“…Existing research in strategy, innovation and entrepreneurship focuses on the implications that these New Normal conditions have for consumers (Etzioni, ), firms (Hitt et al, ) and society at large (El‐Erian, ), but we also need to better understand how actions at the micro‐level shape the New Normal business landscape at the macro‐level and vice versa. Entrepreneurs and regulators, in particular, are becoming increasingly interdependent in the New Normal business landscape for several reasons (see Abels, ; Benton, ; Davis, ; Dabla‐Norris et al, ; El‐Erian, ; Martin et al, ). First, because economic growth from existing businesses has stagnated in many fields, regulators are becoming increasingly anxious to promote and sustain high‐growth entrepreneurial ventures.…”