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Network market orientation as a relational governance mechanism to public-private partnerships

机译:网络市场导向作为公私合作伙伴关系的关系管治理机制

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Despite the increasing relevance at the professional level and although the complexity of its configuration and implementation keeps growing, the existing research about public-private partnerships (PPP) remains embryonic. This paper focuses on three complementary fields of study for its understanding: risk management, governance management and private participants' behaviour. A causal model is proposed, in which network market orientation acts as a previous relational governance mechanism enabling, as a result, a better perception of risk by the private agents involved. The model was tested using structural equation modelling on a sample of 180 agents involved in PPP projects in China. Results confirm this assumption: by placing inter-organisational trust as a central variable, the effect had by network market orientation upon companies' perceived risk occurs through the reinforcement of their particular entrepreneurial orientation. Findings provide researchers and managers with practical insights into the development of PPP projects from a relational perspective.
机译:尽管在专业水平上具有越来越高的相关性,但尽管其配置和实施的复杂性不断增长,但现有的公私合作伙伴关系(PPP)的研究仍然是胚胎。本文重点介绍其理解的三个互补领域:风险管理,治理管理和私人参与者的行为。提出了一种因果模式,其中网络市场定位作为先前的关系治理机制,因此,私人代理商更好地对风险感知。使用结构方程模型测试了涉及中国PPP项目的180代理样本的结构方程模型。结果证实了这一假设:通过将组织间信任作为中央变量,通过加强其特定的创业定位,通过网络市场定位对公司感知风险的影响。调查结果为研究人员和管理人员提供了实际洞察,从关系角度来看PPP项目的发展。

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