what is the origin of the public value
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The term was originally coined by Harvard professor Mark H. Moore who saw it as the equivalent of shareholder value in public management. Public value is supposed to provide managers with a notion of how entrepreneurial activity can contribute to the common good.
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Public value refers to the value created by government through services, laws, regulation and other actions. It is produced by public managers successfully navigating a strategic triangle encompassing the following: Producing valued outcomes. Within the constraints of available resources and capability.
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