This book criticizes the widespread view that the 1997 Asian crisis was due to 'crony capitalism' and puts the blame instead on misguided liberalization. It analyzes the case of Korea's business conglomerates, the chaebol, with particular attention to the car industry, to show how liberalization contributed to the crisis even at the level of the firm. It shows how those firms that had developed innovative capabilities survived the crisis much better than those that had merely expanded into markets opened up by liberalization. MARKET 1: Lecturers, Researchers, Libraries, etc. in Universities and Business and Management Schools, especially in International Business and Asian Management; Practitioners interested in doing business with East Asia MARKET 2: Supplementary reading on postgraduate courses in International Business and East Asia Studies

MOSHOOD ADEMOLA FAYEMIWO was a newspaper publisher/editor in Nigeria where he grew up but now lives in Chicago. An alumnus of University of Lagos, Nigeria, University of South Florida, and State University of New York, he is author of Who's Who of Africans in America and four published books.. His next book is; Jonathan; The Squandering of Good Luck. MARGIE MARIE NEAL is former university professor, education consultant, and reading coach in Chicago. An alumna of State University of New York, Chicago State University, American College of Education, and University of Illinois at Urbana-Champaign. She is co-author, People Power in Africa: A Week That Changed Nigeria Forever," and author of; "The Roles of Professional Organizations in the Effective Teaching of Reading in Chicago Public School-CPS: The IRA and IRC as Case Studies," (forthcoming). Praise For ALIKO MOHAMMAD ADNGOTE THE BIOGRAPHY OF THE RICHEST BLACK PERSON IN THE WORLD "A highly recommended book to anyone who enjoys learning about how different people of all walks of life become rich and successful, and what it takes to get to the top"---Readers Favorite Book (Starred Review), USA. "A compelling book about a unique personality in Africa"---Goodreads, USA. "Flawlessly written, Dangote stands out as a hallmark of excellent artisanship and knowledgeable chronicling"--- Bookplex Review of Books, Mumbai, India. "Nigerian Aliko Dangote, the richest black person in the world, is a witness to the fact that success as a passionate entrepreneur is not limited by race, ethnicity or national origin"---Congressman Jesse L. Jackson, Jr.-(D - IL), 2nd Congressional District, U.S. House of Representatives, Washington, DC, USA. In a land lacking a culture of independent biography, this is a starting point, and Dangote is a promising introduction to the fascinating and still largely unmapped universe of one of the world's richest men."---The Huffington Post, USA. "Dangote has trumped long held assumptions, cultural archetypes and stereotypes, to become known as a respected business man, power broker and philanthropist"---Hon Gloria Hyatt, Member of the British Empire (MBE), motivational speaker, education, coach and managing director, Teach Consultancy Limited, UK. "This is a timely book on Aliko Dangote and the positive changes that are taking place in Africa,"---Prof. Vijay Mahajan, The John Harbin Centennial Chair of Business, McCombs School of Business, University of Texas, Austin USA. Publisher's website: http: //sbpra.com/MoshoodAdemolaFayemiwoandMargieMarieNeal

Financial analysis, modellng, simulation and knowledge engineering have become essential to the survival of every enterprise. This thorough and comprehensive book looks at the development and use of financial models for analysis and decision-making, showing the reader how to apply these methods in his or her own work.

This book explores how China's industrial transformation and development depend on technology and innovation and how considerations about issues associated with technology and innovation may affect China's development strategies. Market-oriented reforms initiated four decades ago have constantly fueled a high speed of development in China. The country's industrial structure has experienced rapid evolution. In the meantime, especially in the general context of globalization, the country has also opened to foreign trade and foreign direct investment, transforming itself from a virtually completely closed economy into a major trading nation and the largest developing country destination for foreign direct investment in the world. Technology is thought to be one of the key driving forces that shape the transformation of the Chinese economy. Owing to different speeds of innovation and technology diffusion, uneven development is one major issue in the process of China's industrial transformation under new trends of globalization. Substantial disparities across different Chinese regions, e.g., the gaps in regional industrial development and those in incomes and living standards, have been one prominent feature of China and are (needless to say) closely related to different speeds of innovation and technology diffusion. The relationship between technology diffusion, innovation, and industrial development is an important yet complicated issue that deserves careful study. Considerations related to technology and innovation play a crucial role in leading and shaping China's development strategies and routes. Sustainable development of China creates strong pressures for continuous transforming, upgrading, and restructuring of the Chinese economy, and in all of these processes, innovation and technology diffusion play a fundamental role. The book presents to the interested reader facts, thoughts, models, empirical results, and discussions that shed light on those issues.

