The West has long been ignorant of cultural and political processes in China. Today, a growing number of Westerners are becoming aware of China's real and giant potential as a player in the international business arena. As business becomes increasingly international, it is vital to understand the concrete nature of business and underlying attitudes in the world's most populated country.
This volume presents a unique view of the major facets of international business in China. It examines the workings of finance and accounting, law, management, and marketing as well as trade, foreign direct investment, and the management of foreign subsidiaries. Discussion of such functional areas is placed firmly in the context of developments in China in recent years, with special emphasis placed on implications for firms doing business in or with China. Succinct, up-to-date analysis is combined with practical guidelines and recommendations for the business person.
This highly international bookis an important step towards demystification of the workings of international business. The material presented is from leading experts in business from around the world who write from direct experience of business in China.

Small Sub Saharan African countries are facing difficult times trying to accelerate their economic growth while at the same time attempting to liberalize their economies. For many, independence has brought political freedom without concomitant economic and social improvement for their indigenous populations. Zimbabwe fits this description and while it has made significant strides in educating its populations and distributing some agricultural land, it still lags in modernizing its manufacturing industries which survived for many years with little or no capital investment and restricted access to imports. This study, based on a detailed analysis of the results of a survey of manufacturing firms in selected industries, shows the origin of the technologies they have mastered, the use made of external and domestic sources of technology, the skills being applied, their training and other needs, as well as the policies that could favourably affect future industrial development in Zimbabwe.

eBook available with sample pages: 0203076052

Knowledge has in recent years become a key driver for growth of regions and nations. This volume empirically investigates the emergence of the knowledge economy in the late 20th century from a regional point of view. It first deals with the theoretical background for understanding the knowledge economy, with knowledge spillovers and development externalities. It then examines aspects of the relationship between knowledge inputs and innovative outputs in the information, computer and telecommunications sector (ICT) of the economy at the regional level. Case studies focusing on a wide variety of sectors, countries and regions finally illustrate important regional innovation issues.

This eleventh volume derived from the Annual International High Technology Small Firms (HTSFs) Conference, and the edited book series of which it forms part, is a detailed testimony to the progress of academic research on this specialist, but highly important, area of industrial activity. In particular, research from this series is intended to provide a basis for new "evidence-based" government policy, although governments in many developed economies have often been seduced by "fads," in circumstances where policy solutions are crudely adopted without convincing evidence of their efficacy. None the less, it is most important for academics, although they may be occasionally ignored, to continue to pursue independent research of the type contained within this series in order to provide research-based policy options, and commentary on the quality of the current policy environment for HTSFs in different national contexts.

As in the case of previous volumes in this series, the current collection of papers inform many issues important to policy as governments seek to promote HTSF formation and growth. In this volume individual papers are grouped into three main sections; these are "Theory," "Strategy" and "Clustering and Spin Off Firms." Regarding Theory, all five papers grouped under this heading are concerned, either with high technology entrepreneurship in general, or academic high technology small firm entrepreneurship in particular, with four of the five papers strongly focussed on academic entrepreneurial examples. The Strategy section is again comprised of five papers, which broadly explore how diverse business ideas are operationalised in terms of strategy.

A longstanding interest in academic spin-offs in this book series has been more recently re-invigorated by a sudden interest in clustering which, through the related topics of incubation, science park formation and sub-regional high technology clustering has prompted linked research on the formation and growth of HTSFs in specialist locations, mainly through spin off. In the final Clustering and Spin Off section, the four individual papers are either concerned with how "spin offs" can contribute to HTSF cluster growth in industrial districts, or in the environs of major core regional universities.

This book provides a holistic and practical approach to managing supply chains risks and presents a new framework model for sustainable optimization of risk management. This framework includes supportive tools for risk mapping and strategic decision-making. Managers can apply tailored versions of this framework for the management process of their respective sector. The authors provide case studies in industries such as automotive, aviation, airport, and healthcare.

Replacement Models with Minimal Repair is a collection of works by several well-known specialists on the subject of minimal repair in replacement policies. It gives an exhaustive list of minimal repair models for the effective planning of minimal repair and maintenance actions. Written in an engaging style, Replacement Models with Minimal Repair balances complex mathematical models with practical applications. It is divided into six parts that cover: mathematical modeling of minimal repair; preventive maintenance models and optimal scheduling of imperfect preventive maintenance activities; a new warranty servicing strategy with imperfect repair; mathematical models combining burn-in procedure and general maintenance policies; methods for parameters' estimation of minimal repair models; and product support. Replacement Models with Minimal Repair is for anyone with an interest in minimal repair and its impact on maintenance policies and strategies. It is a particularly useful resource for researchers, practitioners, and graduate students.

