Use this URL to cite or link to this record in EThOS: http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.488216
Title: Public-private partnerships (PPPs) towards energy policy implementation in Thailand
Author: Pongsiri, Nutavoot
Awarding Body: University of Manchester : University of Manchester
Current Institution: University of Manchester
Date of Award: 2002
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Abstract:
The fundamental difference between the roles of public and private sectors is that governments respond to national interests and concerns, while private firms are driven by the imperatives of profit optimisation. In'the mixed economy system, conventional boundaries between the public and private sectors become blur and the new patterns of interaction have provided numerous opportunities for the private sector to perform public services under governmental binding contracts and regulation. A public-private partnership can be seen as an appropriate institutional means of dealing with particular sources of market failure by creating a perception of equity and mutual accountability in transactions between public and private organisations through co-operative behaviour. The relative merit of this idea is a mutual benefit toward greater co-operation and more effective sharing of resources between the public agencies and private firms in streamlining public service provisions. Although a partnership concept is becoming increasingly common in many areas, a true public-private partnership is more an idea than a reality at present. Implementation of the public-private partnership has apparently created a number of prevailing issues that are in need of clarification. Discussion of the extent of the public-private partnership without considering their fundamental differences would ignore a large and crucial part of the changes that ...commonly occur toward the process of partnership implementation. The intent of this research is to systematically delineate the important dimensions of the partnership between the two sectors and to integrate these dimensions into a unified conceptual model. This study departs from previous research by adding a behavioural approach into the model to understand the maintenance of intersectoral partnerships. The proposed model incorporates insights from interorganisational relations (IORs) theory with the transaction cost economics (TeE) perspective. It was empirically tested on a sample of management executives in Thailand's electric utility industries. The results revealed the factors and their logical relationships underlying the public-private partnership performance. These factors include the level of opportunistic behaviour, contractual safeguards for non-recoverable investments, different bases of conflict resolution techniques, frequency of interaction, partnership commitment, specialised asset holding, balance of cultural difference, interdependence, and trusting environments. The findings also offered some insights on the dynamics of the differences between the private and public sectors pertaining to their partnership arrangements. It was reported that respondents in state-owned enterprises were more likely to perceive direct partnership performance based on programme performance improvement, better service/product provisions, and more opportunities to expand their business interests. The private firms, on the other hand, were more likely to focus on better investment potential and more opportunities to expand their business interests. However, this study placed a special concern with the joint working relationships between the public and private sectors in the electric utility industries, therefore further empirical testing of the generalisability of the proposed model is important and necessary in developing a greater understanding of public-private partnerships.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.488216  DOI: Not available
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