A challenge for PPP (Public Private Partnership) concept modeling by the IST (Innovation Support Technology)

The IST (Innovation Support Technology) has been developed by a group of researchers from JATES (Japan Techno-Economics Society) since 2002 and reported several times at PICMET Conferences. Toyo University established the PPP Graduate School (Toyo PPP) in the spring of 2006 to study and educate the students (Working Professionals) , who can understand the issues of PPP and attempt to improve the worsening conditions of finance and public facility redevelopment at the local government level. The issues on regional economic development and PPP innovations should be focused in the future. Peoples involved in PPP Projects are required to communicate and understand each other from quite different backgrounds. In this paper we briefly review the PPP recent movements. We propose the IST as a concept modeling tool and a communication tool for PPP projects.