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Toward a Theory of Public EntrepreneurshipPeter G. KleinUniversity of Missouri, Division of Applied Social Sciences; Norwegian School of Economics and Business Administration; Ludwig von Mises Institute Anita McGahanUniversity of Toronto - Rotman School of Management Christos N. PitelisUniversity of Cambridge - Centre for International Business and Management Joseph T. MahoneyUniversity of Illinois December 14, 2009 European Management Review, Forthcoming. Abstract: This paper explores how management theories can be extended and applied to innovation, experimentation, and creativity in the public domain. Researchers in various disciplines have studied public entrepreneurship, but there is little research specifically on the management of organizations to innovate in the public interest. We begin by extending concepts of the entrepreneur to the public domain, and then turn to the role of the entrepreneur in fostering institutional change. The conclusion refines the institutional theory of the state to incorporate the role of entrepreneurs in organizing public and private institutions.
Number of Pages in PDF File: 41 Keywords: Entrepreneurship, Public interests, Institutions, Transaction costs JEL Classification: M13 working papers seriesDate posted: March 3, 2009 ; Last revised: February 23, 2010Suggested CitationContact Information
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