“…In particular, effectively managing coopetitive tensions requires seeking balance between cooperation and competition among project members (Gast et al, 2019; Le Roy & Fernandez, 2015); in contrast, taking actions that increase or decrease either dimension may result in an imbalance between cooperation and competition, leading to the mismanagement of coopetitive tensions (Gnyawali & Ryan Charleton, 2018). If mismanaged, coopetitive tensions may disrupt the project (e.g., Fernandez et al, 2018; Kylänen & Rusko, 2011), for instance, by prompting knowledge guarding rather than sharing and opportunism rather than mutual assistance (e.g., Le Roy et al, 2021; Luo, 2004). Therefore, PP projects require governance mechanisms that help manage coopetition by balancing cooperation and competition in all fronts—that is, public‐private and industrial coopetition.…”