This book provides and sheds light on insights, challenges, and opportunities to support the development and economic growth of the fashion industries within emerging markets. The fashion industry is growing rapidly in emerging markets; fashion marketers and retailers are increasingly becoming aware of the benefits of this market and are forced to seek their future growth potentials in this part of the world; in addition, marketing strategies, tools and technologies have also evolved. With a growing demand for additional research, information, recommendations and insight from practitioners, entrepreneurs, students, and academics, contributing authors use multiple methods and theories to uncover, analyse, demonstrate, and present the facts in their chapters and provide integrated guideposts for future research. This book is intended to satisfy the needs of stakeholders in the quest for practical insights into fashion marketing in emerging economies, especially in South America, Asia and Africa. It offers timely information on growing areas such as sustainability, digital platforms, supply chain and logistics and provides a good insight for anyone seeking to explore opportunities in emerging market economies. The book offers a much needed resource for students, scholars and practitioners.

This work goes beyond recent analyses of African development to present a post-dependency framework for the study of Africa's political economy. The author argues that, although the contributions of the modernization and dependency frameworks cannot be ignored, recent economic and political adjustments and realignments require a more penetrating analysis--one that takes into account such factors as the overall growth of the economy, the role of the state, parallel markets, and capitalist development in general. An ideal supplemental text for courses in comparative politics, international political economy, and African development, the volume is comparative in approach and covers the countries of sub-Saharan Africa.

The author begins by discussing the various dimensions--agricultural, environmental, industrial, population--of Africa's continuing crisis condition. He then closely examines the African development experience since independence and explores the evolution of development theory and its application to Africa. Arguing for a new mode of production approach to the study of Africa's political economy, the author attempts to determine whether Africa is indeed predominantly capitalist and raises questions regarding prevailing theories of capitalist development. Finally, Nyang'oro looks at the state in Africa, pointing to some fundamental weaknesses that contribute to the ongoing crisis and offering a perceptive assessment of development options open to Africa.

Herbert Blumer wrote continuously and voluminously, and consequently left a vast array of unpublished work at the time of his death in 1987. This posthumously published volume testifies further to his perceptive analysis of large-scale social organizations and elegant application of symbolic interactionist principles.

Blumer's focus on the processual nature of social life and on the significance of the communicative interpretation of social contexts is manifest in his theory of industrialization and social change. His theory entails three major points: industrialization must be seen in processual terms, and the industrialization process is different for different historical periods; the consequences of industrialization are a function of the interpretive nature of human action and resembles a neutral framework within which groups interpret the meaning of industrial relations, and the industrial sector must be viewed in terms of power relations; industrial societies contain inherently conflicting interests.

The editors' introductory essay outlines Blumer's metatheoretical stance (symbolic interactionism) and its emphasis on the adjustive character of social life. It places Blumer's theory in the context of contemporary macro theory, including world systems theory, resource dependence theory, and modernization theory.

"Herbert Blumer" (1900-1987), formerly Chairperson, Department of Sociology at the University of California, Berkeley, was the theoretical and methodological leader of "symbolic interactionism" and was identified as its foremost proponent for a half-century. His publications include works on industrial relations, research methods, mass society, collective behavior, race relations, and social movements.

"David R. Maines" is chairman of the department of anthropology and sociology at Oakland University. He has worked to articulate an interactionist approach to the study of social organization as well as the fundamental relevance of temporality and communication for sociological analysis.

"Thomas J. Morrione" is Charles A. Dana Professor of Sociology at Colby College and he is currently Chair of the Department of Sociology and Anthropology at the college. He was a Research Associate (1977, 1985) and Visiting Professor (1984) at the University of California, Berkeley.

