The Challenge of Administration by Regulation: Preliminary Findings Regarding the U.S. Government's Venture Capital Funds
研究了民选官员对政府风险投资基金这类公私混合组织的政策控制能力，发现监管基础设施比传统行政工具更能决定控制效果。
This article assesses the ability of elected officials to control public policy as implemented by public/private hybrid organizations, specifically, government venture capital funds. The study reveals greater control over OPIC investment funds than Enterprise Funds despite the existence of more traditional administrative tools of control for Enterprise Funds. This finding suggests that the regulatory infrastructure for hybrid organizations is more determinative of control than the existence (or lack) of traditional administrative control tools. Thus the challenge of hybrid government centers on the development of regulation as a substitute for administration.