Roles of NGOs In Public-Private Partnerships

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Roles of NGOs In Public-Private Partnerships

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Public-Private Partnerships (PPPs) are government services or private business ventures that are sponsored and run through a partnership between the government and one or more private sector enterprises. PPPs entail an agreement between a government sector entity and a private entity in which the private entity offers a public service or development while bearing significant financial, technical, and operational danger. Understandably, public and private entities strive to form alliances that will assist them to accomplish their organizational objectives. For a private institution, this usually means profit; for a public institution, it may entail an increase in the general well-being of its people.

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