Business Networks in Asia: Promises, Doubts, and Perspectives

by Richter, Frank-Jurgen

• ISBN13: 9781567203028
• ISBN10: 1567203027
• Format: Hardcover
• Copyright: 1999-05-30
• Publisher: Greenwood Pub Group

Summary

Despite the current crisis, Asian economies remain an important market for firms around the world and continue to be stiff competitors in world business. One reason for the region's strength, and a predictor of Asia's endurance, are its business networks--keiretsus in Japan, chaebols in Korea, and other forms that connect single firms, entire industries, and which interlink the region as a whole. Richter and his contributors examine the origins of business networks, their effects on the economies, and the implications of their presence and growth in Asian economies. Corporate strategic planners, marketing executives, and other decision makers will find here an important contribution to their understanding of why Asia's economies will pick up again and how they will continue to grow. The book examines the promises of business networks and the role of transaction costs, interdependence, and membership commitment. The contributors do not automatically assume that past successes of these networks will mean future successes; rather, they define the outlines of new and innovative forms of networks, and see in their configurations an even better platform for further economic development in Asia and for the globalization of Asian multinationals. Contributors offer a critical approach to theory and practice of Asian networking, and because of their national diversity are able to provide a variety of viewpoints on them. Research-based and presenting the thinking of scholars and practitioners alike, the book supplies expert knowledge and a basis for academic discourse on managerial policy not easily found elsewhere.

Author Biography

FRANK-JURGEN RICHTER is a senior executive with a German multinational corporation based in China.

Table of Contents

Tables and Figures	vii
Preface	ix
Introduction	xi
I. Network Organizations: Asian Solutions for Business Transformation
Forms of Network Organization	3	(36)
Ravi S. Achrol
Networks and Entrepreneurship in Southeast Asia: The Role of Social Capital and Membership Commitment	39	(22)
Shaker A. Zahra
Gerard George
Dennis M. Garvis
Markets and Networks: How They Operate in Asia	61	(14)
Nelson Santos Antonio
II. Japanese Keiretsus and Korean Chaebols: Renaissance or Revolution?
Changes in Interorganizational Networks of Japanese Corporate Groups: From Parenting to Partnering	75	(16)
Yoshiya Teramoto
Japanese-Style Intercompany Networks: New Dimensions in the Asian Context	91	(22)
Ivan S. Tselichtchev
Demystifying Asian Business Networks: The Hierarchical Core of Interfirm Relations in Korean Chaebols	113	(36)
Dongyoub Shin
Ku-Hyuk Kwon
III. The Dynamics of Overseas Chinese and Overseas Indian Networks
Weaving Opportunities: The Influence of Overseas Chinese and Overseas Indian Business Networks on Asian Business Operations	149	(22)
George T. Haley
Usha C. V. Haley
Chinese Family Business Networks and Regional Economic Development in Asia	171	(40)
Linda Clarke
Ming Yue
Mary Ann Von Glinow
IV. The Emergence of Networks in China
Networks as Comparative Advantage: The Role of Chinese Sogo Shosha in Managing Paradox	211	(26)
John Kidd
Jane Lu
Industrial Restructuring in Post-Deng China: Toward a Network Economy	237	(16)
Frank-Jurgen Richter
V. New Concepts for New Realities, or How to Transcend Networks
Bargaining Context, Entrepreneurial Initiative, and Society of Networked Producers	253	(16)
Parthasarathi Banerjee
Beyond the Network Organization: Self-Sustainable Web Enterprises	269	(18)
Milan Zeleny
Index	287	(8)
About the Contributors	295