Challenges, barriers, and solutions in public-private partnerships (ppp): A comprehensive review

• Autores: Farah Binti Ibrahim, Amer Hamzah Bin Jantan
• Localización: International Journal of Professional Business Review: Int. J. Prof.Bus. Rev., ISSN 2525-3654, ISSN-e 2525-3654, Vol. 9, Nº. 10, 2024 (Ejemplar dedicado a: Continuous publication; e05074)
• Idioma: inglés
• DOI: 10.26668/businessreview/2024.v9i10.4830
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• Resumen

  • Objective: This study aims to systematically analyze and categorize the challenges, barriers, and solutions associated with Public-Private Partnerships (PPPs) through a review of recent literature, providing actionable recommendations to improve PPP implementation and outcomes.

      Theoretical Framework: In this topic, the main concepts and theories that underpin the research are presented. Institutional Theory, Governance Frameworks, Risk Management Theories, and Collaborative Governance, stand out, providing a solid basis for understanding the context of the investigation.

      Method: The exploration of PPP challenges and barriers are conducted by analyzing recently published research on PPP through a systematic literature review. This to establish an understanding of challenges and barriers to suggest specific intervention effort and most ideal solution a to ease PPP issues.

      Results and Discussion: The article analyzes 25 selected articles to develop specific categories by grouping together various challenges, barriers and solutions that can be deduced from the selected literatures discussing PPP implementation process to provide comprehensive view for both practical use and theoretical understanding.

      Research Implications: The practical and theoretical implications of this research are discussed, providing theoretical understanding and practical application of PPPs These implications could encompass a robust framework that can be utilized across various sectors and countries.

      Originality/Value: This study contributes to the literature by providing a comprehensive synthesis of the challenges, barriers, and solutions associated with Public-Private Partnerships (PPPs). The relevance and value of this research are evidenced by its systematic categorization and analysis of these issues, which offers a structured approach to understanding the complexities of PPPs. By integrating diverse perspectives from multiple countries and sectors, this study advances the discourse on PPPs and enhances the generalizability of the findings.