Addressing public-value failure: Re-municipalization as acts of public entrepreneurship

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Abstract

This paper theorizes public entrepreneurship as motivation for re-municipalization when markets fail to invest in and provide public values. Theoretical arguments are corroborated in a single case-study of the re-municipalization of a power plant by the City of Aalborg, Denmark. The decision to re-municipalize is interpreted as an act of public entrepreneurship in a situation where market players declined to engage in a green transformation of local energy supply. In perspective, the paper contributes to theorizing the diversity and range of mechanisms driving re-municipalization as a pragmatic rather than ideological phenomenon in the twenty-first century.
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This paper theorizes public entrepreneurship as motivation for re-municipalization when markets fail to invest in and provide public values. Theoretical arguments are corroborated in a single case-study of the re-municipalization of a power plant by the City of Aalborg, Denmark. The decision to re-municipalize is interpreted as an act of public entrepreneurship in a situation where market players declined to engage in a green transformation of local energy supply. In perspective, the paper contributes to theorizing the diversity and range of mechanisms driving re-municipalization as a pragmatic rather than ideological phenomenon in the twenty-first century.
Original languageEnglish
JournalJournal of Economic Policy Reform
ISSN1748-7870
Publication statusSubmitted - 2019
Publication categoryResearch
Peer-reviewedYes
ID: 294475716