Innovative Capabilities and the Globalization of Chinese Firms

Innovative Capabilities and the Globalization of Chinese Firms
Author: Maureen McKelvey
Publisher: Edward Elgar Publishing
Total Pages: 256
Release: 2020-12-25
Genre: Business & Economics
ISBN: 1786434482

This book explains how Chinese firms are increasingly developing innovative capabilities and engaging in globalization. It focuses on knowledge-intensive and innovative entrepreneurial firms and multinationals, which already are – or are striving to become – world-leaders in their technologies and markets, and which do so by their use of advanced knowledge for innovation as well as their ability to act globally. The book advances related debates in entrepreneurship, innovation management, economic geography and international business.

The China Firm

The China Firm
Author: Thomas Larkin
Publisher: Columbia University Press
Total Pages: 216
Release: 2024-03-19
Genre: History
ISBN: 0231558538

What roles did Americans play in the expanding global empires of the nineteenth century? Thomas M. Larkin examines the Hong Kong–based Augustine Heard & Company, the most prominent American trading firm in treaty-port China, to explore the ways American elites at once made and were made by British colonial society. Following the Heard brothers throughout their firm’s rise and decline, The China Firm reveals how nineteenth-century China’s American elite adapted to colonial culture, helped entrench social and racial hierarchies, and exploited the British imperial project for their own profit as they became increasingly invested in its political affairs and commercial networks. Through the central narrative of Augustine Heard & Co., Larkin disentangles the ties that bound the United States to China and the British Empire in the nineteenth century. Drawing on a vast range of archival material from Hong Kong, China, Boston, and London, he weaves the local and the global together to trace how Americans gained acceptance into and contributed to the making of colonial societies and world-spanning empires. Uncovering the transimperial lives of these American traders and the complex ways extraimperial communities interacted with British colonialism, The China Firm makes a vital contribution to global histories of nineteenth-century Asia and provides an alternative narrative of British empire.

The China Business Model

The China Business Model
Author: Elisabeth Paulet
Publisher: Chandos Publishing
Total Pages: 292
Release: 2017-01-17
Genre: Business & Economics
ISBN: 0081007574

The China Business Model: Originality and Limits emphasizes transformation of the Chinese Business Model over the last decades. The impact of the financial crisis on China helps the reader understand its evolution towards capitalism. Topics covered include CSR, leadership, and management in China, how do these organizations impact the performance of companies, the financing policy of Chinese firms and its evolution till the slowdown, finance and business in China, and how could the banking sector and/or the financial markets help the development of Chinese companies? - Helps the reader understand the impact of the financial crisis on China and its evolution towards capitalism - Contains coverage of CSR, leadership, and management in China - Answers the question "how can financial markets help the development of Chinese companies?"

Fortune Makers

Fortune Makers
Author: Michael Useem
Publisher: PublicAffairs
Total Pages: 319
Release: 2017-03-14
Genre: Business & Economics
ISBN: 1610396596

Fortune Makers analyzes and brings to light the distinctive practices of business leaders who are the future of the Chinese economy. These leaders oversee not the old state-owned enterprises, but private companies that have had to invent their way forward out of the wreckage of an economy in tatters following the Cultural Revolution. Outside of brand names such as Alibaba and Lenovo, little is known, even by the Chinese themselves, about the people present at the creation of these innovative businesses. Fortune Makers provides sharp insights into their unique styles -- a distinctive blend of the entrepreneur, the street fighter, and practices developed by the Communist Party -- and their distinctive ways of leading and managing their organizations that are unlike anything the West is familiar with. When Peter Drucker published Concept of the Corporation in 1946, he revealed what made large American corporations tick. Similarly, when Japanese companies emerged as a global force in the 1980s, insightful analysts explained the practices that brought Japan's economy out of the ashes -- and what managers elsewhere could learn to compete with them. Now, based on unprecedented access, Fortune Makers allows business leaders in the United States and the rest of the West to understand the essential character and style of Chinese corporate life and its dominant players, whose businesses are the foundation of the domestic Chinese market and are now making their mark globally.

Chinese Firms Going Global: Can They Succeed?

Chinese Firms Going Global: Can They Succeed?
Author: Joseph C Healy
Publisher: World Scientific
Total Pages: 237
Release: 2018-06-11
Genre: Business & Economics
ISBN: 9813235950

China has increased its engagement with the world and is pursuing ambitious economic goals. Much has been written about the economic and social impact of Inbound Foreign Direct Investment (IFDI) on China with the transfer-in of Western resources and expertise. Less has been written, in an accessible way at least, on the unleashing of the entrepreneurial spirit and Outbound Foreign Direct Investment (OFDI) of China as Chinese firms have gone global.The global expansion of Chinese firms is a recent phenomenon, which is not well understood. The book is aimed at providing an important context for understanding the challenges and biases Chinese firms face while going global, using a multi-disciplinary approach weaving themes from history, contemporary Chinese politics, geopolitics, international relations, economics, finance, strategy, culture and society, together with the role of management education in developing entrepreneurs' capabilities for success.The book also explores the basis upon which Chinese firms can compete outside their domestic market by using a Four Cs' framework — core capabilities, cultural adaptability, competencies of management and country of origin. The book argues that weaknesses in several of the Four Cs' might be compensated for by the Fifth C — cooperation from government.The book will appeal to the growing legion of China-watchers and general readers who are open-minded and keen to better understand the increasing profile of Chinese firms in international markets. Are they a threat? To whom? And why?

