Do we fully understand what the critical differences and similarities are between the public and private sector? An award-winning paper, "Toward a theory of public entrepreneurship", by Dr Christos Pitelis of Cambridge Judge Business School, Professor Joseph Mahoney of University of Illinois at Urbana-Champaign and others, discusses how the term 'entrepreneur', traditionally associated with private sector goals, and 'for profit' motives, can also apply to the public sector.