Rethinking Social Capital and Entrepreneurship in Greater China: Is Guanxi Still Important?
Jenn-Hwan Wang · Ray-May Hsung
May 2016 · Routledge
Ebook
266
Pages
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About this ebook
Family networks and wider personal social relationships - guanxi - have long been held to be a significant factor making for the success of many Chinese family businesses, and guanxi is often seen as a special characteristic which shapes the nature of all business in China. This book re-examines this proposition critically, bringing together the very latest research and comparing the situation in different parts of "Greater China" – mainland China, Taiwan and Hong Kong. It considers entrepreneurship, venture capital, intergenerational succession, disputes, family businesses in different sectors of the economy, and particular family businesses. Among the book’s many interesting conclusions is the observation that guanxi capitalism has evolved in different ways in the different parts of Greater China, with the particular institutional setting having a major impact.
About the author
Jenn-Hwan Wang is a Professor in the Graduate Institute of Development Studies at National Chengchi University, Taiwan.
Ray-May Hsung is a Professor of Sociology at National Chengchi University, Taiwan.
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