This study chronicles the unique relationship between the Federal government and the American multinational corporation, integrating it into the mainstream of American political history. It is a record of continuous adjustment on the part of both parties as each side navigated the unchartered waters of this unconventional partnership. What makes it so relevant historically is that while the Federal government was adjusting to its postwar global responsibilities, corporate America in its multinational dimension was taking on new roles which redefined the international political economy. It involved international oil companies impacting our relations with the volatile Middle East, an economic Watergate of global dimensions, and an unresolved debate on public versus private responsibilities toward the Third World and its multiple economic and social problems. Objectively presented, " America and the Multinational Corporation" provides the historical context for tracking the various presidential perspectives from Truman to Bush as well as the various congressional initiatives to redefine business-government relations in terms of corporate America's most aggressive offspring--the multinational.

Professor Reardon moves beyond the initial assessments of the multinational corporation vis-a-vis the Federal government, refusing to view it as a threat to the continued survival of the nation-state or as a force that the Federal government must tame at all cost. Rather, the partnership is a complex and continuously evolving relationship that may well be acquiring a new configuration as the world's economy becomes global rather than international. His study will be of interest to all students of contemporary American history as well as scholars in international political economy.

The Move to the Market? brings together recent contributions that critically review and examine the role that trade and industry policy reforms have played in the transitional economies. It relates trade and industry policy to the wider set of reforms being implemented as part of the process of moving from a predominantly centrally planned to a more market-oriented economy. The book highlights the different and complex patterns of development that are emerging between the transitional economies of Europe, Africa and Asia.

In this volume the leading scholars and practitioners in the field provide a comprehensive, in-depth examination of trends in privatization throughout the world. Focusing primarily on the experiences of seventeen countries--including developing countries, advanced industrial nations, and socialist states--the book explores theoretical approaches toward the issues inherent in privatization and deregulation, specifies techniques for successful privatization, and examines the cost-benefits and limits of privatization policies. The contributors then present a series of twenty detailed case studies which assess the actual problems and prospects associated with privatization and deregulation policy choices across varied sociopolitical systems and a range of economic sectors. The result is the most extensive comparative public policy analysis yet published on the subject of privatization and deregulation.

Following an introductory overview which addresses the interaction between privatization, deregulation and market liberalization within both developed and developing country policy environments, the contributors discuss the philosophical bases of privatization policies, examine the seminal experiences of Britain and the United States, and identify factors responsible for successful privatization efforts. This is followed by case studies of privatization in such sectors as finance, transportation, health care, housing, and telecommunications around the world. After special sectoral studies of developing country finance, debt-equity conversions, and international air transport, the authors successively survey the experience of privatization in selected Latin American, Caribbean, West African and Asian developing nations; in the advanced industrial nations of Canada, France, New Zealand, and Sweden; and in the socialist countries of China, Hungary, and Poland. In their conclusion, the editors discuss the immediate implications of the contributors' findings and suggest research directions for the future. Numerous explanatory tables and figures are included, making this an ideal supplemental text for courses in business, government, and public policy.

This book discusses theoretically and empirically the trade-off relationship between the frequency of product adaptation activities and the constraints on development resources, and how companies can respond to these constraints. The objective of this book is to identify effective management practices in continuous product development. With the continuation of development activities, companies are required to constantly adapt their products to changes in the external environment. In continuous product development, the development process extends beyond product release, and interaction with the external environment is not limited to the planning stage but occurs multiple times throughout the process. What impact does the multiple adaptation activities have on the product performance as development activities become more continuous, and how to use limited development resources to provide stable and constant high-quality adaptation activities with optimal frequency have become urgent issues in the development sites. To address these research questions, this book focuses primarily on the development activities of the online game industry. The factors that bring about superior product performance are examined by combining case studies and questionnaire surveys on online game development projects. Furthermore, user community management is also discussed from the perspective of the interaction process between multiple user groups.

How does a market globalize? How do antitrust and trade policies speed up or slow down the process? How do firms take part in it? This book offers a comprehensive appraisal of the phenomenon from a thorough study of the cement industry. Considered as a model of spatial competition in economic textbooks and inherently local, the industry globalized in the 1980s. This book deals with this extreme case highlighting the fundamental characteristics of globalization.

