Learning is a key component of firm upgrades in emerging economies, and China is noexception. Studies have identified two critical mechanisms that facilitate learning: 1)connections with supportive local governments that enhance access to resources or publiclyfunded knowledge and 2) connections...

Conventional theories of market entry assume choice availability. This investment assumption is subject to challenges in the power generation market of an emerging economy where the host government controls most key resources and market entry choices. With such constraints, entrants become...