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Public-Private Partnership – Innovative Approach Favoring Innovations – Vassileva, A., Collection Entitled Bulgaria’s Integration in the European Innovation and Education Practices, Dimant, Burgas, 2009

(Article, Collection Entitled Bulgaria’s Integration in the European Innovation and Education Practices, Dimant, Burgas, 2009)

 

The article presents public-private partnership in a new light – as a priority of economic development and a hub of EU competitive initiatives. The various models of cooperation between the state and the private sector favor innovations in projects on the construction of transport infrastructure, industrial zones, hi-tech centers, photovoltaic systems etc.

 

The example of good practice – the model of public-private partnership (PPP) in the town of Gussing, Austria – evidences how the joint efforts of the municipality, businesses, and science can lead to success in providing power generated by renewable energy sources, while achieving a number of direct and indirect benefits – high economic efficiency, sustainable development, and revival in all related sectors.