Description
Title: Creating Public-Private Partnership Projects to Strengthen the Defense Industry’s Capability for Innovation
Abstract: The need to identify the crucial steps for a more successful implementation of the public-private partnerships (PPP) mechanism in the implementation of large-scale infrastructure projects, with a goal of developing the innovation potential of the Russian defense-industrial complex, makes this study relevant (DIC). The authors have identified the most prevalent and important issues that are barriers to the effective and sustainable development of PPP mechanisms, and their application in the defense industry. These issues are represented in a large body of scientific and popular literature on the development of the defense industry in the United States and the countries of Europe and Asia. The authors have also reviewed the domestic regulatory framework. The requirements placed on public and private partners during the implementation of PPP projects in the context of SDO performance, as well as the risks inevitably connected to each party’s activities, are given particular attention in this work. The authors then reveal the system of interaction between the various components of the given algorithm, present a graphical interpretation of the algorithm for funding the state defense order (SDO), and formulate a crucial recommendation for the advancement of PPP in Russia.
Keywords: public–private partnership; defence industry; state defence order; concession agreement
Paper Quality: SCOPUS / Web of Science Level Research Paper
Subject: Economics
Writer Experience: 20+ Years
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