Privatization and entrepreneurial transformation: Emerging issues and a future research agenda

Shaker A. Zahra, R. Duane Ireland, Isabel Gutierrez, Michael A. Hitt

Research output: Contribution to journalReview articlepeer-review

214 Scopus citations

Abstract

Privatization has become a popular strategy to promote economic development in emerging, developing, and developed economies. Despite its popularity, little attention has been devoted to examination of the organizational and managerial implications of privatization or to the effect of privatization on companies' ability to innovate and engage in entrepreneurial activities. In this article we discuss privatization's increasing importance and present a model that links privatization to a firm's entrepreneurial activities. We conclude with a discussion of issues that we believe deserve scholars' attention in theory development and subsequent empirical examination.

Original languageEnglish (US)
Pages (from-to)509-524
Number of pages16
JournalAcademy of Management Review
Volume25
Issue number3
DOIs
StatePublished - Jul 2000

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