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

Ilze Kivleniece (1) , Bertrand Quélin (2)

1 HEC Paris - Recherche - Hors Laboratoire
2 GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC

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.

Mots clés: value; public-private ties; private actor's perspective

Domaines: Stratégie et politique d’entreprise

Ilze Kivleniece, Bertrand Quélin. Creating and Capturing Value in Public-Private Ties: A Private Actor's Perspective. Academy of Management Review, 2012, 37 (2), pp.272-299. ⟨10.5465/amr.2011.0004⟩. ⟨hal-00677772⟩