Increasingly sophisticated machinery, short product life-cycles, and demanding user requirements have increased competition in the machine tool market. Because all machine tool companies have limited resources, they must seek competitive advantages. Strategic collaborations have become...

Special economic zones can be an effective instrument to promote industrialization if implemented properly in the right context. In China, starting in the 1980s, special economic zones were used as a testing ground for the country's transition from a planned to a market economy, and they are a...