This chapter provides insight into the later period of China's transition from a centrally planned economy to greater economic liberalization. This period was marked by China's effort to engage other sectors within the broad mission of furthering economic development. The chapter features Lenovo...

This final case of the 3-case series describes the grim situation facing SAIC in late 2008, pummeled by the financial crisis after seemingly overcoming some of the major challenges of the first two years as controlling shareholder of Ssangyong. The Ssangyong union was again resisting proposed...

This second case of the 3-case series describes events from the time the deal was signed in October 2004 through October 2006. The new owners faced a range of major challenges to achieving the strategic objectives driving the acquisition. These included significant resistance and distrust from...

If market economy are to work, they need institutions of economic governance. In traditional economics, there seems universal agreement that the framework of contract law provided by the government is a necessary condition for a market economy to work. Recently, the complementary relationship...

What factors influence a state-owned enterprise in a transition economy to choose between alternative technology acquisition strategies? This study uses two frameworks developed in the context of industrialized economies -transition costs economics and organizational capacities-to propose...