Public Sector Entrepreneurship is explained as the proclamation of innovative public policy initiatives that create better economic success by transforming a status-quo financial ecosystem into more beneficial to monetary units involved in creative activities in the face of uncertainty. Public-Private Partnership helps enhance the efficiency of infrastructure projects in the context of a long-term association between the private business and the public sector. These are long-term partnerships to deliver services and assets supporting community outcomes and public services. It identifies that both sides have certain benefits, and by permitting each to do what it dies the best, public infrastructure and services can be offered most effectively. It is dependent on the payment after delivery, risk allocations, whole-life costings, and competition to get the best value. Public-Private Partnership in the UAE and Brunei is used to describe a wide range of working arrangements from strategic, informal, and loose associations, to design, build, finance, and operate (DBFO) type service contracts and legal joint venture firms.
Case – Reference no. 822-0006-1
Authors: Muhammad Usman Tariq; Lukman Raimi
Published by: Abu Dhabi School of Management
Published in: 2022
Length: 15 pages
Topics: Public; Private; Models; Government; Partnership