The Challenge of Administration by Regulation: Preliminary Findings Regarding the U.S. Government's Venture Capital Funds

Research output: Contribution to journalArticle

13 Citations (Scopus)

Abstract

This article assesses the ability of elected officials to control public policy as implemented by public/private hybrid organizations, specifically, government venture capital funds. The study reveals greater control over OPIC investment funds than Enterprise Funds despite the existence of more traditional administrative tools of control for Enterprise Funds. This finding suggests that the regulatory infrastructure for hybrid organizations is more determinative of control than the existence (or lack) of traditional administrative control tools. Thus the challenge of hybrid government centers on the development of regulation as a substitute for administration.

Original languageEnglish (US)
Pages (from-to)641-666
Number of pages26
JournalJournal of Public Administration Research and Theory
Volume9
Issue number4
DOIs
StatePublished - Jan 1 1999
Externally publishedYes

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venture capital
regulation
public policy
Government
Venture capital
infrastructure
lack
ability

ASJC Scopus subject areas

  • Sociology and Political Science
  • Public Administration
  • Marketing

Cite this

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