Perspective—The Interdependence of Private and Public Interests
Published Online:25 Sep 2009https://doi.org/10.1287/orsc.1090.0472
References
- Academy of Management Journal (2005) 48(6). [Special topic forum on public policy]Google Scholar
- Endogenous Growth Theory (1998) (MIT Press, Cambridge, MA) Google Scholar
- An organizational approach to comparative corporate governance: Costs, contingencies, and complementarities. Organ. Sci. (2008) 19(3):475–492Link, Google Scholar
- Revisiting an evasive concept: Introduction to the special issue on competitiveness. J. Indust., Competition Trade (2006) 6(2):63–66Crossref, Google Scholar
- Monetary policy and the distribution of income: Evidence for the United States and the United Kingdom. J. Post-Keynesian Econom. (2001) 23(4):617–638Crossref, Google Scholar
- Global finance and systemic instability. Contributions to Political Econom (2008) 27(1):1–11[Special issue on global finance]Crossref, Google Scholar
- Organizational Learning: Creating, Retaining, and Transferring Knowledge (1999) (Kluwer Academic Publishers, Norwell, MA) Google Scholar
- Privatizing the intellectual commons: Universities and the commercialization of biotechnology. J. Econom. Behav. Organ. (1998) 35(4):427–454Crossref, Google Scholar
- Social Choice and Individual Values (1951) (John Wiley & Sons, New York) Google Scholar
- , Pratt J. W., Zeckhauser R. J. The economics of agency. Principals and Agents: The Structure of Business (1985) (Harvard Business School Press, Boston) 37–51Google Scholar
- The Market for Force: The Consequences of Privatizing Security (2005) (Cambridge University Press, Cambridge, UK) Crossref, Google Scholar
- Firm resources and sustained competitive advantage. J. Management (1991) 17(1):99–120Crossref, Google Scholar
- Should strategic management research engage public policy issues? Acad. Management J. (2005) 48(6):945–948Crossref, Google Scholar
- An Economic Analysis of Property Rights (1989) (Cambridge University Press, Cambridge, UK) Google Scholar
- Outsourcing war: The rise of private military companies after the Cold War. (2009) . Working paper, University of Toronto, TorontoGoogle Scholar
- Perfect Markets and Easy Virtue (1991) (Blackwell, Oxford, UK) Google Scholar
- Geography, networks and knowledge flow. Organ. Sci. (2007) 18(6):955–972Link, Google Scholar
- Reshaping the WTO. Far Eastern Econom. Rev. (2005) 168(2):25–30Google Scholar
- A Cause for our Times: Oxfam and the First 50 Years (1992) (Oxfam Publishing, Oxford, UK) Crossref, Google Scholar
- The attractiveness of political markets: Implications for firm strategy. Acad. Management Rev. (2005) 30(2):397–413Crossref, Google Scholar
- Value-based business strategy. J. Econom. Management Strategy (1996) 5(1):5–24Crossref, Google Scholar
- Liberty, Market and the State: Political Economy in the 1980s (1986) (New York University Press, New York) Google Scholar
- The Calculus of Consent (1962) (University of Michigan Press, Ann Arbor) Crossref, Google Scholar
- Hidden Markets: The New Education Privatization (2009) (Routledge, New York) Crossref, Google Scholar
- Competitors' resource-oriented strategies: Acting on competitors' resources through interventions in factor markets and political markets. Acad. Management Rev. (2008) 33(1):97–121Crossref, Google Scholar
- Entrepreneurship and innovation—Organizations, institutions, systems and regions. (2008) Paper presented at the 25th Druid Celebration ConferenceJune 17–20Copenhagen, DenmarkGoogle Scholar
- The nature of the firm. Economica (1937) 4(16):386–405Crossref, Google Scholar
- The problem of social cost. J. Law Econom. (1960) 3(October):1–44Crossref, Google Scholar
- The Firm, the Market and the Law (1988) (University of Chicago Press, Chicago) Google Scholar
- Sub-prime lending and the housing bubble. J. Housing Econom. (2008) 17(4):272–290Crossref, Google Scholar
- The European carbon market in action: Lessons from the first trading period. (2008) . Working Paper 0802, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research, CambridgeGoogle Scholar
