We develop a capabilities-based theory of acquirer target selection, arguing that acquirers will pursue both low capability targets in existing contexts to deploy existing capabilities, and high capability targets in new contexts to acquire new capabilities. These arguments are formalized in an...

Economic transition in China has witnessed (re)centralization of resources from the margin to the core in economic, social and political senses. This book employs a marginalization lens to reveal, delineate and better understand the processes, patterns, trends, multiple dimensions and dynamics...