Trends in Public Private Partnerships

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Author(s): Erinn N. Harris (Baltimore City Fire Department, USA)
Copyright: 2015
Pages: 16
Source title: Emergency Management and Disaster Response Utilizing Public-Private Partnerships
Source Author(s)/Editor(s): Marvine Paula Hamner (LeaTech, LLC, USA), S. Shane Stovall (True North Emergency Management, USA), Doaa M. Taha (GMI, Ltd, USA)and Salah C. Brahimi (GMI, Ltd, USA)
DOI: 10.4018/978-1-4666-8159-0.ch002

Keywords: Business Science Reference / Crisis Response and Management / Emergency & Disaster Management / Government & Law

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Abstract

The formation of Public Private Partnerships (PPPs) in the United States has had many cycles and revisions in the past 60 years. The middle of the first decade of the 21st century experienced huge changes in how we see public private partnerships. At the end of this first decade, two pools of thought were created differing on the true value of these partnerships. Today, public private partnerships are in many facets of public and private industry. Experts have studied what has gone right and what has failed in PPPs in terms of growth and the response to disasters within our country. From this, old ways of doing business have been discontinued and lessons learned the hard way have been used to ensure mistakes made once are not repeated. This chapter presents a review of the literature about PPPs, exploring their many facets, their strengths, and challenges.

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