Privatization Process and Corporate Entrepreneurship in Former Monopolies: A Model for Developed Countries

Bertrand Quelin and Jean-Philippe Bonardi ()

No 679, HEC Research Papers Series from HEC Paris

Abstract: This paper considers the impact of privatization on corporate entrepreneurship. The proposed model illustrates how a firm's capacity to implement internal changes is influenced by three factors: credibility of the privatization process, speed of the process, and the new regulatory environment. The type of changes (economic calculation, risk-taking, and alterness) and the extent to which they can be implemented ultimately determine the level of post-privatization corporate entrepreneurship that the firm will be abble to develop.

Keywords: regulation; non market strategy; privatization process (search for similar items in EconPapers)
JEL-codes: L12 L33 L43 O31 O32 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1999-03-01
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Working Paper: Privatization Process and Corporate Entrepreneurship in Former Monopolies: A Model for Developed Countries (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:ebg:heccah:0679

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