The Game Approach to Utilising the Public–Private Partnership Mechanism for Sustainable Development

Abstract

Purpose

To discover the key elements of the use of the mechanism of public–private partnership for sustainable development, which are studied using the game approach.

Design/Methodology/Approach

Employed methods were as follows: trends method, regression analysis method, and game situation analysis method.

Findings

We discovered the key elements of the use of the mechanism of public–private partnership for sustainable development and determined the trends of the dependence of the sustainable development level on the mechanism of a public–private partnership at the level of countries that are leaders in this form of interaction (Denmark, Netherlands, Singapore, China, Switzerland and Finland). We reveal a positive dependence of the influence with China in 2017–2018 and with Finland in 2020–2021. The characteristics and strategies of implementing public–private partnerships are determined, and the spheres of influence of this form of interaction within the indicator of sustainable development are distinguished. We evaluate the perspectives of sustainable development under the influence of the public–private partnership mechanism. Based on the analysis results, it has been revealed that achievement of direct relation between the improved indicator of implementing the public–private partnership mechanisms and sustainable development could be realised within the orientation towards the effective strategic management of the interaction.

Originality/Value

The scientific novelty of this research consists in the development of the theoretical and practical specifics of the use of the public–private partnership mechanism for sustainable development which determined using the game approach.

Citation

Kitsai, J.A., Miroshnichenko, N.V., Morozova, I.A. and Leybert, T.B. (2023), "The Game Approach to Utilising the Public–Private Partnership Mechanism for Sustainable Development", Popkova, E.G. (Ed.) Game Strategies for Business Integration in the Digital Economy (Advances in Business Marketing and Purchasing, Vol. 27), Emerald Publishing Limited, Leeds, pp. 91-100. https://doi.org/10.1108/S1069-096420230000027010