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Empirical comparison of critical success factors for public-private partnerships in developing and developed countries: A case of Ghana and Hong Kong



Abstract
Purpose
The purpose of this paper is to investigate the similarities and differences of critical success factors (CSFs) for public-private partnership (PPP) projects in developing and developed countries, using Ghana and Hong Kong as examples.

Design/methodology/approach
An empirical questionnaire survey was conducted with experienced PPP practitioners in Ghana and Hong Kong. Survey responses were analysed using Kendall’s concordance analysis, mean score ranking, quartile groupings analysis and Mann-Whitney U test.

Findings
The results indicate that a favourable legal and regulatory framework is very critical in both jurisdictions. Further, technology transfer, technological innovation, public/community participation and coordination and government providing financial support are of low importance in both jurisdictions. The non-parametric test shows that 16 CSFs are of different importance in Ghana and Hong Kong. Specifically, CSFs related to the socio-political and economic conditions of PPP projects are very critical in Ghana, whereas CSFs directly related to the organisation and relationship of PPP projects are very critical in Hong Kong.

Originality/value
The outputs of this study add to the international best practice framework for successful PPP implementation. Further, international private investors and governments who are yet to adopt the PPP concept would be considerably informed of the investment strategies to employ when engaging in PPP arrangements.


Ketersediaan

JTS.EMER.2017.019My LibraryTersedia

Informasi Detil

Judul Seri
-
No. Panggil
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Penerbit Emerald Group Publishing Limited : .,
Deskripsi Fisik
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Bahasa
English
ISBN/ISSN
0969-9988
Klasifikasi
NONE
Tipe Isi
-
Tipe Media
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Tipe Pembawa
-
Edisi
vol. 24 no. 6
Subyek
Info Detil Spesifik
Engineering, Construction and Architectural Management, vol. 24 no. 6
Pernyataan Tanggungjawab

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