ABSTRACT
Shared bicycle schemes are a typical and representative example of hybrid governance’s efforts to create public value. Shared bicycle enterprises are also important parts of multi-agent hybrid governance in China. This paper explores the model of public value creation implemented by China’s hybrid governance through the analysis of the shared bicycle scheme as a case study. The large number of shared bicycles creates public value by reducing search costs and improving the rate of utilisation. However, the scheme has also yielded some negative effects, including random parking, transportation accidents, unsafety of users’ funds and environmental pollution. This article analyses the attempts of governments, enterprises and non-government organisations (NGOs) to recoup the public value losses caused by shared bicycle schemes. Finally, the paper summarises the problems encountered by governments, enterprises, NGOs and citizens with respect to shared bicycle governance and offers potential policy-based solutions to the production, parking, recycling and supervision of shared bicycles with the aim of establishing a hybrid governance structure.
