Advanced Search
MyIDEAS: Login to save this paper or follow this series

Toward a Theory of Public Entrepreneurship

Contents:

Author Info

  • Klein, Peter G.

    (University of Missouri)

  • Mahoney, Joseph T.

    (University of Illinois at Urbana-Champaign)

  • McGahan, Anita M.

    (University of Toronto)

  • Pitelis, Christos N.

    (University of Cambridge)

Abstract

This paper explores innovation, experimentation, and creativity in the public domain and in the public interest. Researchers in various disciplines have studied public entrepreneurship, but there is little research specifically on the nature, incentives and constraints of public entrepreneurship to innovate in the public interest. We begin by extending concepts of the entrepreneurial firm to include greater interactions in the public domain, and then turn to the role of entrepreneurial firms in fostering institutional change. This focus points toward opportunities for integrating transaction-costs, political and international business theories to achieve a more refined institutional theory of firm-government interactions that incorporates entrepreneurial agency as a principal mechanism for innovating in the fulfillment of public and private interests.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.business.illinois.edu/Working_Papers/papers/09-0106.pdf
Download Restriction: no

Bibliographic Info

Paper provided by University of Illinois at Urbana-Champaign, College of Business in its series Working Papers with number 09-0106.

as in new window
Length:
Date of creation: 2009
Date of revision:
Handle: RePEc:ecl:illbus:09-0106

Contact details of provider:
Web page: http://www.business.uiuc.edu/Working_Papers/Main.asp
More information through EDIRC

Related research

Keywords:

