Rethinking Social Capital and Entrepreneurship in Greater China

Download or read book Rethinking Social Capital and Entrepreneurship in Greater China written by Jenn-Hwan Wang and published by Routledge. This book was released on 2016-05-05 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.