The China Strategy

The China Strategy
Author: Edward Tse
Publisher: Basic Books
Total Pages: 0
Release: 2012-08-07
Genre: Business & Economics
ISBN: 9780465029068

China has hundreds of thousands of businessmen and women who are driving the fastest sustained national economic growth rate of any country in world history. After decades of being held back by their country's socialist history, the Chinese people are moving forward with the force of water bursting from a broken steam pipe. The intensity of their aspirations, joined with the plans of the government and the presence of the country's hundreds of millions of ordinary people, means that future developments in China will surpass even those of the recent past—and in an extraordinary manner. At the same time, the integration of Chinese business with global business is accelerating, meaning that no major enterprise or financial institution can avoid doing business with China, any more than they can avoid the United States. Success in China, either for a local entrepreneur or a global multinational, is now enough to transform a company's performance worldwide. This book explains the changing nature of China's business environment, its increasingly complex relationship with the rest of the world, and the global business. The China Strategy is uniquely positioned to help business leaders and other observers make sense of China. It provides a holistic view of the Chinese business environment, looking at consumers, competitive enterprises, the government, integration with the rest of the world, and the ways these elements interact. This book is thus the first to lay out a framework that puts together the different (and seemingly contradictory) trajectories of China's future. It shows how change is taking place in non-linear fashion: some factors (like Chinese entrepreneurship) are expanding exponentially, while others (like the value of China's labor arbitrage) may be reaching a plateau. And it shows how to build and execute a global business strategy in light of these changes. During the next few years, successful American and European businesses may have to move to become global businesses, incorporating China in particular into their core identity because it is the fastest-growing world hub of economic activity. They will need to become familiar with the Chinese financial systems, as well as its consumer markets, innovation capabilities, and labor force. These leaders could have no better guide than The China Strategy.

The Rise of China, Inc.

The Rise of China, Inc.
Author: Shaomin Li
Publisher: Cambridge University Press
Total Pages: 347
Release: 2022-01-27
Genre: Business & Economics
ISBN: 1316513874

Reveals how the CCP pursued global expansion by running the Chinese state like an organisation that acts as swiftly and flexibly as a firm.

The Governance Structures of Chinese Firms

The Governance Structures of Chinese Firms
Author: Chun Liao
Publisher: Springer Science & Business Media
Total Pages: 222
Release: 2009-08-02
Genre: Political Science
ISBN: 1441900365

China’s extraordinary economic growth is inspiring research from a wide spectrum of fields to explain the phenomenon: What are the primary drivers of China’s economic growth? Can it be sustained? Can the Chinese business model be emulated by other countries? What long-term effects will China’s economic growth have on the global economy? In this volume, Chun Liao explores these issues in the context of firms’ governance structures, arguing that China’s dual business system of state-owned enterprises and private enterprises is uniquely suited to the challenges of economic development in the twenty-first century. On the one hand, China’s state-owned enterprises are characterized by state coordination, bank financing, insulation from the stock market fluctuations, and incremental productivity-enhancing innovations, which are similar to the firms in the business systems of coordinated market economies (like Germany and Japan). On the other hand, China’s private enterprises are characterized by private (often family) ownership, hard budget constraints, profit maximization, and more risky radical innovation, which are similar to the firms in the business systems of liberal market economies (like the US and the UK). Based on the state controlling shareholding in the state sector, the boundary between the state sector business system and private sector business system is clear. This dual type system is contrasted with those in liberal market economies and those in coordinated market economies, where only one type system dominates. Drawing from empirical data and industry analysis over the past 15 years, Liao provides unparalleled access to the dynamics of the Chinese economy, including ownership structure, management design, labor-management relations, business infrastructure, capitalization (including role of banks and financial institutions, private investment, and FDI) in both the public and private sectors. In the process, she analyzes both opportunities and challenges that result from China’s dual business system, particularly in regard to innovation, core competitiveness, and sustainable growth in both state strategic technology-based industries and private high technology industries . The result is an approach that sheds new light on China’s economic performance and its rise as a player on the international stage.

International Cross-Listing of Chinese Firms

International Cross-Listing of Chinese Firms
Author: Liu, Lixian
Publisher: IGI Global
Total Pages: 380
Release: 2014-01-31
Genre: Business & Economics
ISBN: 1466650486

While many nations are still struggling from the global financial crisis and regaining their financial security, investors are considering alternative options for investing their money; and the secure financial sector is China appears as a viable option. International Cross-Listing of Chinese Firms examines the successful techniques and strategies that Chinese companies are using within their financial practices. It highlights the foreign-based multinational enterprise theories related to the major international stock markets. By providing the latest theories and research, this book will be beneficial for business practitioners, researchers, and managers interested in the relationship between cross-listing and firm valuation of Chinese firms.

The Strategies of China's Firms

The Strategies of China's Firms
Author: Hailan Yang
Publisher: Chandos Publishing
Total Pages: 191
Release: 2015-07-24
Genre: Business & Economics
ISBN: 0081002769

This book aims to analyze how China's firms in the consumer electronics (CE) sector have developed their business strategy and corporate governance during the reform process. This book examines the CE sector in particular because it is one of the country's most important and dynamic manufacturing sectors and one of the earliest market-oriented sectors. - focuses on firms with different ownership - provides cases that offer insights into the interactions among key factors of environmental changes, exploitative and explorative strategies, and performance in a transition environment - explains why the strategies of some firms do not fit with their environments, which leads to their poorer competitive position. - compares the corporate governance of the China's firms with different ownership - explores the different ways of development of China's firms in the consumer electronics sector from the perspectives of business strategy and corporate governance - includes some wider policy-related implications related to the reform of China's firms