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Chinese Entrepreneurship and Asian Business Networks by Thomas Menkhoff, Gerke Solvay

By Thomas Menkhoff, Gerke Solvay

This quantity examines the enterprise habit of ethnic chinese language marketers within the People's Republic of China, Vietnam, Malaysia, Singapore, Indonesia and Australia whose company acumen and community connections (guanxi) have aroused nice admiration and occasionally envy and pain. The booklet attempts to dispel the various (culturally biased) misperceptions in regards to the company behavior of the ethnic chinese language in East and Southeast Asia akin to their homogeneity, tribal photo and socioeconomic exclusivity, the assumption of better China as an specific, transnational chinese language enterprise circle either inside of and outdoors China and so forth. It additionally illustrates the demanding situations, which the quickly progressing integration of East and Southeast Asia's industry cultures into the worldwide industry approach pose, for ethnic chinese language marketers, their kin companies, conglomerates and community ties.The members include sociologists, anthropologists, political scientists, economists and geographers from Germany, Denmark, the Netherlands, the uk, Singapore, Malaysia, Australia and america - all prime students on ethnic entrepreneurship, the chinese language out of the country and chinese language (business) affairs in East and Southeast Asia. many of the case reports are in keeping with sturdy, indepth empirical examine and may end up super worthy for somebody wishing to appreciate what makes chinese language community capitalism tick and why it is going to remain a serious strength of Asia's nice transformation.Due to its reflective schedule and multi-disciplinary procedure, this e-book can be crucial analyzing for these drawn to East and Southeast Asia, improvement reports, chinese language (ethnic) entrepreneurship, company networks, administration in addition to socioeconomic switch.

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The authors argue that the tendency to emphasize guanxi and trust has to do with the centrality of personal control. The concern for personal control is most clearly demonstrated in intra-firm dynamics, where control is largely affected through restricting ownership to trusted, close guanxi relations. Kinship is the most prominent base for ownership control, with all strategic positions in the firm reserved for family members. As their data clearly 14 INTRODUCTION show, the importance of guanxi in the development of a business goes beyond the family unit.

Neo-Confucian values related to family, education and so forth were seen as key variables in Asia’s rise. ” In academia, this new interest manifested itself in conferences and publications on Chinese identity within the context of Chinese diaspora, “constituting affirmations of identity based on common origins” (Dirlik 1997: 308). ”4 Towards a better understanding of Chinese network capitalism “The significance of kinship ties in forging interfirm connections is overestimated” Popular theories about the distinctive characteristics of ethnic Chinese networking along kinship lines are not always validated by empirical data.

Chinese culture, indeed the language itself, obscures the Chinese people from the rest of the world. Nevertheless, the overseas Chinese, in general, are certainly among the most multicultural and most mobile, of international ethnic groups. These preliminary remarks should be sufficient to outline the major objectives of this chapter, namely (1) to illustrate some of the challenges that globalization and the economic crisis imply for ethnic Chinese entrepreneurs, their family businesses, conglomerates and networks, which have played a significant role in the regional/global economic integration of East and Southeast Asia (Kotkin 1992; Kao 1993; Yeung 1999, 1999a) and (2) to correct essentialist notions of Chinese businesses, which is inextricably linked with the logic of global capitalism rather than “Chinese” capitalism.

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