- Default correlation: An empirical investigation of a sub-prime lender. J. Banking Finance (2004) 28(4):753–771Crossref, Google Scholar
- A Behavioral Theory of the Firm (1963) (Prentice Hall, Englewood Cliffs, NJ) Google Scholar
- The problem of externality. J. Law Econom. (1979) 22(1):141–162Crossref, Google Scholar
- Evolutionary Economics and the New International Political Economy (1996) (Pinter, London) Google Scholar
- Understanding the subprime mortgage crisis. (2008) (Federal Reserve Bank of St. Louis, St. Louis, MO) 1–39Google Scholar
- Institutional ownership and monitoring effectiveness: It's not just how much but what else you own. Organ. Sci. (2008) 19(3):419–440Link, Google Scholar
- The political economy of public goods: Why economists should care. Amer. J. Agricultural Econom. (2007) 89(5):1125–1133Crossref, Google Scholar
- The stakeholder theory of the corporation: Concepts, evidence and implications. Acad. Management Rev. (1995) 20(1):85–91Crossref, Google Scholar
- Learning to design organizations and learning from designing them. Organ. Sci. (2006) 17(2):171–178Link, Google Scholar
- Multinational Enterprise and the Global Economy (1993) (Addison-Wesley, Reading, MA) Google Scholar
- The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good (2006) (Penguin Press, New York) Google Scholar
- Fagerberg J., Mowery D., Nelson R. R.The Oxford Handbook of Innovation (2005) (Oxford University Press, Oxford, UK) Google Scholar
- Resources and transaction costs: How property rights economics furthers the resource-based view. Strategic Management J. (2005) 26(6):541–555Crossref, Google Scholar
- Creative Destruction: Why Companies that Are Built to Last Underperform the Market and How to Successfully Transform Them (2001) (Random House, New York) Google Scholar
- , Dosi G., Freeman C., Nelson R., Silverberg G., Soete L. Japan: A new national system of innovation? Technical Change and Economic Theory (1988) (Pinter, London) 330–348Google Scholar
- The challenge of global health. Foreign Affairs (2007) 86(1):1–17Google Scholar
- The American Red Cross (1987) (Chelsea House, New York) Google Scholar
- Introduction to the special issue on public-private partnerships. Rev. Indust. Organ. (2006) 29(1):1–2Crossref, Google Scholar
- Corporate Welfare Policy and the Welfare State: Bank Deregulation and the Savings and Loan Bailout (1997) (Aldine Transaction Publishers, Piscataway, NJ) Google Scholar
- Interest alignment and competitive advantage. Acad. Management Rev. (2007) 32(2):418–437Crossref, Google Scholar
- The successful developmental state: Where does it come from? World Development (1994) 22(3):413–422Crossref, Google Scholar
- Innovation at and across multiple levels of analysis. Organ. Sci. (2007) 18(6):885–897Link, Google Scholar
- A new approach for regulating information markets. J. Regulatory Econom. (2006) 29(3):265–281Crossref, Google Scholar
- New directions in corporate governance research. Organ. Sci. (2008) 19(3):381–385Link, Google Scholar
- Firms, Markets and Financial Structure (1995a) (Clarendon Press, Oxford, UK) Crossref, Google Scholar
- Incomplete contract and public ownership: Remarks, and an application to public-private partnership. Econom. J. (2003) 113(3):69–76Google Scholar
- A natural-resource-based view of the firm. Acad. Management Rev. (1995b) 20(4):986–1014Crossref, Google Scholar
- Reconfiguring industrial policy: A framework with an application to South Africa. (2008) Paper presented at the 25th DRUID Celebration ConferenceJuneCopenhagen, DenmarkCrossref, Google Scholar
- Dynamic Capabilities: Understanding Strategic Change in Organizations (2007) (Blackwell Publishing, Malden, MA) Google Scholar
- The strategic organization of political risks and opportunities. Strategic Organ. (2003) 1(4):451–460Crossref, Google Scholar
- Corporate political strategy formulation: A model of approach, participation, and strategy decision. Acad. Management Rev. (1999) 24(4):825–842Crossref, Google Scholar
