This paper analyzes the optimal division of labor between foundations and the public sector. Philanthropists enjoy more personal degrees of freedom than leverage over social systems, because public resources vastly exceed philanthropic resources. Given this dynamic, engaging the public sector is...

Two main channels can be pointed out whereby the state participates in value added chains: through the operation of companies with state stakes, and through the services (in a broader sense of the work) produced by enterprises with state stakes and budget-funded organizations. Consequently, the...