A large, but declining, city in the Midwest is trying to lure businesses to relocate there and to encourage local entrepreneurs to start new businesses. In order to do this, the city has changed its tax laws and regulations concerning business creation and operations. This is an example of
A) institutional entrepreneurship.
B) autonomous strategic behavior.
C) induced strategic behavior.
D) corporate entrepreneurship.

Question

Quizplus · Accepted Answer

Institutional entrepreneurship refers to activities undertaken by individuals or organizations to create or transform institutions, such as changing tax laws and regulations to encourage business development.

A Large, but Declining, City in the Midwest Is Trying