given cognitive distance, organizations need to align cognition sufficiently to enable the fast … cognitive distance. Hence the importance of networks for innovation.On the governance side, the paper gives a review of … density and strength of ties in innovation networks, concerning both competence and governance. …

Persistent link: https://www.econbiz.de/10011092744

Competition and Mergers among Nonprofits

Prüfer, Jens - Tilburg University, Center for Economic Research - 2007

Should mergers among nonprofit organizations be regulated differently than mergers among for-profit firms? The relevant empirical literature is highly controversial, the theoretical literature is scarce. I analyze the question by modeling duopoly competition with quality-differentiated goods. I...

Persistent link: https://www.econbiz.de/10011090604

Anti-takeover Provisions as a Source of Innovation and Value Creation

Humphery-Jenner, M. - Tilburg University, Center for Economic Research - 2011

Managers are risk averse. Excessive risk-aversion can destroy shareholder wealth. A key source of risk is the threat of an opportunistic takeover designed to take advantage of depressed market prices. This is especially the case in innovative or hard-to-value (`HtV') companies whose price may be...

Persistent link: https://www.econbiz.de/10011091215

Density and Strength of Ties in Innovation Networks : A Competence and Governance View

Nooteboom, B.; Gilsing, V.A. - Tilburg University, Center for Economic Research - 2005

Taking into account both competence and governance issues, and six dimensions of tie strength, this article argues that …

Persistent link: https://www.econbiz.de/10011091255

Governance of Clubs and Firms with Cultural Dimensions

Ruys, Pieter H.M.; van den Brink, J.R.; Semenov, R. - Tilburg University, Center for Economic Research - 1999

of institutional features. An institutional approach is introduced that requires a cooperative governance to realize the … potential value-production by firms, or to realize the potential user-value by clubs. For each, a distinctive governance system … is introduced. The firm requires an implementation governance to activate the value-production capacities of its service …

Persistent link: https://www.econbiz.de/10011091595

Adaptive build-up and breakdown of trust : An agent based computational approach

Gorobets, A.; Nooteboom, B. - Tilburg University, Center for Economic Research - 2005

This article employs Agent-Based Computational Economics (ACE) to investigate whether, and under what conditions, trust is viable in markets. The emergence and breakdown of trust is modeled in a context of multiple buyers and suppliers. Agents develop trust in a partner as a function of observed...

Persistent link: https://www.econbiz.de/10011091766

Density and Strength of Ties in Innovation Networks : An Analysis of Multi-Media and Biotechnology

Gilsing, V.A.; Nooteboom, B. - Tilburg University, Center for Economic Research - 2005

In this article we provide an empirical illustration of hypotheses, developed in the literature, on the role of density and strength of ties in innovation networks.We study both exploration and exploitation networks in the Dutch multimedia and pharmaceutical biotechnology industry.We find...

Persistent link: https://www.econbiz.de/10011091807