Experiences of Public-Private Partnership and Innovative Finance

This publication has the merit of offering interesting perspectives on the public-private partnership (PPP) model and, more generally, on innovative methods in public administration by new and modern approaches to its management.
It can be said that PPP represents a sort of third way in which, unlike the traditional model that foresees the production of goods entirely by the private sector or by the public sector, the public entity and private enterprises (whether profit or non-profit) collaborate to provide a public good or service to citizens.
The third way can be understood as an attempt to combine the value of the public sector with the qualities of market-oriented entities, that is, as a durable collaboration based on the project’s life cycle, in which the actors jointly develop products and services with an explicit sharing of risks, costs, and benefits.