Table 2. The empowerment and... | Emerald Publishing

Table 2.

The empowerment and market-based approaches

Dimensions of analysis	Empowerment approach	Market-based approach
Role of public and private actors	Public sector innovation; role of the state as coordinator; engagement of the public sector in partnership and networks; interdependency and ongoing relations between different actors	The public sector as a regulator; private creativity and entrepreneurship drive social innovation (organisations, groups and individuals); relationships develop within a competitive market environment
Problems	Growing deprivation; inequality; social exclusion.	Scarce resources; public budget constraint; economic crisis
Policy objectives	Social justice; empowerment of disadvantaged groups; change in power relations	Sustainable economic growth
Policy means	New models of public policy production; co-production; public-private partnerships; new models of governance	Financial tools for social innovation; regulatory and supportive interventions from the state

Dimensions of analysis	Empowerment approach	Market-based approach
Role of public and private actors	Public sector innovation; role of the state as coordinator; engagement of the public sector in partnership and networks; interdependency and ongoing relations between different actors	The public sector as a regulator; private creativity and entrepreneurship drive social innovation (organisations, groups and individuals); relationships develop within a competitive market environment
Problems	Growing deprivation; inequality; social exclusion.	Scarce resources; public budget constraint; economic crisis
Policy objectives	Social justice; empowerment of disadvantaged groups; change in power relations	Sustainable economic growth
Policy means	New models of public policy production; co-production; public-private partnerships; new models of governance	Financial tools for social innovation; regulatory and supportive interventions from the state