@article{gorodnova2019development,
  title = {Development of an Original Methodology  For Assessment of Private-Public Integration  Efficiency Level},
  author = {Natalia V. GORODNOVA and Alexander G. MOKRONOSOV and Dmitrii S. VORONOV and Anastasiya A. PESHKOVA},
  year = 2019,
  url = {https://ibimapublishing.com/articles/JIBBP/2019/918452/},
  journal = {Journal of Innovation and Business Best Practice},
  volume = 2019,
  pages = 12,
  doi = 10.5171/2019.918452,
  abstract = {Purpose: The Analysis of the accumulated foreign experience and Russian practices shows that the most relevant institution of all the institutional interactions between the government and the private companies is the partnership institution remarkable for the combination of the institutional parity, autonomy of will, participants’ material independence, risk allocation principles as well as the combination of the partners’ scientific, technology, production and financial resources which provide for synergy.  In addition, the above private-public partnership (hereinafter PPP) in the form of public contract, concession agreement and public procurements improve substantially the management of public and municipal property, especially in the construction sector, thanks to delegating the above function to the private sector. It becomes a matter of public policy to establish the regulatory and legal framework aimed at the regulation of new forms of the economic cooperation between the private sector and the government to direct the corporations’ funds to the creation and development of the social and economic projects implemented within the PPP. The purpose of this research paper is to develop an original approach and a scientific methodology for the assessment of government and public sectors integration efficiency level applicable to the PPP assessment in various countries. Such methodology will allow assessing the current situation and the prospects of PPP mechanism development and implementation of the infrastructure projects under the conditions of private-public partnership in one particular state. Design/methodology/approach: The authors have proposed and evaluated the new approach and the original methodology for the assessment of the private and public sectors integration efficiency allowing ranking the countries by level of integration processes development. The methodology is unique due to obtaining the overall integration level value based on the purposely designed integrated system of values. Such overall value allows assessing the level of the institutional environment development, the experience of the PPP infrastructure projects implementation, the willingness of the governmental authorities, the private companies and the society as a whole to implement the social and priority PPP projects.  Findings: The research has shown a different level of public and private sectors integration in different countries. The implementation of PPP projects is an essential practice and attribute of the economically developed countries.  The implementation of PPP mechanism in Russia began in 2015 when the Federal Law On the Private-Public Partnerships was adopted.  Therefore, we can make a conclusion that there is a progressive development and establishment of PPP in the current economic conditions in Russia. The authors have developed the new methodology to assess the current Russian laws that have generated an explosive growth of the implemented PPP projects and will, according to expectations, expand the opportunities for the PPP in the future. Research/practical implications: The findings of this research may be useful for the scientists who address the issues and matters of integration of public and private capitals, public and municipal authorities, specialists of the major private companies and think tanks that are professionally involved into enhancing the efficiency of the interaction between the government and the private business. },
  keywords = {public-private partnership, infrastructure projects, rating of countries (regions), algorithm for evaluation, method of peer review, economic development.},
  note = Article ID: 918452
}