Developing Public–Private Partnership Projects to Enhance Innovation Capability in the Defence Industry

Abstract

The relevance of this study resides in the need to determine the key measures for a more effective application of the mechanism of public–private partnerships (PPP) in the implementation of large-scale infrastructure projects, aimed at developing the innovation potential of the Russian defence–industrial complex (DIC). Through the analysis of foreign practices of the application of PPP in the defence industry, representing a vast body of scientific and popular literature on the development of the defence industry in the U.S. and the countries of Europe and Asia, as well as a review of the domestic regulatory framework, the authors have identified the most common and key problems that are obstacles to the effective and sustainable development of PPP mechanisms, and their application not only in the civil, but also in the defence sector. This work pays specific attention to the requirements that are imposed on public and private partners in the process of implementing PPP projects in the context of SDO performance, along with the risks that are inevitably associated with the activities of each of the parties. As a result, the authors present a graphical interpretation of the algorithm for financing the state defence order (SDO) and disclose the system of interaction between the elements of a given algorithm, as well as formulating an essential recommendation for the further development of PPP in Russia.

A socio-economic multi-objective optimization approach toward enhancing public–private partnerships’ concession agreements in infrastructure development

“…A PPP may be seen as a constructed agreement involving some parties, a public party, and private parties to construct, renovate, maintain, manage, or operate a project that serves the public and private needs (Pereira et al, 2021; Pukhova et al, 2021). Some refer to it as a method for project funding, which can help overcome the public party's economic limitations via direct capital investment from the private parties in service establishment (Alinaitwe and Ayesiga, 2013).…”

Application of Asset Pricing Model in the determination of Public-Private Partnership

“…With the help of PPP, the private and public sectors could reach towards equally beneficial agreement. Here, the private and public sectors have the guarantee of facing several risks that are entailed by limited time gaps within the project planning stage and its genuine integration (Pukhova et al, 2021).…”

Project Delivery Systems: The Partnering Concept in Integrated and Non-Integrated Construction Projects

“…There is a difference in partnerships between non- Partnerships, in general, are used in a hierarchical fashion based on their level of maturity. Previous studies [7,15,16] define them as "competition", "cooperation", "collaboration", and "coalescence" [4,11,17]. Stakeholders are more likely to be invested in a project if the partnership process is carried out at a mature level [4,11,12,17].…”

“…In order to highlight this concept, some researchers [7,15,21,22] have established a continuum of partnerships that outlines four main stages: competition, cooperation, collaboration, and coalescence. Moreover, "competition" describes the typical owner-contractor relationship, where every party pursues distinct objectives and "working together" is not emphasized.…”