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East Asian Business Systems in Evolutionary Perspective

East Asian Business Systems in Evolutionary Perspective PDF Author: Fu-Lai Tony Yu
Publisher: Nova Publishers
ISBN: 9781590333570
Category : Business & Economics
Languages : en
Pages : 192

Book Description
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.

East Asian Business Systems in Evolutionary Perspective

East Asian Business Systems in Evolutionary Perspective PDF Author: Fu-Lai Tony Yu
Publisher: Nova Publishers
ISBN: 9781590333570
Category : Business & Economics
Languages : en
Pages : 192

Book Description
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.

The Oxford Handbook of Asian Business Systems

The Oxford Handbook of Asian Business Systems PDF Author: Michael A. Witt
Publisher: Oxford University Press, USA
ISBN: 0199654921
Category : Business & Economics
Languages : en
Pages : 754

Book Description
The Handbook explores institutional variations across the political economies of different societies within Asia. It includes empirical analysis of 13 major Asian business systems between India and Japan, and examines these in a comparative, historical, and theoretical context.

Taiwan's Economic Transformation in Evolutionary Perspective

Taiwan's Economic Transformation in Evolutionary Perspective PDF Author: Fu-Lai Tony Yu
Publisher: Nova Publishers
ISBN: 9781600214981
Category : Business & Economics
Languages : en
Pages : 308

Book Description
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.

The Rhythm of Strategy

The Rhythm of Strategy PDF Author: Marleen Dieleman
Publisher: Amsterdam University Press
ISBN: 9053560335
Category : Business & Economics
Languages : en
Pages : 206

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

Wealth Doesn't Last 3 Generations

Wealth Doesn't Last 3 Generations PDF Author: Dr. Jean Lee
Publisher: World Scientific
ISBN: 9812797521
Category : Business & Economics
Languages : en
Pages : 385

Book Description
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.

Chinese Entrepreneurship

Chinese Entrepreneurship PDF Author: Fu-Lai Tony Yu
Publisher: Routledge
ISBN: 1317501802
Category : Business & Economics
Languages : en
Pages : 180

Book Description
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.

China's Long and Winding Road to Modernization

China's Long and Winding Road to Modernization PDF Author: Fu-Lai Tony Yu
Publisher: Rowman & Littlefield
ISBN: 1666934410
Category : Political Science
Languages : en
Pages : 297

Book Description
This book adopts Austrian and evolutionary approaches to interpret contemporary China's economic transformation under uncertainty, learning and experimentation. It incorporates culture, institutions, government agents and entrepreneurship to understand policy making in China.

Entrepreneurship and Taiwan's Economic Dynamics

Entrepreneurship and Taiwan's Economic Dynamics PDF Author: Fu-Lai Tony Yu
Publisher: Springer Science & Business Media
ISBN: 3642282636
Category : Business & Economics
Languages : en
Pages : 148

Book Description
This book sheds new light on the economic development of Taiwan, examining how entrepreneurs identify and pursue profit opportunities, and showing how their efforts have enhanced Taiwan’s economic dynamics.

Ersatz Capitalism and Industrial Policy in Southeast Asia

Ersatz Capitalism and Industrial Policy in Southeast Asia PDF Author: Fabian Bocek
Publisher: Taylor & Francis
ISBN: 1000601560
Category : Social Science
Languages : en
Pages : 198

Book Description
This book applies and develops the concept of “ersatz capitalism” in the analysis of industrial policy blockades to economic development in Malaysia and Indonesia. Drawing on insights from international political economy, development studies, industrial and innovation policy, and new institutionalism to refer to a specific type of capitalism, the book analyzes different paths and institutions of economic development within the entire East Asian region. Comprehensive theoretical insights are complemented by empirical case studies that relate to country and sectoral studies – the automotive and ICT industries – in Malaysia and Indonesia. Applying contemporary research on international political economy to refer to a specific type of capitalism, the author examines how conflicts of interest between factions of state apparatus, associations, and companies contribute to the failure of developmental policies. The unique combination of theory formation and empirical analysis provides a novel approach to international comparative research on capitalism. The book will be of interest to researchers in the fields of international political economy, development studies, new institutionalism, East Asian and Southeast Asian studies, and industrial and innovation policy.

New Perspectives on Economic Development

New Perspectives on Economic Development PDF Author: Fu-Lai Tony Yu
Publisher: Springer Science & Business Media
ISBN: 9086867162
Category : Science
Languages : en
Pages : 183

Book Description
This book is the first of its kind to use Austrian subjectivism to analyze issues in economic development. Unlike scholars in mainstream neoclassical economics who explain economic development by quantitative growth models, this book attempts to understand economic progress in human agency perspective. In this approach, human agency is placed at the centre of economic analysis. This book begins with a review of the theories of economic development in the history of Austrian economics, with the intention of extending the contributions of major Austrian economists to development economics. After pointing out the weaknesses in the orthodox neoclassical approach to economic growth, the book then puts forward a subjectivist methodology which integrates the contributions of Max Weber, Alfred Schutz and Austrian Economists to interpret economic phenomena and policies. This chapter also serves as a methodological foundation for arguments elaborated in subsequent chapters. The rest of the book discusses important issues in economic development, namely, entrepreneurial process, national capabilities, innovation, trade, government, transition and catching up strategies for firms in latecomer economies. The book ends with concluding remarks and a proposal for a new research agenda in economic development. This book is well written, free from mathematics and is highly readable. It adds new insights not only in economics, but also in management, politics and social sciences. It will be useful to scholars, policy makers and students in economic development, entrepreneurship, theory of the firm, management of innovation, government policy, economic sociology, Austrian and evolutionary economics.