Value creation thourgh public and private partenrship

Abstract

This article aims to reveal the essential benefits that creates a public-private partnership (further - PPP), making an added value for both public and private sector participants in Central & Eastern Europe (further - CEE). Experiencing financial markets crises mainly all countries in CEE region have a strong demand for a new, modern, and efficient public interest in the public infrastructure. On the other hand, states, in order to meet the mentioned demand, are being limited by the budget and human resources of the public sector. After the analysis of academic literature, regarding different public -private partnership concepts, exploring its development, level and benefits, also analyzing the phenomenon of making particular added value for public service users and private enterprises, the conceptual model was designed. This model explains how the PPPs can make an impact for improvement of the efficiency in public sector. This analysis is one the core parts of further academic research developments.