Both the increasing private participation in public projects and the critical importance of appropriate risk allocation to the success of public-private partnership (PPP) projects justify specific research on the risk allocation practice in PPP projects, particularly whether the practice is...

The performance of public-private partnership (PPP) infrastructure projects is largely contingent on whether the adopted risk allocation (RA) strategy is efficient. Theoretical frameworks drawing on the transaction cost economics and the resource-based view of organizational capability are able...

The aim of the article is to present how Public Private Partnership (PPP), a new collaboration between public and private sector, is implemented and is developed, in three European countries (Romania, France and United Kingdom). Although PPP is considered to be an important instrument for...