- Corporate political activity: A review and research agenda. J. Management (2004) 30(6):837–857Google Scholar
- Corporate political strategies and firm performance: Indications of firm-specific benefits for personal services in the U.S. government. Strategic Management J. (1999) 20(1):67–81Crossref, Google Scholar
- Shifting Involvements: Private Interest and Public Action (1982) (Princeton University Press, Princeton, NJ) Google Scholar
- Management theory and research potential contribution to public policy and public organizations. Acad. Management J. (2005) 48(6):963–966Crossref, Google Scholar
- The impacts of climate change: What do we know, how do we know it, and what should we do? (2008) Presentation at the Joint Judge Business School/CIBAM Symposium on EnergyJuneCambridge, UKGoogle Scholar
- The bankrupt “revolution”: Running schools like businesses fails the test. Ed. Urban Soc. (2007) 39(2):244–263Crossref, Google Scholar
- Contractual arrangements and the provision of public interest services: A transaction cost analysis. Eur. Bus. Organ. Law Rev. (2003) 4:403–427Crossref, Google Scholar
- International Journal of Industrial Organization (2008) 26(2). [Special issue on public-private partnerships]Google Scholar
- Financial meltdown, global recession, and academic failings: Why we should have known better and why we need to understand industry architectures. (2008) . Working paper, London Business School, LondonGoogle Scholar
- Organization theory and methodology. Accounting Rev. (1983) 50(2):319–339Google Scholar
- Innovation and cooperation: Implications for competition and antitrust. J. Econom. Perspectives (1990) 4(3):75–96Crossref, Google Scholar
- Depletion of natural resources, technological uncertainty, and the adoption of technological substitutes. Resource Energy Econom. (2004) 27(2):91–108Crossref, Google Scholar
- The irrelevance of equilibrium economics. Econom. J. (1972) 82(328):1237–1255Google Scholar
- Entrepreneurship and the construction of value in biotechnology. Res. Sociol. Organ. (2009) . ForthcomingGoogle Scholar
- The common pool dilemma of global public goods. World Development (2002) 30(3):337–354Crossref, Google Scholar
- Global Public Goods: International Cooperation in the 21st Century (1999) (Oxford University Press, Oxford, UK) Crossref, Google Scholar
- Resource-based and property rights perspectives on value creation: The case of oil field unitization. Managerial Decision Econom. (2002) 23(4):225–245Crossref, Google Scholar
- Property rights theory, transaction costs theory, and agency theory: An organizational economics approach to strategic management. Managerial Decision Econom. (2005) 26(4):223–242Crossref, Google Scholar
- International public goods without international government. Amer. Econom. Rev. (1986) 76(1):1–13Google Scholar
- The economic organization of public entrepreneurship. (2009) . Working paper, University of Illinois at Urbana-Champaign, ChampaignGoogle Scholar
- Is failure good? Strategic Management J. (2005) 26(7):617–641Crossref, Google Scholar
- The political economy of the rent-seeking society. Amer. Econom. Rev. (1974) 64(3):291–303Google Scholar
- Krugman P., Smith A.Empirical Studies of Strategic Trade Policy (1994) (National Bureau of Economic Research, University of Chicago Press, Chicago) Crossref, Google Scholar
- Organization, finance and international competition. Indust. Corporate Change (1996) 5(1):1–49Crossref, Google Scholar
- The Clean Air Act amendments and firm investment in pollution abatement equipment. Land Econom. (2004) 80(3):433–447Crossref, Google Scholar
- The role of private decentralized institutions in sustaining industry self-regulation. Organ. Sci. (2006) 17(6):677–690Link, Google Scholar
- Corporate earnings: Facts and fiction. J. Econom. Perspectives (2003) 17(2):403–427Crossref, Google Scholar
- Contracting for Property Rights (1989) (Cambridge University Press, Cambridge, UK) Google Scholar
- , Birnbaum P., Parry G., Lively J. Pluralism and consensus. Democracy, Consensus and Social Contract (1978) (Sage Publications, London) 188–202Google Scholar
