Strategic Management of Public–Private Partnerships: Actors, Aims, and Capabilities

In the last 20 years, Public-Private Partnerships (PPPs) have substantially modified business assets in critical sectors, such as those related to public utility services. In several cases, the cooperation between public and private actors has been a determinant at both the local and national level in the maintenance or improvement of the development of resources, dynamic and ordinary capabilities, and competences that are fundamental to ensuring the innovation of services and processes for the firms, together with the satisfaction of the stakeholders’ interests. This chapter examines, from a strategic perspective, the roles and functions of the public–private interplay in the development of critical business. How much the PPP managing capabilities are a determinant to learning, increasing, and developing the knowledge and business innovation as a whole is specifically highlighted.