Business, Management and Accounting
8 years ago

Private sector revolutionizing transportation with Intelligent Transport Systems partnerships.

THE PRIVATE SECTOR ROLE IN ITS
J C Miles

Paper Summary

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The private sector plays a crucial role in developing Intelligent Transport Systems (ITS). Public-private partnerships are becoming more common worldwide. The private sector is involved in research, commercial operation of ITS services, and running public services. Different organizational arrangements have been tried, and regulatory and contractual issues are important. Exclusivity affects commercial risk. Good practices for partnerships have been identified.