Public-private Partnerships and the Specifics of their Implementation in Vocational Education

Increasing complexity of socioeconomic processes, especially influenced by global financial crisis, calls for appropriately complex mechanisms of their regulation. This fact gives birth to a demand in development of partnership between governmental agencies and private business. Authors have determined that global experience of public-private partnerships is highly-demanded in Russian labor market, characterized by lack of trained personnel. Resource capabilities of Russian public institutions of professional educations are not sufficient to meet challenges they face and business ought to be attracted through public-private partnership. In order to increase efficiency of these projects, business aims also need to be taken into account.