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Digital meets Culture https://www.digitalmeetsculture.net/article/glossary/public-private-partnership-ppp-2/ Export date: Fri Aug 30 0:15:42 2024 / +0000 GMT |
Public-Private-Partnership (PPP)Refers to any partnership between private-sector and public-sector entities, in which the partners invest different resources and cooperate for achieving a common goal. In the European Member States, PPPs are encouraged as a means to offer improved public services, a way to generate capital in times of economic restriction, and in general for capitalising upon the resources and capabilities of the private sector for contributing to overall socio-economic development. Sources: European Commission (2003) Guidelines for successful Public-Private-Partnerships. Available at: http://ec.europa.eu/regional_policy/sources/docgener/guides/ppp_en.pdf |
