Entrepreneurial privatization strategies: Order of entry and local partner collaboration as sources of competitive advantage

Firm-level responses to privatization have not been widely studied. Drawing from Industrial organization economics, the resource-based view, and interorganizational cooperative strategy, I develop an integrated theory to show how privatization encourages early entry: how delayed market liberalization reinforces first mover benefits: and how firms with specialized resources, an entrepreneurial orientation, and local partner collaborations gain postprivatization competitive advantage. I construct a model and provide case illustrations to support the theoretical development, discuss implications of the research propose methods to test the model, and make suggestions for future inquiry.