Examining the State of Public-Private Partnership (PPP) Institutionalization in the United States

The Engineering Project Organization Journal (December 2018) Volume 8

22 Pages Posted: 1 Feb 2019

See all articles by Carter Casady

Carter Casady

Stanford University - Global Projects Center

Kent Eriksson

Royal Institute of Technology (KTH)

Raymond E. Levitt

Stanford University, Global Projects Center

W. Richard Scott

Stanford University

Date Written: December 2018

Abstract

Globally, public-private partnerships (PPPs) have increased in popularity as an alternative procurement model for infrastructure development projects. While PPPs have been widely researched and remain subject to extensive debate, the process of PPP institutionalization has been largely overlooked. To address this knowledge gap, we utilize a combination of both Johnson et al.’s (2006) four phases of institutionalization—innovation, local validation, diffusion, and general validation—and Mrak’s (2014) three models of PPP institutionalization—centralized, decentralized, and mixed—to examine the current state of the U.S. PPP market. Using data on 368 U.S. PPP projects from Inframation’s global transactions database, our case analysis indicates America’s PPP institutionalization process is strongly decentralized and currently in a state of diffusion. Our analysis also suggests general validation of PPPs in the U.S. will likely be predicated on shifting to a mixed PPP institutionalization model.

Keywords: institutionalization, governance, public-private partnerships (PPPs), infrastructure, United States

Suggested Citation

Casady, Carter and Eriksson, Kent and Levitt, Raymond E. and Scott, W. Richard, Examining the State of Public-Private Partnership (PPP) Institutionalization in the United States (December 2018). The Engineering Project Organization Journal (December 2018) Volume 8 , Available at SSRN: https://ssrn.com/abstract=3317770

Carter Casady (Contact Author)

Stanford University - Global Projects Center ( email )

United States

Kent Eriksson

Royal Institute of Technology (KTH) ( email )

Lindstedtsvägen 30-100 44
Stockholm, SE-100 44
Sweden

Raymond E. Levitt

Stanford University, Global Projects Center ( email )

Stanford, CA 94305
United States

W. Richard Scott

Stanford University ( email )

Stanford, CA 94305
United States

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