We develop a theoretical framework for describing, modelling, and predicting entrepreneurial strategies by corporations in transitional public policy environments. Drawing on research in entrepreneurship, real options, and strategic management under uncertainty, we demonstrate how corporations...

Governments around the world seek to support entrepreneurship, yet the justification for such intervention varies. Some governments support entrepreneurship as a means to create jobs. Others support entrepreneurship as a means to create competition in markets, with attendant lower prices. In...