Other versions of this item:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Richard A. Posner, 1974. "Theories of Economic Regulation," Bell Journal of Economics, The RAND Corporation, The RAND Corporation, vol. 5(2), pages 335-358, Autumn.
  2. Casson, Mark, 2005. "Entrepreneurship and the theory of the firm," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 58(2), pages 327-348, October.
  3. Mahoney, Joseph & McGahan, Anita & Pitelis, Christos, 2009. "The Interdependence of Private and Public Interests," Papers, Economic and Social Research Institute (ESRI) DYNREG40, Economic and Social Research Institute (ESRI).
  4. Christos N. Pitelis & David J. Teece, 2010. "Cross-border market co-creation, dynamic capabilities and the entrepreneurial theory of the multinational enterprise," Industrial and Corporate Change, Oxford University Press, vol. 19(4), pages 1247-1270, August.
  5. Ostrom, Elinor, 2005. "Unlocking Public Entrepreneurship and Public Economies," Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) DP2005/01, World Institute for Development Economic Research (UNU-WIDER).
  6. Yasemin Y. Kor & Joseph T. Mahoney & Steven C. Michael, 2007. "Resources, Capabilities and Entrepreneurial Perceptions," Journal of Management Studies, Wiley Blackwell, Wiley Blackwell, vol. 44(7), pages 1187-1212, November.
  7. Nordhaus, William D, 1975. "The Political Business Cycle," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 42(2), pages 169-90, April.
  8. Claudine Kearney & Robert Hisrich & Frank Roche, 2007. "Facilitating Public Sector Corporate Entrepreneurship Process: A Conceptual Model," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., World Scientific Publishing Co. Pte. Ltd., vol. 15(03), pages 275-299.
  9. Levine, Michael E & Forrence, Jennifer L, 1990. "Regulatory Capture, Public Interest, and the Public Agenda: Toward a Synthesis," Journal of Law, Economics and Organization, Oxford University Press, Oxford University Press, vol. 6(0), pages 167-98.
  10. Michael Wohlgemuth, 2000. "Political entrepreneurship and bidding for political monopoly," Journal of Evolutionary Economics, Springer, Springer, vol. 10(3), pages 273-295.
  11. Abagail McWilliams, 2002. "Raising Rivals' Costs Through Political Strategy: An Extension of Resource-based Theory," Journal of Management Studies, Wiley Blackwell, Wiley Blackwell, vol. 39(5), pages 707-724, 07.
  12. Krueger, Anne O, 1974. "The Political Economy of the Rent-Seeking Society," American Economic Review, American Economic Association, American Economic Association, vol. 64(3), pages 291-303, June.
  13. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2005. "Privatizing Highways in the United States," Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile 209, Centro de Economía Aplicada, Universidad de Chile.
  14. John H Dunning & Christos N Pitelis, 2008. "Stephen Hymer's contribution to international business scholarship: an assessment and extension," Journal of International Business Studies, Palgrave Macmillan, vol. 39(1), pages 167-176, January.
  15. Otto C. Doering, 2007. "The Political Economy of Public Goods: Why Economists Should Care," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 89(5), pages 1125-1133.
  16. W.R. Mack & Deanna Green & Arnold Vedlitz, 2008. "Innovation and Implementation in the Public Sector: An Examination of Public Entrepreneurship," Review of Policy Research, Policy Studies Organization, vol. 25(3), pages 233-252, 05.
  17. Mair, Johanna & Martí, Ignasi, 2006. "Social entrepreneurship research: A source of explanation, prediction, and delight," Journal of World Business, Elsevier, Elsevier, vol. 41(1), pages 36-44, February.
  18. Abagail McWilliams & Donald S. Siegel & Patrick M. Wright, 2006. "Corporate Social Responsibility: Strategic Implications," Journal of Management Studies, Wiley Blackwell, Wiley Blackwell, vol. 43(1), pages 1-18, 01.
  19. Keim, Gerald D. & Hillman, Amy J., 2008. "Political environments and business strategy: Implications for managers," Business Horizons, Elsevier, Elsevier, vol. 51(1), pages 47-53.
  20. Ravi Ramamurti, 2004. "Developing countries and MNEs: extending and enriching the research agenda," Journal of International Business Studies, Palgrave Macmillan, vol. 35(4), pages 277-283, July.
  21. Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
  22. Ian Jones & Michael Pollitt & David Bek, 2006. "Multinationals in their communities: A social capital approach to corporate citizenship projects," ESRC Centre for Business Research - Working Papers, ESRC Centre for Business Research wp337, ESRC Centre for Business Research.
  23. Douglass C. North, 2005. "Introduction to Understanding the Process of Economic Change
    [Understanding the Process of Economic Change]
    ," Introductory Chapters, Princeton University Press.
  24. Dew, Nicholas & Read, Stuart & Sarasvathy, Saras D. & Wiltbank, Robert, 2009. "Effectual versus predictive logics in entrepreneurial decision-making: Differences between experts and novices," Journal of Business Venturing, Elsevier, vol. 24(4), pages 287-309, July.
  25. Markus K. Brunnermeier, 2009. "Deciphering the Liquidity and Credit Crunch 2007-2008," Journal of Economic Perspectives, American Economic Association, vol. 23(1), pages 77-100, Winter.
  26. Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March.
  27. Zoltan Acs & David Audretsch, 1990. "Innovation and Small Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011131, December.
  28. Kornai, Janos, 1986. "The Soft Budget Constraint," Kyklos, Wiley Blackwell, Wiley Blackwell, vol. 39(1), pages 3-30.
  29. Baumol, William J, 1990. "Entrepreneurship: Productive, Unproductive, and Destructive," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 98(5), pages 893-921, October.
  30. Martimort, David & Pouyet, Jerome, 2008. "To build or not to build: Normative and positive theories of public-private partnerships," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 26(2), pages 393-411, March.
  31. Witold J. Henisz & Bennet A. Zelner, 2004. "Explicating political hazards and safeguards: a transaction cost politics approach," Industrial and Corporate Change, Oxford University Press, vol. 13(6), pages 901-915, December.
  32. Mueller,Dennis C., 2003. "Public Choice III," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521894753.
  33. Richard N. Langlois, 2007. "The Entrepreneurial Theory of the Firm and the Theory of the Entrepreneurial Firm," Journal of Management Studies, Wiley Blackwell, Wiley Blackwell, vol. 44(7), pages 1107-1124, November.
  34. Coase, Ronald, 1998. "The New Institutional Economics," American Economic Review, American Economic Association, American Economic Association, vol. 88(2), pages 72-74, May.
  35. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "This Time Is Different: Eight Centuries of Financial Folly," Economics Books, Princeton University Press, Princeton University Press, edition 1, volume 1, number 8973.
  36. Shapiro, Helen & Taylor, Lance, 1990. "The state and industrial strategy," World Development, Elsevier, Elsevier, vol. 18(6), pages 861-878, June.
  37. Jean-Michel Glachant & Stéphane Saussier, 2006. "Introduction," Review of Industrial Organization, Springer, Springer, vol. 29(1), pages 1-2, September.
  38. Schnellenbach, Jan, 2007. "Public entrepreneurship and the economics of reform," Journal of Institutional Economics, Cambridge University Press, Cambridge University Press, vol. 3(02), pages 183-202, August.
  39. Jeffry M. Netter & William L. Megginson, 2001. "From State to Market: A Survey of Empirical Studies on Privatization," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 321-389, June.
  40. Dani Rodrik, 1996. "Understanding Economic Policy Reform," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 9-41, March.
  41. Holcombe, Randall G, 2002. " Political Entrepreneurship and the Democratic Allocation of Economic Resources," The Review of Austrian Economics, Springer, Springer, vol. 15(2-3), pages 143-59, June.
  42. Stephan Kuhnert, 2001. "An Evolutionary Theory of Collective Action: Schumpeterian Entrepreneurship for the Common Good," Constitutional Political Economy, Springer, Springer, vol. 12(1), pages 13-29, March.
  43. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 65, pages 135.
  44. Salop, Steven C & Scheffman, David T, 1983. "Raising Rivals' Costs," American Economic Review, American Economic Association, American Economic Association, vol. 73(2), pages 267-71, May.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ecl:illbus:09-0106. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.