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Institutional Change Driven by Corporate Political Entrepreneurship in Transitional China: A Process Model

[Abstract]

Corporate political entrepreneurship is one of the important political strategies used by corporations to seize the business opportunities that have emerged from the political arena. This strategy is more popularly used in transitional countries, since in such countries, the social and economic transition force of business entrepreneurs' abilities to change the existing, unreasonable governmental policies or regulations. China is just such a country. Although the theory of institutional change has been studied extensively in the field of institutional economics in the past fifty years, the process and actions used by corporate political entrepreneurs to change present ...

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