Guanxi And Business Third Edition
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Guanxi And Business Third Edition
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Author : Yadong Luo
language : en
Publisher: World Scientific
Release Date : 2020-04-22
Guanxi And Business Third Edition written by Yadong Luo and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-22 with Business & Economics categories.
Interpersonal relationship (guanxi) is one of the major dynamics of Chinese society. Guanxi has been a pervasive part of the Chinese business world for the last few centuries. It binds literally millions of Chinese firms into a social and business web. In China's new, fast-paced business environment, guanxi has become more entrenched than ever, heavily influencing Chinese political landscapes, social behavior, and business practice.This book delineates social and cultural principles and philosophies underlying guanxi dynamics, along with guanxi's social norms that have been long embedded in the Chinese society. Although guanxi is embedded in almost every part of social life in China, companies demonstrate different needs and capacity toward guanxi cultivation. Chinese firms develop guanxi as a strategic mechanism to overcome competitive and resource disadvantages by cooperating and exchanging favors with government authorities and other stakeholders. This book presents an integrative framework about guanxi development according to institutional, strategic, and organizational factors. It further articulates how foreign firms adaptively develop their own legitimate and effective guanxi in China's highly dynamic and complex environment.Guanxi is really dynamic that its practices have been constantly changing and its normative and cognitive legitimacy is shifting as the social and economic structures in the society are drastically transforming. For this reason, this third edition of the book has added numerous new and emergent issues such as moral degradation and guanxi, qualitative and quantitative review of guanxi studies, and guanxi ties between organizations.
Guanxi And Business
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Guanxi And Business Third Edition
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Author : Yadong Luo
language : en
Publisher: World Scientific Publishing Company
Release Date : 2020
Guanxi And Business Third Edition written by Yadong Luo and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Business enterprises categories.
Interpersonal relationship (guanxi) is one of the major dynamics of Chinese society. Guanxi has been a pervasive part of the Chinese business world for the last few centuries. It binds literally millions of Chinese firms into a social and business web. In China's new, fast-paced business environment, guanxi has become more entrenched than ever, heavily influencing Chinese political landscapes, social behavior, and business practice. This book delineates social and cultural principles and philosophies underlying guanxi dynamics, along with guanxi's social norms that have been long embedded in the Chinese society. Although guanxi is embedded in almost every part of social life in China, companies demonstrate different needs and capacity toward guanxi cultivation. Chinese firms develop guanxi as a strategic mechanism to overcome competitive and resource disadvantages by cooperating and exchanging favors with government authorities and other stakeholders. This book presents an integrative framework about guanxi development according to institutional, strategic, and organizational factors. It further articulates how foreign firms adaptively develop their own legitimate and effective guanxi in China's highly dynamic and complex environment. Guanxi is really dynamic that its practices have been constantly changing and its normative and cognitive legitimacy is shifting as the social and economic structures in the society are drastically transforming. For this reason, this third edition of the book has added numerous new and emergent issues such as moral degradation and guanxi, qualitative and quantitative review of guanxi studies, and guanxi ties between organizations.
Guanxi And Business
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Author : Yadong Luo
language : en
Publisher: World Scientific
Release Date : 2000-07-24
Guanxi And Business written by Yadong Luo and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-07-24 with Business & Economics categories.