This book explains why international negotiations have not produced a sustainable solution to tropical rainforest degradation. Using an innovative, critical approach to international regimes, the author analyzes the structure and operation of the International Tropical Timber Organization (ITTO). He shows how the timber industry and producing- and consuming-country governments created a blocking alliance that favored developmentalist interests and ideas. The ITTO bolstered this alliance by permitting environmentalists merely to voice, but not negotiate, their concerns.

The current trend towards globalization is posing a substantial challenge to SME clusters to restructure and reach out to distant markets and knowledge sources, while at the same time exploiting the advantages of local factors and agglomeration. This book represents a first attempt to analyze these issues in detail, employing novel empirical evidence. The authors focus on Small and Medium-sized Enterprises (SMEs) in Italy and Taiwan, two countries in which these businesses characterize the national industrial structure. They find that in the current climate of globalization, there is no best practice model for organizing an industrial cluster since a diversity of successful institutional arrangements is possible. They demonstrate that over time SME clusters can evolve and that globalization can reshape their upgrading options by providing a variety of international knowledge linkages. Thus, the authors conclude that the development of local and global networks and new interactive modes of knowledge creation, which have co-evolved as a result of globalization, have provided the necessary conditions for competitive survival. Taking a multidisciplinary approach, the authors utilize a number of analytical tools to evaluate their survey data and present an original comparison between the experiences of two countries that are facing the challenges of globalization, often with differing strategies. This book will be of great interest to industrial and international economists, policymakers, and corporate and SME managers.

Competition is present for almost every sector nowadays. Therefore, it is vital for companies to develop a set of strategies in order to survive in the competitive environment of a globalized world. This book discusses how and why not every strategy is appropriate for every sector. The volume offers a qualified and comprehensive analysis to determine effective competitive strategies taking into account the many different factors that affect company performance.

This book deals with the estimation of travel time in a very comprehensive and exhaustive way. Travel time information is and will continue to be one key indicator of the quality of service of a road network and a highly valued knowledge for drivers. Moreover, travel times are key inputs for comprehensive traffic management systems. All the above-mentioned aspects are covered in this book. The first chapters expound on the different types of travel time information that traffic management centers work with, their estimation, their utility and their dissemination. They also remark those aspects in which this information should be improved, especially considering future cooperative driving environments.Next, the book introduces and validates two new methodologies designed to improve current travel time information systems, which additionally have a high degree of applicability: since they use data from widely disseminated sources, they could be immediately implemented by many administrations without the need for large investments. Finally, travel times are addressed in the context of dynamic traffic management systems. The evolution of these systems in parallel with technological and communication advancements is thoroughly discussed. Special attention is paid to data analytics and models, including data-driven approaches, aimed at understanding and predicting travel patterns in urban scenarios. Additionally, the role of dynamic origin-to-destination matrices in these schemes is analyzed in detail.

The book discusses legal, ethical, economic and trade aspects of the Pandemic as it affects air transport. It commences with the chronology of the virus spread and examines the various facets of human existential perspectives affected by the pandemic. Following this background is an evaluation of the effect on trade and economics, as well as the legal and regulatory structure concerning communicable diseases applicable to air transport. There is also a detailed discussion on legal liabilities and responsibilities of the State, airlines, airports and public both collectively and individually in coping with the pandemic against the backdrop of public health and the law. The Conclusion contains various recommendations on proactive measures that could be taken to ensure the establishment of a credible and effective legal and regulatory system to combat future pandemics.

The 6th volume of Advances in Chinese Industrial Services, focuses on "The Managerial Process and Impact of Foreign Investment in Greater China"

This study focuses in detail on the environmental compliance/competitiveness relationship with respect to the regulation of packaging waste. An important and innovative feature of the study is its emphasis on backward and forward linkages. An entire supply chain is considered: packaging manufacturers and suppliers, food processors and the food retail sector, to study the competitive effects of environmental standards on manufacturing companies and the vertical links and supply responses. A variety of regulatory regimes is represented by including within the study companies from Germany, Italy, the Republic of Ireland and the United Kingdom. While it is of note that the relatively strong regulation in Germany has indeed had effects on company behaviour, there is no evidence that environmental regulations hindered companies from achieving competitive performance.Analyses consider: the response of individual firms to different levels of regulation; the cost of compliance; impact on employment; the influence of the supply chain on environmental and competitive performance; the importance of firm size and ownership; and the impact of regulation on competitiveness, and firm competitiveness on the efficiency of adjustment to regulation.

