Examining the state of public-private partnership (PPP) institutionalization in the United States

Carter B. Casady, Kent Eriksson, Raymond E. Levitt, W. Richard Scott

    Research output: Contribution to journalArticleScientificpeer-review

    Abstract

    Globally, public-private partnerships (PPPs) have increased in popularity as an alternative procurement model for infrastructure development projects. While PPPs have been widely researched and remain subject to extensive debate, the process of PPP institutionalization has been largely overlooked. To address this knowledge gap, we utilize a combination of both Johnson et al.’s (2006) four phases of institutionalization—innovation, local validation, diffusion, and general validation—and Mrak’s (2014) three models of PPP institutionalization—centralized, decentralized, and mixed—to examine the current state of the U.S. PPP market. Using data on 368 U.S. PPP projects from Inframation’s global transactions database, our case analysis indicates America’s PPP institutionalization process is strongly decentralized and currently in a state of diffusion. Our analysis also suggests general validation of PPPs in the U.S. will likely be predicated on shifting to a mixed PPP institutionalization model.

    Original languageUndefined/Unknown
    Pages (from-to)177–198
    JournalEngineering Project Organization Journal
    Volume8
    DOIs
    Publication statusPublished - 2018
    MoE publication typeA1 Journal article-refereed

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