Public Value and the Digital Economy

The public manager can create and co-create value in the digital economy by recontextualizing public value theory (PVT) in light of citizen-driven innovations, decentralized digital structures, and the algorithmic foundations of new economic life. This book seeks to do this by developing chapters that revisit categories central to the functions of public managers in relation to other value-creating agents under PVT, introducing new and important lenses to PVT that are grounded in the praxis of the digital economy, and generating newer formulations that push PVT forward and make its debates salient to the futures that lay before the modern public manager.

Format: Paperback / softback
Length: 154 pages
Publication date: 09 January 2023
Publisher: Taylor & Francis Ltd

The public manager plays a crucial role in creating and co-creating value in the digital economy, a dynamic and rapidly evolving landscape. While significant progress has been made, there is a pressing need to recontextualize public value theory (PVT) to adapt to the unique challenges and opportunities presented by the digital era. PVT, which originated in the context of traditional economic systems, may not fully capture the complexities and nuances of the digital economy, including phenomena such as citizen-driven innovations, decentralized digital structures, and the algorithmic foundations of new economic life.

To address this gap, this book aims to provide a conceptual exercise in contemporizing PVT by revisiting categories central to the functions of public managers in relation to other value-creating agents under PVT. It introduces new and important lenses to PVT that are grounded in the praxis of the digital economy, raising new questions about old problems in PVT and generating newer formulations that push PVT forward and make its debates relevant to the futures that lie before the modern public manager.

The book constitutes an important effort to take PVT forward by shedding new light on the potency of the public manager in confronting and constructing the digital economy through co-creation with the other agents of public value. It will be of interest to researchers, academics, and policy makers in the fields of public and nonprofit management, public administration and policy, and PVT.

In conclusion, the public manager has a vital role to play in creating and co-creating value in the digital economy. By recontextualizing PVT and introducing new lenses grounded in the praxis of the digital economy, this book aims to contribute to the ongoing development of public management theory and practice. It provides valuable insights for policymakers, practitioners, and researchers seeking to navigate the complex challenges and opportunities of the digital era.

Weight: 317g
Dimension: 229 x 152 (mm)
ISBN-13: 9780367673925