- When Genius Failed: The Rise and Fall of Long-Term Capital Management (2000) (Random House, New York) Google Scholar
- On the mechanics of economic development. J. Monetary Econom. (1988) 22(1):3–42Crossref, Google Scholar
- Corporate Power, American Democracy, and the Automobile Industry (2000) (Cambridge University Press, New York) Google Scholar
- Lundvall B.National Systems of Innovation: Towards a Theory of Innovation and Interactive Learning (1992) (Pinter, London) Google Scholar
- National innovation systems-Analytical concept and development tool. Indust. Innovation (2007) 14(1):95–119Crossref, Google Scholar
- Economic Foundations of Strategy (2005) (Sage, Thousand Oaks, CA) Crossref, Google Scholar
- The field of strategic management within the evolving science of strategic organization. Strategic Organ. (2007) 5(1):79–99Crossref, Google Scholar
- Political activity as strategic factor market competition. (2008) Paper presented at Strategic Management Society ConferenceOctoberCologne, GermanyCrossref, Google Scholar
- To build or not to build: Normative and positive theories of public-private partnerships. Internat. J. Indust. Organ. (2008) 26(2):393–411Crossref, Google Scholar
- Learning to contract: Evidence from the personal computer industry. Organ. Sci. (2004) 15(4):394–410Link, Google Scholar
- McDonald D. C.Private Prisons and the Public Interest (1990) (Rutgers University Press, New Brunswick, NJ) Google Scholar
- The limitations of the limited-liability, publicly traded corporation. (2007a) . Working paper, University of Toronto, TorontoGoogle Scholar
- Academic research that matters to managers: On zebras, dogs, lemmings, hammers, and turnips. Acad. Management J. (2007b) 50:748–753Crossref, Google Scholar
- The end of oil. Rotman Magazine (2009) Winter):23–27Google Scholar
- The emergence and sustainability of abnormal profits. Strategic Organ. (2003) 1(1):79–108Crossref, Google Scholar
- Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron (2003) (Penguin Books, New York) Google Scholar
- Introduction to Political Economy (1982) (Hutchinson, London) Google Scholar
- Markets, firms, and the process of economic development. Acad. Management Rev. (1999) 24(3):390–412Crossref, Google Scholar
- Government and market pathologies of privatization: The case of prison privatization. Politics Policy (2007) 35(2):318–341Crossref, Google Scholar
- Public Choice (2003) (Cambridge University Press, Cambridge, UK) Crossref, Google Scholar
- Corporate governance and economic performance. Internat. Rev. Appl. Econom. (2006) 20(5):623–643Crossref, Google Scholar
- Revolution in International Health? Origins of the Bill and Melinda Gates Children's Vaccine Program and the Birth of a Global Alliance (2006) (University of Rochester Press, Rochester, NY) Google Scholar
- Exploring the foundations of cumulative innovation: Implications for organization science. Organ. Sci. (2007) 18(6):1008–1021Link, Google Scholar
- Nelson R. R.National Innovation Systems: A Comparative Analysis (1993) (Oxford University Press, New York) Crossref, Google Scholar
- The changing institutional requirements for technological and economic catch up. Internat. J. Tech. Learn., Innovation Development (2007) 1(1):4–12Crossref, Google Scholar
- An Evolutionary Theory of Economic Change (1982) (Belknap/Harvard University Press, Cambridge, MA) Google Scholar
- Evolutionary theorizing in economics. J. Econom. Perspectives (2002) 16(2):23–46Crossref, Google Scholar
- A knowledge—based theory of the firm—A problem-solving approach. Organ. Sci. (2006) 15(6):617–632Link, Google Scholar
- Structure and Change in Economic History (1981) (Norton, New York) Google Scholar
- Institutions, Institutional Change, and Economic Performance (1990) (Cambridge University Press, Cambridge, UK) Crossref, Google Scholar
- Institutions. J. Econom. Perspectives (1991) 5(1):97–112Crossref, Google Scholar
- Understanding the Process of Economic Change (2005) (Princeton University Press, Princeton, NJ) Crossref, Google Scholar
