| Author: | Hjalmarsson, D. Johansson, A. W. |
| Title: | Public advisory services - theory and practice |
| Journal: | Entrepreneurship & Regional Development
2003 : JAN-MAR, VOL. 15:1, p. 83-98 |
| Index terms: | SERVICE POLICY POWER MARKETS |
| Language: | eng |
| Abstract: | Public advisory service to SMEs is a multibillion pound activity throughout the industrialized world. Yet very little research has been done on the theoretical basis for this field. This paper proposes some elements in a theoretical understanding of the rationale behind public measures. The authors argue that public intervention should be considered at two levels as a public market intervention and as a consultant-client relation at the micro level. At the market intervention level public advisory service is seen in the perspective of economic theory comparing neo-classical and neo-Austrian theory. Two different kinds of services are identified and discussed operational and strategic. |
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