Les pays de l’OCDE ouvrent progressivement à la concurrence la fourniture de certains services financés sur fonds publics. Le présent article propose un cadre d’analyse axé sur les mécanismes d’incitation et sur les asymétries d’information qui existent entre les pouvoirs publics,...

OECD countries gradually open the provision of publicly funded services to competition. This article sets out an analytical framework focusing on incentives and information asymmetries between government as a principal and the agents supplying publicly funded services, and reviews how these...

Over the past 25 years, the USA has pioneered a new technological revolution, based on large numbers of new small enterprises, financed by a dynamic venture (risk) capital market. The European Union, meanwhile, has lagged behind in this sector of economic activity, and compared to the US...