- The effectiveness of strategic political management: A dynamic capabilities framework. Acad. Management Rev. (2008) 33(2):496–520Crossref, Google Scholar
- The Logic of Collective Action (1971) (Harvard University Press, Cambridge, MA) Google Scholar
- Governing the Commons: The Evolution of Institutional Forms of Collective Action (1990) (Cambridge University Press, Cambridge, UK) Crossref, Google Scholar
- Power to the Principals: Decentralization in three large school districts. Organ. Sci. (2006) 17(2):298–307Link, Google Scholar
- Making public schools work: Management reform as the key. Acad. Management Rev. (2005) 48(6):929–940Crossref, Google Scholar
- The Theory of the Growth of the Firm (1959) (Oxford University Press, Oxford, UK) Google Scholar
- The cornerstone of competitive advantage. Strategic Management J. (1993) 14(3):179–191Crossref, Google Scholar
- (Corporate) governance, (shareholder) value and (sustainable) economic performance. Corporate Governance: An Internat. Rev. (2004) 12(2):210–223Crossref, Google Scholar
- A behavioral resource-based view of the firm—The synergy of Cyert and March (1963) and Penrose (1959). Organ. Sci. (2007a) 18(3):478–490Link, Google Scholar
- European industrial and competition policy: Perspectives, trends and a new approach. Policy Stud. (2007b) 28(4):365–381Crossref, Google Scholar
- The sustainable competitive advantage and catching-up of nations: FDI, clusters, and the liability (asset) of smallness? Management Internat. Rev. (2009) 49(1):95–120Crossref, Google Scholar
- The Competitive Advantage of Nations (1990) (Free Press, Boston) Crossref, Google Scholar
- Clusters and the new economics of competition. Harvard Bus. Rev. (1998) 76(6):77–90Google Scholar
- Theories of economic regulation. Bell J. Econom. (1974) 5(2):335–358Crossref, Google Scholar
- Redefining the Corporation: Stakeholder Management and Organizational Wealth (2002) (Stanford Business Books, Stanford, CA) Google Scholar
- Making Democracy Work—Civic Traditions in Modern Italy (1993) (Princeton University Press, Princeton, NJ) Google Scholar
- Developing countries and MNEs: Extending and enriching the research agenda. J. Internat. Bus. Stud. (2004) 35(4):277–283Crossref, Google Scholar
- Constructive partnerships: When alliances between private firms and public actors can enable creative strategies. Acad. Management Rev. (2006) 31(3):738–751Crossref, Google Scholar
- The organisation of industry. Econom. J. (1972) 82(326):883–896Google Scholar
- An Essay on the Nature and Significance of Economic Science (1935) (Macmillan, London) Google Scholar
- Industrial policy for the twenty-first century. (2004) . CEPR Discussion Paper 4767, Centre for Economic Policy Research, LondonGoogle Scholar
- Increasing returns and long-run growth. J. Political Econom. (1986) 94(5):1002–1037Crossref, Google Scholar
- How the West Grew Rich (1986) (I. B. Tauris, London) Google Scholar
- Building dynamic capabilities: Innovation driven by individual-, firm- and network-level effects. Organ. Sci. (2007) 18(6):898–921Link, Google Scholar
- Industrial Market Structure and Economic Performance (1990) (Houghton Mifflin, Boston) Google Scholar
- Pursuing strategic advantage through political means: A multivariate approach. Acad. Management J. (2002) 45(4):659–672Crossref, Google Scholar
- The Theory of Economic Development (1934) (Harvard University Press, Cambridge, MA) Google Scholar
- Capitalism, Socialism and Democracy (1942) (Harper & Row, New York) Google Scholar
- Collective Choice and Social Welfare (1970) (Holden Day, San Francisco) Google Scholar
- The state and industrial strategy. World Development (1990) 18(6):861–878Crossref, Google Scholar
- Structure-induced equilibrium and legislative choice. Public Choice (1981) 37(3):503–519Crossref, Google Scholar
- Administrative Behavior (1976) 3rd ed.(Macmillan, New York) Google Scholar
- Organizations and markets. J. Public Administration Res. Theory (1995) 5(3):273–295Google Scholar
