Strategic public/private partnerships

For governments, public-private partnerships (PPPs) in science, technology and innovation can help make research and innovation policy more responsive to the changing nature of innovation and to social and global challenges. For business, partnering with public research can help solve problems, develop new markets or generate value through co-operation and co-production. Traditionally used for physical infrastructure, PPPs are increasingly popular in R&ampD and innovation policy because they are better adapted to some innovation goals or challenges than policy instruments such as subsidies or tax credits.