Purpose – The purpose of this study is to expand on previous research conducted by Hornsby et al. that examined the corporate entrepreneurship internal factor of managerial attitude. Design/methodology/approach – This paper develops and tests a group level factor of knowledge, the...

Using a simple two-firm, two-period model, we analyze for a developing economy theprocess of ‘entrepreneurial entry,’ that is, entry by new firms into an industry that didnot previously exist in that country, focusing on the choice between formal andinformal status. Thus we explore issues...

We examine optimal price ceilings when the regulator is uncertain about demand and supply conditions and maximizes expected consumer surplus. We consider both a perfectly competitive benchmark and imperfectly competitive settings where symmetric firms compete in supply functions. Our analysis...