This book provides quantitative evidence on the issues in fiscal and monetary policies in Mongolia and presents necessary policy recommendations for policymakers and academic circles. Mongolia belongs to a natural resource-based, transition economy and thus has faced the risk of the so-called resource curse-including the "Dutch Disease" and immaturity in market-based systems, particularly in financial markets. Consequently, reformations of resource allocation and policy governance in fiscal and monetary fields have been required. So far, however, there have been only a very limited number of quantitative studies in the Mongolian economy among the vast literature of Asian studies. This book applies scientific approaches to address fiscal and monetary issues, such as data-oriented and econometric methods (a structural vector auto-regression model, a spatial econometric model, and panel estimation with fixed effects, among others). In this manner, the book enriches empirical evidence in academic literature and also contributes to evidence-based policymaking. All the authors are young leaders of government officials in the Ministry of Finance, Financial Regulatory Commission, and National Statistics Office in Mongolia, who have been trained in academic research methodologies at Saitama University, Japan, on JICA-JDS scholarships. Thus, academic researchers and policymakers will be prominent members of the target audience for this work.

This book trailblazes co-evolution approaches which have been prototyped and tried out by the authors, with global academic and practitioner backgrounds. It was devised to help humanity, people, perceived as complex adaptive systems, to self-organize, co-create, and manage complexity, by showcasing with own example, as individuals and open networks. The book bundles main components needed for facilitation in complexity, while each chapter covers conceptual solutions for specific complexity strategies, tactics, operations - projects. These solutions serve as blueprints and roadmaps, providing approaches for practitioners and researchers alike. The main features incorporated in all the approaches are transcending silos and organizational hierarchies toward a borderless collaboration between diverse stakeholders with dynamic roles and accountabilities regarding purposes, missions and solutions. The book includes suggestions for strategic, tactical and operational managerial and governance approaches for disruptive, short-term, innovative, open, large-scale engagements where rapid onboarding, situational awareness, innovation and innovation in context, and action are expected while fast facilitation, dynamic reconfiguration, and self-organization are required. It also describes how long-term sustained co-creative action needs to be facilitated, to adapt to external and internal complexity dynamics while initiating positive change. This book showcases how co-creation and co-dreaming emerge with co-evolution. Chapters 1, 2, and 11 are available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

This book is concerned with the unprecedented involvement of the French state in the industrial sector of the country's economy during the First World War. That war was a great forcing-house for change, and one of the traditional relationshps of French society which was radically altered during this period was that of the state to private industry. Professor Godfey's study is unique as far as France is concerned: it is the only full study of the workings of the French war economy from 1914 to 1918 and on the politics of businessmen.

China has used industrial policies to try to build large corporations that can challenge those based in more advanced countries. By the late 1990s the operational mechanism of China's large firms had seen large advances. Simultaneously, a revolution has taken place in global business systems, and China's large firms are even further behind the global leaders than when they began their reforms. The WTO will require China to operate rapidly on the "global playing field" in competition with the world's leading corporations, and this increased gap presents a deep challenge for China's business and political leaders. Peter Nolan presents here the first in-depth case studies of China's large corporations under economic reform, combined with systematic benchmarking of these firms against the world's leading corporations. The book is an unrivalled resource of information on Chinese businesses, and also leads the reader to consider the impact of China's response to its current challenges not only on China itself, but on the wider global economy.

This unique book examines conceptual, empirical, and practical issues associated with corporate reputation. Emphasizing the importance of the roles of corporate social disclosure and organizational effectiveness, the authors emphasize the need for an integrative framework in explaining the nature of corporate reputation. Utilizing valuable data provided by Fortune magazine, the book provides both a historical evaluation of reputational rankings of Fortune 500 firms for the period 1987-1991 and insights as to the market reaction to disclosure of these rankings. These can be utilized by firms in building reputation, investors in evaluating their strategies, and public policy officials in dealing with corporations.

Following an extensive review of the conceptual foundations of corporate reputation, namely corporate social performance and disclosure and organizational effectiveness, the authors present explanatory and predictive models of corporate reputation. They then examine the potential relationship between corporate reputation and shareholders' wealth--the market reaction to reputation signals. Their findings suggest that a firM's benefit from the disclosure of reputation signals will depend on size and expectations, and that such disclosure appears to lead to a significant, lagged market reaction. Based on a detailed analysis of the 1987-1991 performance of U.S. firms on eight key attributes of reputation, the authors conclude with insights that can be utilized by corporations and investors alike.

This book challenges the established, neoclassical view of industrial success in developing countries. By re-examining the role of government intervention in the industrialization of Brazil and South Korea, it seeks to show that the key to industrial success does not lie in a simple combination of outward-orientation and laissez-faire, but in the government's success in remedying crucial market failures in the product and factor markets.