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Governance structures and collective decision making

In: Structuring Public–Private Research Partnerships for Success

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Abstract

In this chapter, we advance a collective choice framework to interpret the selection and implementation of public–private research partnerships in the face of conflicts between private self-interest and the public interest. We isolate the political, economic, and ideological forces that emerge in the strategic interactions among the partners. This allows us to formally demonstrate the crucial role that the assignment of authority, control, or decision rights plays in the collective choice arising from PPRPs. The political power captured by each of the partners may be one of the motives for individuals or firms to join a PPRP. Quite simply, they will join the PPRP if the benefit from doing so exceeds the cost involved in the process. Other major reasons to form a PPRP may be symbolic social incentives and a commitment to collaborations that engage different types of intellectual capital.

Suggested Citation

  • ., 2016. "Governance structures and collective decision making," Chapters, in: Structuring Public–Private Research Partnerships for Success, chapter 7, pages 105-130, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14178_7
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    Cited by:

    1. Harvey, L.D. Danny, 2018. "Cost and energy performance of advanced light duty vehicles: Implications for standards and subsidies," Energy Policy, Elsevier, vol. 114(C), pages 1-12.
    2. Chang, Zheng & Phang, Sock-Yong, 2017. "Urban rail transit PPPs: Lessons from East Asian cities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 105(C), pages 106-122.
    3. Edyta Ropuszyńska-Surma & Magdalena Węglarz & Janusz Szwabiński, 2018. "Energy prosumers. Profiling the energy microgeneration market in Lower Silesia, Poland," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 28(1), pages 75-94.

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