Dr Pitelis said: You cant really appropriate value out of value which is not created; you have to create it in the first place unless you are in a monopoly situation. Instead, the complementarity between public and private entrepreneurial finance seemed to be mostly consistent with the hypothesis that such complementarity enabled mitigating frictions that arose in the deployment of capital to early-stage firms. As the challenges for public services and society become more acute and complex, a concept with its roots in the 1960s is being increasingly revisited as public leaders look to inject entrepreneurial spirit and innovation into the traditional structures and processes of government. Keywords : Entrepreneurship Education, Public Sector Institutes, Chi-square, Nominal Variables, Ordinal Variables, Gamma Test, Contingency Coefficient. Collaboration is fundamental to the public entrepreneur, who seeks to build coalitions for change across government, business and civil society, often knowing when to let go' in order for others to lead. We have arguably only scratched the surface in terms of the potential of public-private-social sector collaboration (and certainly have many examples of where it has not worked!). Converting academic study into practical realities for the public sector and firms in the private sector in order to increase competitive advantage is a big achievement for the authors of Toward a theory of public entrepreneurship. 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