"Over the past two decades, an unprecedented burst of entrepreneurialism has transformed China's economy from a closed, impoverished, state-run system into a major power in global business. As products in China become more and more sophisticated, and as its companies embrace domestically...

Production and upgrading processes in emerging economies are studied by geographers and economists since many years. However, the relevance of institutions, in particular the informal ones, has not yet been fully understood. The institutional perspective of this book is relevant because regional...