Institutional change generates new opportunities, yet theory remains unclear on how durable, stable institutions, which are thought to constrain individuals, may also foster variation in individual behavior. We argue that institutions might enable variation in behavior by allowing, rather than...

Institutional changes create entrepreneurial opportunities and entrepreneurs strategically respond to institutional pressure. However, we lack an understanding of how institutional changes impact entrepreneurial strategies. By exploiting the regional disparities in China's economic transition,...

This paper contributes to institutional theory on cognitive and normative institutional change targeted at altering beliefs, behaviors, and ultimately firm performance. Prior work emphasizes institutional changes where the ideas and beliefs originate from those within the institutional context....