Public Private Partnership In Kenya
DETERMINANTS OF PRIVATE SECTOR PARTICIPATION IN PUBLIC PRIVATE PARTNERSHIPS IN KENYA
L50/84813/2016: NG’ANG’A NAOMI WACERA
Introduction
Public Private Partnerships (PPPs) are collaborations between public entities (governmental agencies) and private sector companies. PPPs are defined as contractual agreements between a public agency or public-sector authority and a private-sector entity that allow for greater private participation in the delivery of public services, or in developing an environment that improves the quality of life for the general public (Witters, Marom, and Steinert, 2012).
Rosenau (2000) describes PPPs as division of labour between government and the private sector. The private sector, in such partnerships, implements
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This form of cooperation is commonly referred to as Public Private Partnerships (PPPs), which may be formally defined as “…institutional relationships between the state and the private for-profit and/or the private not for-profit sector, where the different public and private actors jointly participate in defining the objectives, the methods and the implementation of an agreement of cooperation (Malik, (2010). Joint working between the public and private sectors, in fields such as housing, economic development and regeneration, transport and municipal enterprises, has achieved a great deal over the years. Many governments are keen to build on this success, by extending successful approaches to delivering good value for money, and by developing new ones. Often the criteria used to choose the private partner for PPPs are more complex than just who offers the best price and who conforms to the technical specifications. There is no unified theoretical basis for PPPs. However, among the various theories one may point out the Principal Agent framework given the specific nature of risks existing in most PPP projects. Most of these risks are uninsurable. Indeed, the probability of risk materialization directly depends on the PPP partners’ behaviour. …show more content…
Specific Objectives
The study shall be guided by the following specific objectives:
i. To investigate whether project mission is a key determinant of private sector participation in public private partnerships in Kenya. ii. To analyze technology as an influential factor for successful public-private partnerships in Kenya. iii. To find out whether project team is an influential factor of private sector participation in public private partnerships in Kenya. iv. To establish whether top management support is a key determinant of private sector participation in public private partnerships in Kenya.
References
Austria, S. A. (2013, June 24). PPP is NOT Privatization. Retrieved from PPP Center: http://ppp.gov.ph/?p=14948
Chevron Corporation (2011). Education Partnership Inspires Students around the World.
Hodge, G., & Greve, C. (2013). Public-Private Partnership: A Contemporary Research Agenda. Paper for the Public-Private Partnership Conference Series 41 CBS-Sauder-Monash (pp. 1-18). British Columbia, Canada: Sauder School of Business, University of British
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