Integration Perspectives of Public Administration and Business Management: a Model of Interaction of Public and Private Sectors

Abstract

In the article the theoretical and practical relations between public administration and business management
are discussed. Normative public administration and business management models of New Public
Management, New Governance and Corporative Social Responsibility are analyzed. In view of these
models hypotheses and problems are posed, which are both analyzed in this article and remain the object
for broader public administration and business practitioners discussions. On the basis of this analysis the
authors are suggesting an integrative public and private sectors’ interaction model which is comprised of
five dimensions: 1) impact of private sector on public policy, 2) cooperation between public and private
sectors, 3) impact of public sector on business, 4) business as a stakeholder, 5)