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East Asian Business Systems in Evolutionary Perspective

Author: Fu-Lai Tony Yu

Publisher: Nova Publishers

Published: 2003

Total Pages: 192

ISBN-13: 9781590333570

Economic studies on East Asia economies in general and Chinese economies are not lacking. However, most studies hitherto adopt the conventional neo-classical economic approach. In particular, the Cobb-Douglas production function and/or theory of comparative advantage are often applied to explain economic growth of an Asian economy. In international business, Dunning's eclectic theory is also widely adopted to understand the pattern of foreign direct investments in East Asian economies. Yet it is generally agreed that the mainstream neo-classical approach has severe drawbacks and limitations. In particular, it does not consider the role of knowledge and uncertainty. Entrepreneurship, which is the true engine of growth, is largely missing in neo-classical economics. This book uses the evolutionary approach to analyse economic and business activities in East Asian economies. Specifically, the book focuses on knowledge and coordination problems and examines the role of entrepreneurship in economic affairs.

Business Systems in East Asia

Author: Professor Richard Whitley

Publisher: SAGE

Published: 1992-07-27

Total Pages: 292

ISBN-13: 9781446224014

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In this major contribution to comparative-international business Richard Whitley compares and contrasts the dominant characteristics of firms and markets in Japan, South Korea, Taiwan and Hong Kong, relating these to their particular social, political and economic contexts. At the level of the firm he looks at such areas as management styles and structures, decision-making processes, owner-employee relations, and patterns of company growth and development. He also discusses market development, customer, supplier and inter-firm relations, and the roles of the financial sectors and the state in market and industry development. The book also examines the ways in which key social institutions in each country have affected the evolution of business. Finally, the author makes a comparison of East Asian business systems with dominant Western practices.

The Nature of Asian Firms

Author: Scott Hipsher

Publisher: Elsevier

Published: 2007-07-31

Total Pages: 228

ISBN-13: 1780632401

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The Nature of Asian Firms provides managers and others interested in doing business in the dynamic and fast changing Asian region with an understanding of the underlying principles driving both current and future business practices of Asian firms. The book is for internationally focused individuals who realize the importance of gaining a deeper understanding of the fastest growing economic region in the world and the firms from this region. Takes a look at the evolutionary and historical development of Asian firms Examines the regional nature of Asian firms Provides readers with a cross-cultural perspective

Taiwan's Economic Transformation in Evolutionary Perspective

Author: Fu-Lai Tony Yu

Publisher: Nova Publishers

Published: 2007

Total Pages: 308

ISBN-13: 9781600214981

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Since the end of the Second World War, Taiwan has transformed in around 60 years time from a farmland to a high tech industrial economy. This book examines entrepreneurship, innovative systems and government policies in Taiwan.

Theoretical Developments and Future Research in Family Business

Author: Philip Phan

Publisher: IAP

Published: 2008-03-01

Total Pages: 309

ISBN-13: 1607525763

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Until recently, research in family business has been confined to a sub-group of entrepreneurship scholars, labor economists, and sociologists. Family business employment is often the only economic option available to migrants, the first entrepreneurial experience for young people, and a source of an economy's new business creation activities. These issues are typically framed in terms of the generational transfer of wealth, management succession, or the interplay between the economic system of a family and its sociopolitical system. The phenomenon is clearly widespread but for some reason continues to be poorly understood. We believe that progress on the empirical front has been hampered by a lack of accepted theoretical frameworks. For example, attempts to employ agency theory, geographic agglomeration and spill overs, social networks, sense making, bargaining and other frameworks have been scattered. In our view, the extant research has not created the theoretic ballast that can withstand repeated empirical verification. More fundamentally, researchers are beginning to ask, "Is family business theoretically distinctive or a convenient phenomenon for exploiting familiar theories with new data?" We believe the time is ripe for a focused look at the theoretical history and prospects of family business research. Review articles grounded in economics, sociology, psychology and political economy and that offer multidisciplinary implications are especially sought. Theory based empirical papers are also welcomed. We believe that there are exciting opportunities for theory development and so encourage authors to focus on this in their submissions. In sum, the focus of this volume is on showcasing and advancing the latest research in family business.

The Rhythm of Strategy

Author: Marleen Dieleman

Publisher: Amsterdam University Press

Published: 2007

Total Pages: 206

ISBN-13: 9053560335

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An insightful analysis of the strategy of one of Southeast Asia's largest family business groups.

Wealth Doesn't Last 3 Generations

Author: Dr. Jean Lee

Publisher: World Scientific

Published: 2009

Total Pages: 385

ISBN-13: 9812797521

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In this book, three modern Chinese family businesses, including food and beverage company Yeo Hiap Seng, are studied to analyze the problems that family enterprises face. Other case studies include long-standing family businesses in Europe, America and Asia, such as Ford, Kikkoman and Samsung. This book also discusses the changing characteristics of Chinese family businesses, the pitfalls that such enterprises are likely to face, and how they can overcome these pitfalls and achieve sustainable development.

The Oxford Handbook of Asian Business Systems

Author: Michael A. Witt

Publisher: OUP Oxford

Published: 2014-01-30

Total Pages: 752

ISBN-13: 0191626546

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Much of the existing literature within the "varieties of capitalism " (VOC) and "comparative business systems " fields of research is heavily focused on Europe, Japan, and the Anglo-Saxon nations. As a result, the field has yet to produce a detailed empirical picture of the institutional structures of most Asian nations and to explore to what extent existing theory applies to the Asian context. The Oxford Handbook of Asian Business Systems aims to address this imbalance by exploring the shape and consequences of institutional variations across the political economies of different societies within Asia. Drawing on the deep knowledge of 32 leading experts, this book presents an empirical, comparative institutional analysis of 13 major Asian business systems between India and Japan. To aid comparison, each country chapter follows the same consistent outline. Complementing the country chapters are eleven contributions examining major themes across the region in comparative perspective and linking the empirical picture to existing theory on these themes. A further three chapters provide perspectives on the influence of history and institutional change. The concluding chapters spell out the implications of all these chapters for scholars in the field and for business practitioners in Asia. The Handbook is a major reference work for scholars researching the causes of success and failure in international business in Asia.

East Asian Capitalism

Author: A. E. Safarian

Publisher: University of Toronto Press

Published: 1996-01-01

Total Pages: 164

ISBN-13: 9780802080585

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Essays demonstrate how to reduce the entry cost ot North American businesses trying to penetrate East Asian markets.

Chinese Entrepreneurship

Author: Fu-Lai Tony Yu

Publisher: Routledge

Published: 2015-07-24

Total Pages: 180

ISBN-13: 1317501802

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After more than 30 years of reformations in agriculture, manufacturing and trade and industry, China’s economy has grown to become the second largest in the world. This book examines the contributions of dynamic entrepreneurs to the economic development of mainland China and Hong Kong – an analysis that is largely lacking in existing studies China’s economic stronghold. This book adopts theories of entrepreneurship and market processes as major analytical frameworks to conclude that entrepreneurship is the true engine of growth in mainland China and Hong Kong. Chinese Entrepreneurship focuses on the knowledge drivers and systemic challenges of these businesses to examine how entrepreneurs under uncertainty identify and pursue profit opportunities, and how their efforts have enhanced China’s economic dynamics. This book offers vital insight to students, teachers and researchers of Chinese business and economics, along with Chinese culture and expanding economies.