!!Building Public Value

["Public Value" http://www.hup.harvard.edu/catalog/MOOCRE.html∞] is an economic concept describing an aspect of societal value that is not easily captured by normal market mechanisms. The UK government has adopted this as a key measure for the reform of public services.

The ["BBC" http://www.bbc.co.uk∞] has used the concept to form the framework of its manifesto for Charter Review ["Building Public Value" http://www.bbc.co.uk/thefuture/bpv/prologue.shtml∞] µµ(see ["Ref 1" .#ref1] for PDF)µµ


[#references]
!References
#[#ref1]["Building public value - Renewing the BBC for a digital world" http://www.bbc.co.uk/thefuture/pdfs/bbc_bpv.pdf∞] µµPDFµµ
#[#ref2]["Creating Public Value - An analytical framework for public service reform" http://www.strategy.gov.uk/files/pdf/public_value2.pdf∞] µµPDFµµ
#[#ref3]["Public Value Failure: When Efficient Markets May Not Do" http://www.cspo.org/products/papers/efficient.markets.html∞]
#[#ref4]["Social Return on Investment" http://www.neweconomics.org/gen/newways_socialreturn.aspx∞]