Asian business systems
Institutional Comparison, Clusters and Implications for Varieties of Capitalism and Business Systems Theory
Bibliographic Data
| ID | 4237229 |
|---|---|
| Authors | Michael A Witt (0000-0002-4701-6283, INSEAD, corresponding author), Gordon Redding (0000-0002-8864-2280, INSEAD) |
| Year | 2013 |
| Volume | 11 |
| Issue | 2 |
| Pages | 265-300 |
| Publication date | 2013-04-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Socio-Economic Review (JOURNAL) |
| Journal identifiers | ISSN: 1475-1461 • E-ISSN: 1475-147X |
| Publisher | Oxford University Press (PUBLISHER • GB) |
| DOI | 10.1093/ser/mwt002 |
| OpenAlex | W3121387911 |
| Language | EN |
| Citations received | 69 |
| References cited | 46 |
We present an institutional comparison of 13 major Asian business systems—China, Hong Kong, India, Indonesia, Japan, Laos, Malaysia, the Philippines, Singapore, Korea, Taiwan, Thailand and Vietnam—with one another and five major Western economies—France, Germany, Sweden, the UK and the USA. We find five major types of business systems in Asia: (post-)socialist, advanced city, emerging Southeast Asian, advanced Northeast Asian and Japanese. With the exception of Japan, all Asian forms of capitalism are fundamentally distinct from Western types of capitalism. We conclude that the Varieties of Capitalism (VOC) dichotomy is not applicable to Asia; that none of the existing major frameworks capture all Asian types of capitalism; and that Asian business systems (except Japan) cannot be understood through categories identified in the West. Our analysis further suggests a need for the field to invest in further research on social capital, culture, informality and multiplexity
Asian studies · Business system planning · Capitalism · China · Development economics · East Asia · Economics · Economy · Ethnology · Geography · Management · Political science · Politics · Sociology · Southeast asia · Migration, Ethnicity, and Economy · Social Policy and Reform Studies · Socioeconomic Development in Asia
China's Innovation Challenge
Industrial Cluster Dynamics
Reframing research for cross-cultural management
The Spectre of State Capitalism
New Varieties of State Capitalism
State capitalism(s) redux? Theories, tensions, controversies
Corporate Governance Meets Corporate Social Responsibility
Corporate Social Responsibility in Developing Countries as an Emerging Field of Study
Varieties of institutional systems
The strength and weaknesses of the varieties of capitalism approach
Changing configuration of Philippine capitalism
Emerging varieties of incorporated capitalism. Theoretical considerations and empirical evidence
Which model of capitalism best delivers both wealth and equality?
The Business Systems of the World's Leading 61 Economies
The Layering of Meso-Level Institutional Effects on Employment Systems in Japan
Self-consciousness negatively mediates the positive association between internalized weight bias and weight status in cross-cultural survey and brain imaging study
The digital great leap forward mapping China's 21st century attempt to create a new growth model
What attracts foreign direct investment into autocratic states? Regime time horizon and institutional design
Communicative institutionalization of CSR
Informal institutions and international business
Regulatory pluralism and the resolution of collective labour disputes in Southeast Asia
The cooperation between business organizations, trade unions, and the state during the Covid‐19 pandemic
Rethinking corporate social responsibility under contemporary capitalism
Responsible Leadership Types
Reputation and trust on online labour markets
Socialism and Capitalism Through the Russian Prism. Lineages of Concept Formation and the (Post-)Soviet Experience
Responsible leadership toward garnering legitimacy from stakeholders in India
The role of Yin-Yang leadership and cosmopolitan followership in fostering employee commitment in China
Introduction. Towards a Sociology of India’s Economic Elite
Critique and expansion of conceptions of control
Strategic responses of social enterprises to institutional pressures in China
How Firms Communicate Their Social Roles through Corporate Social Responsibility, Corporate Citizenship, and Corporate Sustainability
Defining the Socially Responsible Leader
Conceptualizing variety in platform capitalism
Social capital as it pertains to international ventures in Asia
The Weberian ideal type in political economy
Linking institutions and firm-level outcomes
Comparative capitalism and emerging economies
Oil and state capitalism
Introduction to the Symposium on the 21st STOREP Conference
Varieties of hierarchical capitalism
Technology policy by other means? The recent history of state-owned acquisitions in Europe (2011–2020)
Varieties of Capitalism in Asia
Routledge handbook of the contemporary Philippines
A Two‐Dimensional Framework of National Governance and Its Effects on Attracting Foreign Direct Investment
Expanding the framework of the varieties of capitalism
Comparative capitalism and the empirical taxonomy of context
Emne heterogeneity explored
International relationships and resilience of New Zealand SME exporters during Covid-19
Asian varieties of service capitalism
Exploring the Roles of Social Networks and Absorptive Capacity in Local Firms’ Strategic Flexibility
Varieties of Capitalism and Cross-national Variation in Fertility Rates
Positive Externality
Effective policy mixes in entrepreneurial ecosystems
International business, multinational enterprises and nationality of the company
Varieties of Capitalism and Welfare Regime Theories
Varieties of capitalism and income inequality
Public-private coordination in large emerging economies
Diversity of Southeast Asian Capitalisms
When venture capital is patient capital
Mapping the business systems of 61 major economies
Risky Investments
Institutional legacy of state corporatism in de-industrial labour markets
The adverse consequences of quantitative easing (QE)
Twenty years of 'Law and Finance
Reluctant state capitalism
A 'New' Economic Elite in India
Tracking habitus across a transnational professional field
Mutual dependence and selective coercion
Fuzzy-Set Social Science
The Spirit of Chinese Capitalism
Conjectures and Refutations
Understanding the Process of Economic Change
The Fundamental Institutions of China's Reforms and Development
The Oxford Handbook of Asian Business Systems
Institutions, Institutional Change and Economic Performance
The ‘Lost Decade’ and Japanese Business Studies
The Futures of European Capitalism
An Introduction to Varieties of Capitalism
Introduction
China
Introduction
Buchbesprechungen
Comparing capitalisms
The End of Diversity
The Oxford Handbook of Comparative Institutional Analysis
Information, Incentives and Bargaining in the Japanese Economy
Configurational Comparative Methods
The Diversity of Capitalism and Heterogeneity of Firms—A Case Study of Japan during the Lost Decade
Investor protection and corporate governance
The practice of social research
The social construction of reality
The Architecture of Markets
Putting the Political Back into Political Economy by Bringing the State Back in Yet Again
Varieties of Capitalism and Institutional Complementarities in the Political Economy
Culture Does Evolve
The History and Theory of Empires
Changing varieties of capitalism and revealed comparative advantages from 1990 to 2005
Miti and the Japanese Miracle. The Growth of Industrial Policy, 1925-1975
British Factory-Japanese Factory. The Origins of National Diversity in Industrial Relations
Culture-Level Dimensions of Social Axioms and Their Correlates across 41 Cultures
| Unique citing works | 69 |
|---|---|
| Citations per year | 5,75 |
| Citation span | 2014 - 2026 (13) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 69 |