Guanxi (interpersonal relationship) is one of the major dynamics of Chinese society. It has been a pervasive part of the Chinese business world for the last few centuries. It binds literally millions of Chinese firms into a social and business web. It is widely recognized to be a key determinant of business performance, because the life-blood of the macro economy and micro business conduct in the society is the guanxi network. Any business in this society, including local firms as well as foreign investors and marketers, inevitably faces guanxi dynamics. No company can go far unless it has extensive guanxi in this setting. In China's new, fast-paced business environment, guanxi has been more entrenched than ever, heavily influencing Chinese social behavior and business practice. Despite the current academic and practical interest in guanxi, there is no book-length treatment systematically and vigorously exploring the concept and practice from the business perspective. This book fills that gap by exploring the various social economic cultural, and business issues relating to the complex concept and practice of guanxi. Contents:Definition, Principles, and Philosophy of GuanxiEconomic Perspective of GuanxiGuanxi and Firm PerformanceOrganizational Dynamics and GuanxiGuanxi-based Business StrategiesForeign Businesses and GuanxiBusiness Implications of CorruptionPractical Guidelines to Guanxi Cultivation Readership: Students, managers and academics in economics, finance, operations research, management and business sociology. Keywords:Reviews:“It is a timely book in its attempt to provide clarity to the concept, offer a conceptual analysis of the phenomenon, and provide practical ideas to managers … I consider the book to be an excellent primer for managers, especially Westerners, who wish to have a basic lesson on the concept of guanxi and related phenomena.”Asia Pacific Journal of Management “As a guide to current practice, this book is good value. It contains a wealth of illustrative stories and has useful summary diagrams of the main ideas. It will be of much use to practitioners.”The China Journal “This book is a timely contribution to this important subject … It has advanced our intellectual understanding of guanxi by linking it with a number of theoretical bases such as transaction cost theory, organizational networks theory, and resource-based strategy theory … Guanxi and Business is so far the most thorough penetration into the relevance of guanxi for business I have seen written … I highly recommend this book to all who seek to understand business relationships in general and mechanisms in doing business with Chinese societies in particular.”Journal of Asian Business
Chinese Business
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Author : Chee-Kiong Tong
language : en
Publisher: Springer
Release Date : 2014-05-06
Chinese Business written by Chee-Kiong Tong and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-06 with Business & Economics categories.
The nature, institutional foundations, and issues surrounding the apparent success of Chinese business networks is examined in this book. Major concepts such as guanxi, xinyong and gangqing, exploring the nature of trust, relationships and sentiments in Chinese business networks, are re-examined. A significant amount of literature has been devoted to the study of Chinese business, and it largely falls into two broad schools: the culturalist approach, arguing for an essentialist formulation to explain success and the market approach, suggesting that there is nothing inherently unique about Chinese business. This book critiques both these approaches and argues, based on primary data collected in various countries, and with case studies of a large number of Chinese businesses, that another approach, the institutional embedded approach, provides a better explanation for the success, and failure of Chinese business and Chinese business networks.
Explaining Guanxi
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Author : Ying Lun So
language : en
Publisher: Routledge
Release Date : 2013-09-13
Explaining Guanxi written by Ying Lun So and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-13 with Business & Economics categories.
Guanxi, a system of Chinese business relationships, is often described, but is rarely fully understood. Though it seems intangible, there is no doubt that it has contributed significantly to the success of Chinese entrepreneurs and the places where they work. Translated loosely as ‘personal ties’, this simple explanation belies a complex and nuanced system. Guanxi has often been criticised as nepotism - unfair, inefficient, even corrupt, and generally detrimental to business and economic growth... but if it is that bad, how does it survive? This insightful book unravels the origins of Guanxi and provides a much-needed explanation of the phenomena. It investigates: why it was initiated and developed what function it serves how it is maintained why it is such a dominant phenomenon in Chinese business life Combining economics, law and culture, this clear and concise book looks to the future of Guanxi based on its history. Drawing on cultural, organizational and economic studies, it takes a multi-disciplinary approach, integrating these various topics into a coherent explanation of Guanxi ensuring that this illuminating book will be equally useful to students of Asian business as to practitioners working within this market.
Guanxi
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Author : Erdener Kaynak
language : en
Publisher: Routledge
Release Date : 2013-10-31
Guanxi written by Erdener Kaynak and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-31 with Business & Economics categories.
Develop a network of successful business relationships in China!This systematic study of the Chinese concept of guanxi--broadly translated, ”personal relationship” or ”connections”--offers a comprehensive social and professional model for doing business in China. In addition to a clear analysis of the origins and meanings of this vital concept, Guanxi: Relationship Marketing in a Chinese Context empowers you with practical tools for establishing guanxi in order to facilitate successful business relationships. Guanxi is based on an original research study as well as the authors’twenty years of experience of doing business in China. Their understanding of the implications of face, favor, reciprocity, honor, and interconnectedness--all vital parts of guanxi--will enable you to understand the unstated assumptions of Chinese business culture. Moreover, the book discusses the legal implications of guanxi as well as cultural expectations.This valuable handbook offers a wealth of information on guanxi: case studies of guanxi in action managerial implications of saving face and reciprocity measuring guanxi quality and performance indicators step-by-step instructions for building guanxi detailed strategies for penetrating the Chinese market Guanxi is an indispensable tool for anyone wanting to do business in China, for students of international business or Chinese culture, and for scholars interested in international business culture.
