| 5, 2003 | From Private Finance Initiative to Public Private Partnership: The Financement of Trans-European Networks |
| autori |
Dario PEIRONE |
| The object of this research is finance and projects in changing markets: with the growing complexity of the markets, the analysis of projects needs a different approach. We consider the CoPS (Complex Products and Systems) model. CoPS are high-cost, engineering-and-software intensive capital goods and services, such as mobile telecommunications networks, air traffic control systems and high-speed trains. The aim of this paper is to provide, after a critical introduction to the CoPS literature, an original framework trying to understand the problems that can raise from complex projects and the possible applications to the Italian case. The paper is structured in three parts: in the first part it will be presented a general overview about the specific characteristics of CoPS, with a critical analysis about the contribution of this literature on the study of firms’ organisational capabilities; in the second part it will be examined the British system of financing complex public projects, with a special attention about the case of Railtrack, using the CoPS framework, namely the project management and the systems integration; finally, we will make some consideration about the Italian context, that will take to conclusion. |
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01/25/2004 19:26