Public–Private Partnerships and Social Innovation in Belarus

Abstract

The purpose of the chapter is to provide insight into public–private partnership (PPP) specifics and the role of PPPs within the social innovation framework in the Republic of Belarus. It is necessary to justify the implementation of new approaches toward the development and evaluation of PPPs considering the importance of PPPs in developing economies.

Methods: A systematic approach to the observation, analysis and synthesis, comparisons, methods of investment analysis, statistical and economic techniques, and optimization methods. These methods allow to observe the most significant features of the PPPs which have been developed in the Republic of Belarus.

Approach: The theme of the research was carried out within the framework of the legislation “The priority areas of scientific research in 2016–2020” approved by the resolution No 190 of the Council of Ministers of the Republic of Belarus of 03.12.2015.

The study examines the trends on PPP development in the Republic of Belarus and determines the role of PPPs in social innovations. The analysis of the current state of PPPs has been carried out. A set of problems related to the introduction of specific PPP instruments has been identified in the chapter.

Findings: The scientific novelty and significance of the results lies in the methodological justification for the formation of an effective organizational and economic mechanism in order to implement PPPs in the Republic of Belarus. The essence and novelty of the proposal lies in the adjustment of financial instruments relevant to the evaluation of PPP proposals, which make it possible to provide the necessary information to be successful. The scientific novelty includes the reintroduction of social innovation factors as the important evaluation merit in the implementation process in order to increase PPP impact on the economy.

Citation

Karpitskaya, M. (2019), "Public–Private Partnerships and Social Innovation in Belarus", Sergi, B.S. (Ed.) Modeling Economic Growth in Contemporary Belarus (Entrepreneurship and Global Economic Growth), Emerald Publishing Limited, Leeds, pp. 193-204. https://doi.org/10.1108/978-1-83867-695-720191013