- Corporate Warriors: The Rise of the Privatized Military Industry (2003) (Cornell University Press, Ithaca, NY) Google Scholar
- An Inquiry into the Nature and Causes of the Wealth of Nations (1776) (Random House, New York) Crossref, Google Scholar
- Managing strategic contradictions: A top management model for managing innovation streams. Organ. Sci. (2005) 16(5):522–536Link, Google Scholar
- Competitive forces and strategic choice decisions: An experimental investigation in the United States and Japan. Strategic Management J. (2002) 23(10):969–978Crossref, Google Scholar
- Regulation and Markets (1989) (MIT Press, Cambridge, MA) Google Scholar
- Inside Arthur Andersen: Shifting Values, Unexpected Consequences (2003) (Prentice Hall, Upper Saddle River, NJ) Google Scholar
- The economics of climate change. Amer. Econom. Rev. (2008) 98(2):1–37Crossref, Google Scholar
- Too Big to Fail: The Hazards of Bank Bailouts (2004) (Brookings Institution Press, Washington, DC) Google Scholar
- The theory of economic regulation. Bell J. Econom. (1971) 2(1):3–21Crossref, Google Scholar
- Markets, market failures and development. Amer. Econom. Rev. (1989) 79(2):197–203Google Scholar
- The private uses of public interests: Incentives and institutions. J. Econom. Perspectives (1998) 12(2):3–22Crossref, Google Scholar
- , Kaul I., Grunberg I., Stern M. A. Knowledge as a global public good. Global Public Goods: International Cooperation in the 21st Century (1999) (Oxford University Press, Oxford, UK) 308–325Crossref, Google Scholar
- Financial hypocrisy. Economists' Voice (2007) 4(6):1–3Crossref, Google Scholar
- We aren't done yet: Comments on the financial crisis and bailout. Economists' Voice (2008) 10:1–4Google Scholar
- Technology and Market Structure: Theory and History (1998) (MIT Press, Cambridge, MA) Google Scholar
- Towards an economic theory of the multiproduct firm. J. Econom. Behav. Organ. (1982) 3(1):39–63Crossref, Google Scholar
- Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance. Strategic Management J. (2007) 28(13):1319–1350Crossref, Google Scholar
- Dynamic capabilities and strategic management. Strategic Management J. (1997) 18(7):509–533Crossref, Google Scholar
- Who is selling the ivory tower? Sources of growth in university licensing. Management Sci. (2002) 48(1):90–114Link, Google Scholar
- The Theory of Industrial Organization (1988) (MIT Press, Cambridge, MA) Google Scholar
- Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory (1980) (University of Chicago Press, Chicago) Google Scholar
- The future of data analysis. Ann. Math. Statist. (1962) 33(1):1–67Crossref, Google Scholar
- The Economics of Special Privilege and Rent Seeking (1989) (Kluwer Academic Publishers, Boston) Crossref, Google Scholar
- Theories of the State (1987) (Blackwell, Oxford, UK) Google Scholar
- Social issues and management: Our lost cause found. J. Management (2003) 29(6):859–881Google Scholar
- Children and war. (2006) . Lecture given by Mattito Watson, Deputy Field Office Director for Save the Children/U.S., November 8, University of Illinois at Urbana-Champaign, ChampaignGoogle Scholar
- The resource-based view of the firm. Strategic Management J. (1984) 5(2):171–180Crossref, Google Scholar
- The S&L Debacle: Public Policy Lessons for Bank and Thrift Regulation (1991) (Oxford University Press, New York) Google Scholar
- The Economic Institutions of Capitalism (1985) (Free Press, New York) Google Scholar
- Comparative economic organization: The analysis of discrete structural alternatives. Admin. Sci. Quart. (1991) 36(2):269–296Crossref, Google Scholar
- The Mechanisms of Governance (1996) (Oxford University Press, New York) Crossref, Google Scholar
- Sustainability in global health. (2008) . Working paper, Harvard Medical School Division of Social Medicine, Boston, MAGoogle Scholar
- Corporate Governance reform as institutional innovation: The case of Japan. Organ. Sci. (2007) 18(6):973–988Link, Google Scholar
- Why Paulson is wrong. Economists' Voice (2008) September):1–3Google Scholar

