Research on Enterprise Strategic Reconstruction and Path select ion Based on Institutional Change
Zeng yu

Abstract
With the development of reform and opening-up, institution’s increasingly prominent role in the market economy makes research on Institution-based strategy become a hot subject in current management field. Starting from the connotation of Institution-based enterprise strategy, this paper uses the theoretical analysis method to analyze the interaction mechanism between institution and enterprise strategy, enterprise’s Institution-based strategy in firm's different life cycle stages and Chinese past thirty years of reform and opening-up institutional experience. Then summarize three widely applicable Institution-based strategy mode. Finally, put forward several route choices of enterprise’s Institution-based strategy integrating with the current situation of institutional change.

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