Public-Private Partnership Model in School Education
Keywords:
Public-Private Partnership ModelAbstract
A public-private partnership (PPP, P3, or 3P) is a government service or private business initiative that is sponsored and run by a partnership between the government and one or more private sector enterprises. A public-private partnership (PPP) is an agreement wherein a private entity undertakes considerable financial, technical, and operational risk in exchange for providing a public service or project to a public sector body. The paper will explore the meaning, definitions, and characteristics of the P3 Model, the PPP model in school education, and the benefits of the P3 Model.
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References
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