From Rent-Seeking Activities to Economic Activities: The Strategic Transformation of the Deregulated Firm

Bertrand Quelin and Jean-Philippe Bonardi

Working Papers from HAL

Abstract: The political theory of regulation holds that deregulation of utilities obliges the former monopoly to abandon its rent-seeking activities to concentrate upon economic activities. However, the arguments presented by scholars to explain this strategic transformation are not entirely convincing. We argue in this paper that the role and the nature of the firm during the deregulation process have been underestimated in previous works. After describing the main steps of this process, we thus propose a dynamic explanation of the strategic transformation of the deregulated firm based on the concepts of firm capabilities, access to rents and transaction costs.

Keywords: rent-seeking; strategic renewal; capabilities (search for similar items in EconPapers)
Date: 1999-04
References: Add references at CitEc
Citations:

Published in 1999

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: From Rent-Seeking Activities to Economic Activities: The Strategic Transformation of the Deregulated Firm (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-00598228

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().