The utilisation of private sector governance paradigms for the development and implementation of innovations in the public sector

SMITH, M. A. and STARKEY, A. P. (2010). The utilisation of private sector governance paradigms for the development and implementation of innovations in the public sector. International Journal of Innovation Science, 2 (3), 103-111.

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Abstract

This paper considers key factors which have an impact on the development and implementation of innovations in the public sector and explores how beneficial elements of private sector governance can be utilised and incorporated into approaches to support innovation in the public sector. It discusses a number of concepts which could be important for innovation in the public sector; these include overt and covert innovation, primary and secondary innovation and organisational equilibrium. The relationship between risk and trust is considered and the importance of accountability is addressed. The utilisation of special purpose vehicles is discussed, highlighting how private sector governance can be utilised to support innovation in the public sector. The value of this approach is supported by an example which has been in operation for seven years; the special purpose vehicle operates using private sector governance but is essentially owned by a group of large public sector organisations.

Item Type:	Article
Research Institute, Centre or Group - Does NOT include content added after October 2018:	Centre for Health and Social Care Research
Identification Number:	https://doi.org/10.1260/1757-2223.2.3.103
Page Range:	103-111
Depositing User:	Ann Betterton
Date Deposited:	10 Mar 2011 15:56
Last Modified:	19 Mar 2021 00:45
URI:	https://shura.shu.ac.uk/id/eprint/3341

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