Public-private joint ventures: internalizing governance through the consequences of interdependence

Key Points

• Governance dynamics improve through interdependence in joint ventures, enhancing accountability and transparency.
• Key evidence shows that improved governance outcomes are linked to the effectiveness of resource sharing between partners.
• Analysis of public-private partnerships demonstrates the critical role of governance in navigating interdependent relationships.
• This research highlights the potential for more efficient public service delivery through effective governance frameworks.