The term partnership is popping up all over, especially in instances where there is a sensed need to address a public problem.
Most partnerships tend to form between public entities.
Observations indicate that the partners come together to produce a joint product, and each contributes resources. The degree to which power is shared indicates to what extent each partner has a voice in establishing the agenda for the overall effort. For a partnership to function effectively, the conditions for each entity differs. The private partner needs to have an assurance that there is an opportunity for making profit. The public entity is responsible for looking out for the common good.