Entrepreneurial spirit in government managed enterprises: evidence from the U.S. general aviation airports
Journal of Public Budgeting, Accounting & Financial Management
ISSN: 1096-3367
Article publication date: 1 March 2008
Abstract
While a number of studies introduce entrepreneurship in the public sector, there is still a need for empirical research in this field. We use a survey of U.S. general aviation airport managers to investigate the benefits of entrepreneurial spirit in public sector management. The results of logistic regressions suggest that the airport managers’ beliefs in importance of selfsustainability significantly improve the likelihood of general aviation airports to be self-sustaining. On the other hand, the airport specific characteristics, such as a favorable location, county population, and others are not statistically significant in achieving self-sustainability. Our findings support the literature that argue that entrepreneurship can be a mean of achieving more efficient, flexible and adaptive management in the public sector.
Citation
Guzhva, V.S., Bazargan, M. and Byers, D.A. (2008), "Entrepreneurial spirit in government managed enterprises: evidence from the U.S. general aviation airports", Journal of Public Budgeting, Accounting & Financial Management, Vol. 20 No. 4, pp. 419-438. https://doi.org/10.1108/JPBAFM-20-04-2008-B001
Publisher
:Emerald Publishing Limited
Copyright © 2008 by PrAcademics Press