The literature on nonprofit organizations can be said to have
developed in three waves. The first wave asserted some plausible
objectives for a nonprofit organization possessing monopoly power
and examined the subsequent implications for organizational
behaviour; the second looked more broadly at the role of nonprofit
organizations in a wider economy as they compete or collaborate
with for-profit firms and government agencies; the third wave began
the development of integrated theories in which the objectives of
nonprofit organizations emerge endogenously within an environment
potentially containing organizations from other sectors. The
Economics of Nonprofit Enterprises brings together some of the most
important previously published articles which investigate and
elucidate these phases.Richard Steinberg has written an
authoritative new introduction which provides an interesting
overview of the subject and points the way for future research.
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