Enterprise Policy and the Metagovernance of Firm Capabilities

The underlying logic of enterprise policy is that there are impediments to change in economic systems that can be traced to the path-dependent behaviors of economic actors that prevent them from exploring new knowledge and new ways of doing things. Enterprise policy involves firm-level interventions...

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Bibliographic Details
Published in:Administration & society 2015-08, Vol.47 (6), p.656-679
Main Authors: Parker, Rachel, Hine, Damian
Format: Article
Language:English
Subjects:
Logic
Organizational behavior
Public administration
Public policy
Strategic management
Studies
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Summary:The underlying logic of enterprise policy is that there are impediments to change in economic systems that can be traced to the path-dependent behaviors of economic actors that prevent them from exploring new knowledge and new ways of doing things. Enterprise policy involves firm-level interventions delivered by distributed networks of business advisors coordinated by knowledge intermediaries. These metagovernance arrangements are able to disrupt the path-dependent behaviors of organizations. The logic and benefits of enterprise policy are explored through reference to public administration, strategic management and evolutionary theory, and three case studies.
ISSN:0095-3997
1552-3039
DOI:10.1177/0095399712473982