Organising Entrepreneurship And Msmes Across India
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Author : Leo-paul Dana
language : en
Publisher: World Scientific
Release Date : 2020-12-15
Organising Entrepreneurship And Msmes Across India written by Leo-paul Dana and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-15 with Business & Economics categories.
In order to sustain their ventures in the Indian market, businesses developed an ecosystem to promote their current and future business. Over time, more and more small business owners emerged and organised their own settings to sustain business activities.Contemporary times challenge emerging economies — like India — to adopt entrepreneurship in order to boost its economy. Micro, Small and Medium Enterprises (MSMEs) are the preferred way of addressing these challenges; however, the ecosystem required to promote these MSMEs poses significant challenges and requires change to be sustainable.This book examines original case studies, quantitative studies and qualitative research highlighting the organisation of new business, reflecting a wide range of sectors across India. The book offers new insights to budding entrepreneurs to help organise new and established firms to infuse entrepreneurial intentions among the workforce.
Guanxi In Contemporary Chinese Business
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Author : Jane Nolan
language : en
Publisher: Routledge
Release Date : 2020-12-18
Guanxi In Contemporary Chinese Business written by Jane Nolan and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-18 with Business & Economics categories.
Does guanxi still matter in 21st century Chinese business and management? Is it really still a culturally distinct form of social interaction, impenetrable by outsiders? Or does it simply resemble the countless other elite networks embedded in business and political spheres across the globe? This book answers these questions through a combination of new empirical insight and nuanced conceptual development. Research examples include investigations of multinational enterprise corporate performance, governance structures in Chinese private firms, organisational justice in Chinese banks, entrepreneurial learning and knowledge acquisition, and the gendered and sexualized nature of guanxi in the workplace. In terms of firm performance, there is still much to be gained by MNE and Chinese firms through cultivating guanxi in different domains, including the political sphere at both the local and national level. However, in terms of employee performance, there is evidence that some younger employees have a strong desire to move towards more merit-based systems and resent being judged on guanxi connections. Similarly, some women may find themselves shut out when attempting to navigate conventional guanxi relationships based on Confucian paternalism. In brief, these practices may also exclude a large pool of emerging talent. This book clearly shows that guanxi is a complex concept that holds a persistent power in Chinese societies. To understand it fully we must acknowledge the dynamic nature of both its dark and light sides. The chapters in this book were originally published in a special issue of the Asia Pacific Business Review.
Women Entrepreneurs In The Middle East Context Ecosystems And Future Perspectives For The Region
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Author : Dina Modestus Nziku
language : en
Publisher: World Scientific
Release Date : 2024-04-29
Women Entrepreneurs In The Middle East Context Ecosystems And Future Perspectives For The Region written by Dina Modestus Nziku and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-29 with Business & Economics categories.
Straddling North Africa and Western Asia, the Middle East has been a cradle of civilisation and entrepreneurship — well before the arrival of Islam. In this region, gender roles were traditionally specified by culture, with women often expected to stay within the family environment, while men would trade in society at large. This book contributes to the literature on a highly neglected field of study: women entrepreneurs in the Middle East. Recognising that entrepreneurship does not take place in a vacuum, it focuses on contexts, and the ecosystems of this region with largely patriarchal societies, that are influenced by culture, religion, and colonial experience.This book provides readers with a topical analysis of women entrepreneurs in the Middle East on the context, ecosystems, and future perspectives for the region. Authors have presented the reality of 11 countries from the region based on women entrepreneurs' historical backgrounds, challenges, and achievements, as well as the contribution towards economic development in their local/immediate communities and the Middle East at large. Following the country analysis by the authors of each chapter, the editors provide a general assessment of the future of women entrepreneurs in the region by focusing on the current entrepreneurship policy and strategies of various countries in the region. This volume will be an essential reading for anyone researching or working on projects related to women's entrepreneurship and small businesses in the Middle East.