Abstract
This paper scans the studies that have investigated the response of enterprises to public policy reforms and suggests an agenda for future research. It traces the evaluation of the literature on relationship between environment and organization as a backdrop for reviewing the 12 key research papers in the international context. It shows that organizations have responded more to the changes in the regulatory environment than in other types of environment. It also points to the shift from unfocused strategy to focused strategy as a response to the public policy environment. The Indian studies scanned by the paper have covered a vast range from understanding the rationale for the public policy reform to responses in specific industry sectors. Against this scan, the paper suggests an agenda for future research in the areas of disaggregated stud ies, organizational processes in strategy reformulation, learning and innovation, corporate governance, and inter-organizational differences in responses. A significant item on the agenda is the study of response of public policy to changes in the firm's strategy. The paper hopes that the agenda would stimulate the preparation of concrete research proposals that would extend the knowledge base of the interaction between the enterprise and its policy environment.