Title: Implementation of the entrepreneurial mentality to heritage revitalisation as a key enabler for public-private partnerships

Authors: Boštjan Ferk; Petra Ferk

Addresses: Institute for Public Private Partnership, Ukmarjeva 2, 1000 Ljubljana, Slovenia ' Institute for Public Private Partnership, Ukmarjeva 2, 1000 Ljubljana, Slovenia

Abstract: The importance of the implementation of the entrepreneurial mentality to heritage conservation projects is relatively understudied compared to the need of the 'third sector' participation in those projects. This paper aims to assess the significance of an entrepreneurial mentality in preparatory heritage conservation activities related to the need for the adjustment of the 'participatory approach' as used and promoted by the heritage conservation doctrine. Although in the paper, we focus on the heritage conservation public-private partnership (PPP) projects, we also argue that the implementation of the entrepreneurial mentality in preparatory heritage conservation and revitalisation activities is of the same importance also if the project is eventually not procured under the PPP model, but within a traditional procurement procedure, paid only from the public budget(s). Primary research methods are literature review and case study presentations in combination with participant observation.

Keywords: public-private partnership; PPP; heritage; cultural heritage; cultural revitalisation; heritage management; innovative approaches; participatory approach; PPP models; entrepreneurial mentality; third sector; multipartite partnerships; Dutch Diamond approach; financial sustainability; bankability.

DOI: 10.1504/IJPSPM.2022.123708

International Journal of Public Sector Performance Management, 2022 Vol.9 No.4, pp.411 - 431

Received: 04 Jun 2020
Accepted: 11 Oct 2020
Published online: 01 Jul 2022 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article