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Public-Private Collaboration and Creating Shared Value in Finnish healthcare sector

Filintseva, Zhanna (2019)

 
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Filintseva, Zhanna
2019
All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.
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https://urn.fi/URN:NBN:fi:amk-2019121025651
Tiivistelmä
The latest global financial crisis in 2007 acted as a catalyst for reconceiving capitalism and introducing new trends. Customers started to demand trust, sustainable development and a responsible attitude to social issues. In 2011 Michael Porter and Mark Kramer formulated the concept of Creating Shared Value (CSV) and introduced three ways of CSV to guide businesses towards gaining a competitive advantage. At the same time, the phenomenon of Public-Private Collaboration (PPC) was perceived as an important tool to unite private and public parties with the aim to achieve one shared objective.
The purpose of the study was to determine how CSV can be achieved through PPC in the context of the Finnish healthcare sector. The regional government health and social services reform (SOTE) was taken as an illustrative case of CSV via PPC. The goal was to deliver structured knowledge to both private and public bodies in order to reduce the risks and uncertainties of entering similar projects while eliminating the barriers between sectors.
The study followed a qualitative approach, had an exploratory purpose and utilized an inductive logic. It means that the research was based on non-quantitative data and focused on the understanding of already existent phenomena from a new perspective. The primary data was collected via three semi-structured in-depth interviews with experts from the field. Each respondent represented either the private or public sector which offered diverse insights. The secondary data was taken from reliable online sources. The spiral model introduced by Creswell in 2007 was used for processing the data.
The results demonstrated that SOTE’s propositions fully complied with the first way of CSV. Due to strategical weaknesses, the second and third ways of CSV were only partially followed. The findings disclosed that SOTE had a strong theoretical foundation and was concentrated on only one way of CSV which is reasonable for the real-life case. In March 2019 the preparations for SOTE were discontinued because of disagreements in the Finnish Parliament. Thus, the implementation processes should be examined in further studies, while the successful strategical aspects can be adapted and applied in other cases.
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