The era of hybrid governance is here. More and more organizations occupy a position between public and private ownership. And value is created not through business or public interests alone, but through distinct forms of hybrid governance. National governments are looking to transform their administrative systems to become more business driven. Likewise, private enterprises are seeing value gains in promoting public interest in their corporate social responsibility programs.
But how can we conceptualize, evaluate and measure the value and performance of hybrid governance and organizations? This book offers a comprehensive overview of how hybrids produce value. It explores the drivers, obstacles and complications for value creation in different hybrid contexts: state-owned enterprises, urban policy-making, universities and non-profits from around the world. The authors address several types of value contents, for instance financial, social and public value. Furthermore, the book provides a novel way of understanding multiple forms of doing value in hybrid settings. The book explains mixing, compromising and legitimising as important mechanisms of value creation.
Aimed at researchers and students of public management, public administration, business management, corporate social responsibility and governance, this book provides a theoretical, conceptual and empirical understanding of value creation in hybrid organizations. It is also an invaluable overview of performance evaluation and measurement systems and practices in hybrid organizations and governance.
Table of Contents
Part I Muddling through value creation in evolving society
Jarmo Vakkuri and Jan-Erik Johanson:
Jarmo Vakkuri and Jan-Erik Johanson
Part II Mixing value forms in the context of hybridity
Joaquim Rubens Fontes-Filho and Márcia Cristina Carris de Almeida
Elias Pekkola, Rómulo Miguel Pinheiro, Lars Geschwind, Taru Siekkinen, Teresa Carvalho and Kirsi Pulkkinen
Guangjian Xu and Qianqian Lu
Sebastian Godenhjelm and Stefan Sjöblom
Part III Compromises on value creation in hybrid settings
Cristina Campanale, Lino Cinquini and Giuseppe Grossi
Part IV Creating value through legitimisation
Michael Habersam, Martin Piber and Matti Skoog
Philip Marcel Karré
Part V Value creation and beyond
Jan-Erik Johanson and Jarmo Vakkuri
Jarmo Vakkuri is a Professor of Local Public Economics at the Faculty of Management and Business, Tampere University, Finland, and the Director of the research group on Public Financial Management.
Jan-Erik Johanson is a Professor of Administrative Science at the Faculty of Management and Business, Tampere University, Finland, and the Director of the research group on Administrative Science.