Key Aspects

Public Funding Source

Private Funding Source

Motivation to Funding

Public Goods and Service

Business Opportunity

Ownership

Government/General Public

Shareholders

Source of Funds

Limited

Extensive

Financial Leverage Potential

Low

High

Profit from Investment

Little Concern

Most important

Regulation on Funding Sources and Structures

Very Strict

Less Strict

Cost of Financing

Lower

(If the Fund Is Public Tax Based)

Higher

Range of Life Cycle

Not Defined

Defined

New Technology Adoption

Conservative

Adoptable

Project Delivery Method

Traditional

Flexible

Adoption of New Management System and Technique (Efficiency)

Traditional

Adoptable

Human Resource Management

Traditional

Flexible