Introduction

This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book deals with the question of whether and in what manner inter-spatial differences, frictions and gaps challenge cross-border acquisitions and the regions involved. It proposes a range of conceptual approaches for better understanding cross-border acquisitions. The book offers an empirical evidence for different types of industrial sectors, involving cross-border acquisitions located in the established core economies as well as in the dynamically rising emerging economies. It aims to inspire researchers dealing with cross-border acquisitions and regional development, as well as practitioners working in management, trade unions, policy-makers and organisations responsible for economic and regional development. The book argues that the need to handle local differences in interspace has even grown in importance in times of globalization. It addresses the flows of financial means in the complex production systems resulting from such transactions.