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This paper examines the path-creation mechanism of the coal-chemical industry and its relatedness to the old path of the coal mining industry in an old industrial region of China. It reveals that the rise of the new path benefits from the old path to a limited extent. The strong multi-scalar structured path dependence upon the coal industry fundamentally constrained local actors to mobilize resources from the old path for new industrial options. The findings show that on the basis of local (pre)existing fertilizer production assets, the new path was created by a combination of market-oriented state-owned enterprise ownership reforms, market induced trans-local entrepreneurship and local state-led developmental strategies. This form of path creation contributes to the extant literature, presenting a complex, multi-scalar, and multi-actor manner of industrial restructuring involving dynamic agencies that is not merely historically conditioned by place-specific assets and structures but also affected by the changing extra-regional political-institutional environment. [ABSTRACT FROM AUTHOR]

• Based on the 'structured content analysis' of the longitudinal data from a journal of Chinese real estate industry during last 11 years, this paper studies the nature of public issue life cycle and corresponding corporate political actions (CPAs) in a transitional economy. This paper finds out that in a transitional economy like China: (1) a new stage called 'policy trial' and double steps of policy introduction were found in the public issue life cycle; (2) the possible outcomes of Chinese public issues are partially consistent with Tombari's arguments; (3) the evolution of CPAs takes a more complex and different path compared with that in the West. In general, this paper provides an available research perspective (the public issue life cycle model) for firms to manage and monitor their external political environment by effectively developing CPAs in a transitional economy. [ABSTRACT FROM AUTHOR]