Public-sector entrepreneurship
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Albert N. Link, Professor (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: We define public-sector entrepreneurship as having three distinct components: actions that are innovative, that transform a status quo social and economic environment, and that are characterized by uncertainty. While the literature on public-sector entrepreneurship dates to the mid-1960s, the scholarly foundations on which public-sector entrepreneurship is based date to the writings of Cantillon and Baudeau in the mid- and late-1700s and to Schumpeter in the late-1930s and early-1940s. After summarizing the academic and policy literatures on public-sector entrepreneurship, we illustrate the concept using examples of public-sector initiatives. We conclude the paper with an emphasis on the dynamic nature of public-sector entrepreneurship, and we offer insight into additional areas to which the concept applies as well as policy suggestions for incentivizing further public-sector entrepreneurial actions.
Public-sector entrepreneurship
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Created on 2/15/2022
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Additional Information
- Publication
- Oxford Review of Economic Policy, 2018, 34(4): 676-694
- Language: English
- Date: 2018
- Keywords
- entrepreneur, public sector, innovative, uncertainty