The Conditional Configuration Path for Private Enterprises Participating in PPP: A Fuzzy-Set Qualitative Comparative Analysis
Public–private partnership (PPP) projects have been widely applied in infrastructure construction. Leveraging private capital is the key to promoting the high-quality development of PPP projects. This study examines the combined effect of seven factors determining private enterprises that participat...
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| Format: | Article |
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MDPI AG
2022-04-01
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| Series: | Buildings |
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| Online Access: | https://www.mdpi.com/2075-5309/12/4/440 |
| _version_ | 1797436558589034496 |
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| author | Yanfang Sun Liyang Wang Tao Zhang |
| author_facet | Yanfang Sun Liyang Wang Tao Zhang |
| author_sort | Yanfang Sun |
| collection | DOAJ |
| description | Public–private partnership (PPP) projects have been widely applied in infrastructure construction. Leveraging private capital is the key to promoting the high-quality development of PPP projects. This study examines the combined effect of seven factors determining private enterprises that participate in PPP and collects materials from 102 PPP sewage treatment projects to examine the causal configuration path of private enterprises participating in PPP (PEP3P) from an overall perspective by using necessary condition analysis (NCA) and fuzzy-set qualitative comparative analysis (fsQCA). The findings support the fact that any single antecedent condition is not a necessary condition for PEP3P and is instead the combined effect of different factors that commonly form the diversified causal configuration paths of PEP3P. There is an obvious asymmetry between the configuration paths of the high participation and low participation of private enterprises. The enterprise technology level (ETL) and doing business (DB) are important internal driving forces and give external traction for PEP3P, while the enterprise credit level (ECL) and project investment scale (PIS) are important factors that restrict private enterprises from participating in PPP. This research fills a theoretical gap for PEP3P and can be applied to developing strategies for attracting private enterprises to participate in PPP. |
| first_indexed | 2024-03-09T11:04:22Z |
| format | Article |
| id | doaj.art-9cdbbbefea45455898841551bfcfd035 |
| institution | Directory Open Access Journal |
| issn | 2075-5309 |
| language | English |
| last_indexed | 2024-03-09T11:04:22Z |
| publishDate | 2022-04-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Buildings |
| spelling | doaj.art-9cdbbbefea45455898841551bfcfd0352023-12-01T01:02:16ZengMDPI AGBuildings2075-53092022-04-0112444010.3390/buildings12040440The Conditional Configuration Path for Private Enterprises Participating in PPP: A Fuzzy-Set Qualitative Comparative AnalysisYanfang Sun0Liyang Wang1Tao Zhang2School of Economics and Management, China University of Petroleum, Qingdao 266580, ChinaSchool of Economics and Management, China University of Petroleum, Qingdao 266580, ChinaSchool of Economics and Management, China University of Petroleum, Qingdao 266580, ChinaPublic–private partnership (PPP) projects have been widely applied in infrastructure construction. Leveraging private capital is the key to promoting the high-quality development of PPP projects. This study examines the combined effect of seven factors determining private enterprises that participate in PPP and collects materials from 102 PPP sewage treatment projects to examine the causal configuration path of private enterprises participating in PPP (PEP3P) from an overall perspective by using necessary condition analysis (NCA) and fuzzy-set qualitative comparative analysis (fsQCA). The findings support the fact that any single antecedent condition is not a necessary condition for PEP3P and is instead the combined effect of different factors that commonly form the diversified causal configuration paths of PEP3P. There is an obvious asymmetry between the configuration paths of the high participation and low participation of private enterprises. The enterprise technology level (ETL) and doing business (DB) are important internal driving forces and give external traction for PEP3P, while the enterprise credit level (ECL) and project investment scale (PIS) are important factors that restrict private enterprises from participating in PPP. This research fills a theoretical gap for PEP3P and can be applied to developing strategies for attracting private enterprises to participate in PPP.https://www.mdpi.com/2075-5309/12/4/440private enterprisespublic–private partnerships (PPP)configuration pathfuzzy-set qualitative comparative analysis (fsQCA) |
| spellingShingle | Yanfang Sun Liyang Wang Tao Zhang The Conditional Configuration Path for Private Enterprises Participating in PPP: A Fuzzy-Set Qualitative Comparative Analysis Buildings private enterprises public–private partnerships (PPP) configuration path fuzzy-set qualitative comparative analysis (fsQCA) |
| title | The Conditional Configuration Path for Private Enterprises Participating in PPP: A Fuzzy-Set Qualitative Comparative Analysis |
| title_full | The Conditional Configuration Path for Private Enterprises Participating in PPP: A Fuzzy-Set Qualitative Comparative Analysis |
| title_fullStr | The Conditional Configuration Path for Private Enterprises Participating in PPP: A Fuzzy-Set Qualitative Comparative Analysis |
| title_full_unstemmed | The Conditional Configuration Path for Private Enterprises Participating in PPP: A Fuzzy-Set Qualitative Comparative Analysis |
| title_short | The Conditional Configuration Path for Private Enterprises Participating in PPP: A Fuzzy-Set Qualitative Comparative Analysis |
| title_sort | conditional configuration path for private enterprises participating in ppp a fuzzy set qualitative comparative analysis |
| topic | private enterprises public–private partnerships (PPP) configuration path fuzzy-set qualitative comparative analysis (fsQCA) |
| url | https://www.mdpi.com/2075-5309/12/4/440 |
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