Sustainable development, stakekolders’ partnership, state-owned assets in a system thinking model

Enhancing State-owned assets could be an excellent strategy for the policymakers to converge on the goals promoted by the 2030 Agenda. State-owned assets play a critical role in a nation's socioeconomic progress. To achieve sustainable development, governments must adopt a multifaceted approach. This involves optimizing asset management by reducing waste, improving efficiency, and enhancing accountability. Furthermore, investment in eco-friendly technologies and sustainable practices can reduce environmental impact. Leveraging state assets to foster economic growth, create employment opportunities, and address social needs aligns with sustainability principles, ultimately contributing to a more equitable and environmentally responsible future for current and future generations. This approach considers the interconnectedness of economic, social, and environmental factors, enabling holistic strategies that optimize resource allocation, promote innovation, and ensure long-term viability, thereby advancing both economic growth and environmental stewardship. The purpose of this study is to demonstrate (with a System Thinking Model) that the public policy maker (State, Region, Municipality, etc.-owned asset) can incentivize the local economy towards sustainable development (SDGs-Agenda 2030) using systemic managerial logic (System Thinking and System Dynamics). The model proposed systematically represents the virtuous circle created by the Valorisation policy of State-owned assets. It is based on the project of Valorisation of Frascati-owned assets, promoted by a Public-Public Partnership (Municipality of Frascati, University of Rome "Tor Vergata" - Master II Level-Reporting Innovation Sustainability- Maris, State Property Agency). This model proposes a simple and intuitive multidimensional tool for the policy maker (Government, Municipality, Region, etc.). The because highlights the virtuous circles which, based on the 5P-NSDSS, lead to the creation of local (National) sustainable development, co-operating towards the SDGs (Agenda 2030).