As the United States public-private partnership (P3) market continues to mature, the rationale for increased P3 activity is increasingly under scrutiny by government officials, non-governmental organizations, taxpayers, among others. One key argument is that P3s generates innovation, which contributes towards greater value for money (VfM), when compared to conventional delivery methods. Yet, empirical evidence of innovation is scarce. Several research studies, however, have examined this issue. Thus, a comprehensive appraisal of this archival literature is done to uncover each article's: (1) theoretical grounding, (2) context and scope, (3) methodological basis, (4) approach for defining and assessing innovation, and (5) findings and conclusions. Consequently, this investigation synthesizes this existing archival research on innovation in P3s to characterize and compare the work that has considered this issue. In particular, the results evaluate the evidence to date regarding innovation in P3s, whether it is occurring or not, and what are its barriers or enablers. Findings suggest that past studies have found limited evidence of P3 innovation, but incremental improvements in value are present.
展开▼
