Does experience exert impact on a public-private partnership performance? The case of Poland

Researchers traditionally assume that learning is a product of experience. In general, it means that learning can only take place through the attempt to solve a problem and therefore only takes place during activity. On the ground of organizational theory, it has two implications. First, we can agre...

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Bibliographic Details
Published inEquilibrium (Toruń ) Vol. 13; no. 3; pp. 509 - 522
Main Author Węgrzyn, Joanna
Format Journal Article
LanguageEnglish
Published Torun Institute of Economic Research 01.09.2018
Instytut Badań Gospodarczych
Nicolaus Copernicus University Press
Subjects
Economic policy
Economy
Evaluation research
Experiential learning
Impact analysis
investment decisions
Organizational learning
Present Times (2010 - today)
Public private partnerships
public-private partnership (PPP)
Research methodology
Strategic management
Survival analysis
Transformation Period (1990 - 2010)
Poland
survival analysis
investment decisions
publicprivate partnership (PPP)
organizational learning
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Summary:Researchers traditionally assume that learning is a product of experience. In general, it means that learning can only take place through the attempt to solve a problem and therefore only takes place during activity. On the ground of organizational theory, it has two implications. First, we can agree that repeated activity requires less effort. Second, we can argue that firms undertake activities, with which they have been the most successful in the past and that they expect to be the most successful in the future. Purpose of the article: The aim of the research is twofold. Firstly, this article aims to investigate if we can identify a relationship between the experience in PPP projects and the performance of initiatives of this kind. Secondly, the article aims to provide an interpretation of the relationship between experience and PPP performance. Methods: This research investigates factors influencing the survival of PPP projects in Poland over the period 2009–2015. Cox proportional hazard model is utilized to distinguish between PPPs that succeeded to the operation phase and those that were canceled on the procurement stage. Findings Value added: The research confirms the existence of a positive relationship between experience in PPP and the outcome of a PPP development.
ISSN:1689-765X
2353-3293
DOI:10.24136/eq.2018.025