ABSTRACT
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|33 pages
Muddling through value creation in evolving society
part II|78 pages
Mixing value forms in the context of hybridity
chapter 4|22 pages
Nested hybridity and value definition in public higher education
part III|51 pages
Compromises on value creation in hybrid settings
chapter 7|22 pages
Multiplicity of values in measuring performance of hybrids
part IV|53 pages
Creating value through legitimisation
chapter 10|16 pages
Value that matters
part V|18 pages
Value creation and beyond