The degree to which the extensive business networks of ethnic Chinese in Asia succeed because of ethnic characteristics, or simply because of the sound application of good business practice, is a key question of great current concern to those interested in business, management and economic development in Asia. This book brings together a range of leading experts who present original new research findings and important new thinking on this vital subject. Based on rich empirical research data and a multidisciplinary explanatory framework, this book assesses the role, characteristics and challenges of Chinese entrepreneurship and business networks in various East and Southeast Asian countries: the People's Republic of China, Vietnam, Malaysia, Singapore, Indonesia, and Australia. Chinese Entrepreneurship and Asian Business Networks demonstrates that Chinese network capitalism is contingent upon, for example, time, place, institutional frameworks, and that explanatory approaches of Chinese economic behaviour which stress culture and ethnicity are too simplistic. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App.
Globalization and the Renewal of Asian Business Networks
Asian Business Networks
How are Asia's business networks responding to the growing integration of the region into the global economy? To address the question the paper identifies two distinct types of Asian business network originating in two different institutional contexts. It is argued that these original contexts have imprinted upon dominant firms' governance structures and influence their preferred networking mode. Consequently, the renewal of business networks reflects the pressures of globalization and the governance structures of the dominant organizational forms in the networks. Two types of network global commodity chains and family business groups are described and the global pressures for change bearing upon them outlined. This is a preview of subscription content, access via your institution.
Developments in business networks in East Asia
As Chinese communities grew and developed in Southeast Asia, Chinese merchants and traders began to develop elaborate business networks for growth and survival. These elaborate business networks provide the resources for capital accumulation, marketing information, and distribution of goods and services between the Chinese business communities across Southeast Asia. The strength of the family firm lies in its flexibility of decision making and the dedication and loyalty of its labor force. This promotes commercial communication and more fluid transfer of capital in a region where financial regulation and rule of law remain largely undeveloped in Southeast Asia.
Examines three forms of business networking that have been identified within South East Asia: Japanese business networking, Korean business networking and Chinese family business networking. These demonstrate distinct characteristics. The Japanese system is the most well known and is exhibited mainly through the formation of industrial networks. Korean business networking differs in terms of ownership and control with a familial type relationship existing within networks. The Chinese family business network exhibits close links between enterprises that are owned by a single family with foundations of the network based on family, race, religion or profession.