Value-creation and networking in coopetition and public value management-The two challenging complementing frameworks of management studies

Managerialism, emphasising on competition, is a leading penetrable practice or method in public and business management. However, managerialism is not a unique principle to manage public and private organisations. In this study we introduce, in addition to managerialism and its backgrounds, the challenging contemporary practices or paradigms of public and business management, such as cooperation, or simultaneous cooperation and competition, that is coopetition, and public value management (PVM), and show their practical and theoretical significance in the management discussions. Regardless of the possibility to dispute the existence of both coopetition paradigm because of the contemporary dominating competition and cooperation paradigms, and PVM because of the different versions of post NPM viewpoints, we introduce the complementary roles of coopetition and PVM frameworks for the management studies and practices