Version 1
: Received: 5 November 2024 / Approved: 6 November 2024 / Online: 7 November 2024 (10:15:33 CET)
How to cite:
Smith, M. Public Enterprises: A Systematic Review through Public Choice and Property Rights Lenses. Preprints2024, 2024110470. https://doi.org/10.20944/preprints202411.0470.v1
Smith, M. Public Enterprises: A Systematic Review through Public Choice and Property Rights Lenses. Preprints 2024, 2024110470. https://doi.org/10.20944/preprints202411.0470.v1
Smith, M. Public Enterprises: A Systematic Review through Public Choice and Property Rights Lenses. Preprints2024, 2024110470. https://doi.org/10.20944/preprints202411.0470.v1
APA Style
Smith, M. (2024). Public Enterprises: A Systematic Review through Public Choice and Property Rights Lenses. Preprints. https://doi.org/10.20944/preprints202411.0470.v1
Chicago/Turabian Style
Smith, M. 2024 "Public Enterprises: A Systematic Review through Public Choice and Property Rights Lenses" Preprints. https://doi.org/10.20944/preprints202411.0470.v1
Abstract
Public enterprises, also known as government-owned corporations or state-owned enterprises, are companies with government ownership, control, or partial ownership in sectors such as energy, telecommunications, healthcare, and transportation. Their primary goals are to serve the public's basic needs, advance economic growth, or protect national interests. Public enterprises can collaborate with privately held businesses or face competition. The percentage of public enterprises varies across nations, but they play significant roles in both liberal and private enterprise-oriented systems. Public enterprises are becoming increasingly important due to the state's increasing functions and philosophy, moving from laissez-faire to social welfare initiatives. The idea that the state should hold the majority of natural resources and capital-intensive sectors has gained widespread acceptance in modern states. Public businesses are considered essential tools for achieving social and economic growth, fostering technical innovation, and supporting private sector economic development. This article presents a Systematic Literature Review of the present body of research using the “Preferred Reporting Items for Systematic Reviews and Meta-Analyses” (PRISMA) model. This study further investigates the research gaps (RG), formulates research questions (RQ), and makes an RG-RQ analysis. The study also explores public choice theory and the property rights paradigm, contributing to a better understanding of public enterprises' operations.
Keywords
Public enterprise; Public choice theory; Property Rights paradigm; PRISMA
Subject
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
