Articles

Creating and Capturing Value in Public-Private Ties: A Private Actor's Perspective

I. KIVLENIECE, B. QUÉLIN

Academy of Management Review

April 2012, vol. 37, n°2, pp.272-299

Departments: Strategy & Business Policy, GREGHEC (CNRS)

Keywords: Public-private interorganizational relations, Governance, Public opportunism, Social activism, Value creation, Value distribution

http://ssrn.com/abstract=1932047


Intersecting the boundaries of public and private economic activity, public-private ties carry important organizational strategy, management, and policy implications. We identify the value creation and capture mechanisms embedded in these ties through a theoretical framework of two conceptual public-private structural alternatives, each associated with different value-creating capacities, rationales, and outcomes. Two important restraints on private value capture-public partner opportunism and external stakeholder activism-arise asymmetrically under each form, carrying a critical effect on partnership outcomes


JavaScriptSettings