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

Author

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  • QUELIN, Bertrand V.
  • BONARDI, Jean-Philippe

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.

Suggested Citation

  • QUELIN, Bertrand V. & BONARDI, Jean-Philippe, 1999. "Privatization Process and Corporate Entrepreneurship in Former Monopolies: A Model for Developed Countries," HEC Research Papers Series 679, HEC Paris.
    • Handle: RePEc:ebg:heccah:0679
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    Keywords

    regulation; non market strategy; privatization process;
    All these keywords.

    JEL classification:

    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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