Abstract recently, private firms' migration in Zhejiang becomes increasingly active, and it embodies the nature of profit tracing and flexibility of mechanism of private enterprise. It results from the entrepreneurship influenced by traditional culture, the transition of niche of firm, as well as the regional difference of product factor endowment, the halo effect and exterior diseconomy. Firm migration is a decision process in dynamic environment, it should not only take the behavior of firm into account, but also consider the social and culture nature embedded in the behaviors. This embeddedness establishes the footstone of firm's core competence, the migrating firm should embedded in the regional production network, innovation network and also social network in order to acquire strategical resources and realize the sustainable growth.
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Received: 17 March 2008
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Corresponding Authors:
CHEN Wei-hong
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