This volume addresses the rapid growth of China's cultural industry and its significant cultural and economic impact on the country. It considers what exactly constitutes the cultural industry, defining the basis for discussions on issues as the internal tensions constraining China's cultural industry development. It examines the place of culture and cultural industry in relation to China's overall development, and what kinds of strategies, policies and concrete measures are most effective in promoting the industry's growth, exploring the role of Government in Cultural Industrial Development.

This book explains the strategic behaviors of platform firms on the global market, drawing on extensive research on the mobile communication systems, semiconductor equipment, personal computer, and automobile electronics industries. The book focuses on Ericsson, Applied Materials, Intel, and Bosch as representative global platform companies. The book's introductory section reports on the rise of platform business and addresses the theoretical basis of their competitive edge, based on a review of prior studies on the network effect of open standards and the economic theory of strategic behavior. The platform business obviously secures a competitive advantage on the global market. Yet this theory alone does not provide sufficient explanation for why the platform business achieves competitiveness on the market. The book proposes a theoretical framework and provides rigorous supporting evidence by using case studies and empirical analysis on the global business of platform firms. This evidence reflects the variety of global ecosystems: the mobile communications system in China, the semiconductor equipment industry in East Asia, personal computers in Taiwan, and automobile electronics in China. In conclusion, the book reviews these studies and identifies the key factors of platform strategy on the global market. Given its breadth of coverage, the book will benefit all academic researchers and undergraduate students in management and economics with an interest in global competition and collaboration in the open economy.

This book examines cross-chain control centers (4C), an ambitious concept in supply chain management and logistics that is intended to foster collaboration between different supply chains to increase efficiency. It provides an overview of the main results, insights, and other developments in the academic field of horizontal collaboration. Furthermore, it gives recommendations to governments, commercial companies, and academia on how to proceed with horizontal logistics collaboration in the years to come. To link research with practice, the book takes the Dutch project on cross-chain collaboration centers (4Cs) and identifies a typology of existing patterns for horizontal collaboration in supply chains. Finally, the book zooms in on the Netherlands as a case-study of intense public-private partnerships to develop 4C as a mature logistics value proposition. It provides an overview of the accomplishments in the government supported 4C projects and offers a critical reflection of why some more ambitious and structural solutions have not found solid ground yet. The book is of value to researchers and professionals in the supply chain domain.

This book is selection of author's articles about China's reform and development. The earliest article of the anthology was written in 1986 and the latest in 2017. The author studies the changes in property rights and system based on the practical experience of China's reform. In the first article "Economics in the Real World", the author expounds on Coasean Economics' Research Method which is "neither fashionable nor popular" and finds out problems from the fascinating real world. It focuses on researching the constraint conditions and strives to have cognition generalized. Guided by this methodology, all the following articles are about empirical research on China's reform, involving such fields as farmland reform, reform of state-owned enterprises, medical reform, urban-rural relationship, monetary system and regulatory reform. In the concluding article "Institutional Cost and China's Economy", the author, gives a new interpretation for the economic logic of the high-speed growth and transformation of China's economy by redefining concepts. Reading the anthology, readers may not only follow the author's train of thought to have an overview of the surging and magnificent reform course from small clues to the evident, but also have a broader train of thought on studying and comprehending the practical problems of China.

A fascinating look at the rich history of business in 'the first modern industrial district'. Essential reading for anyone interested in the history of the Manchester area.

The recent advancement of industrial computerization has significantly helped in resolving the challenges associated with the conventional industrial systems. The industry 4.0 quality standards demand smart and intelligent solutions to revolutionize the industrial applications. Despite, a wide range of available industrial solutions, still the precision, accuracy and speed are a matter of interest to scientists to device novel solutions. In addition, the IoT technologies, though, have gained an inspiration in industrial applications, yet, the time and resource complexity of industrial sensors require intelligent management and monitoring of sensors' data. The integration of machine intelligence and IoT technologies can greatly help in devising cutting edge solutions to very recent issues of industrial applications. Machine intelligence is the most appropriate set of techniques for constructing prediction models due to its capability in handling large-scale and complex datasets. Machine intelligent solution can effectively help the industrial stakeholders in automatic detection of faults, early prediction of errors and risks, tracking industrial shipments through intelligent sensors, health industry risk mitigation employing IoT and machine intelligence, disaster management, and many more. The objectives include: Assessment of limitations of industrial systems, challenges and solutions; Empowerment of industrial systems with machine intelligence to mitigate the risks; Smart safety measures towards industrial systems; and Presentation of recent intelligent systems for a wide range of industrials applications.

Innovation is a major contributory factor to economic growth. How can it be encouraged? One solution favoured especially in highly-competitive high-tech industries is cooperation in research and development. The theoretical issues raised by these joint ventures are examined in these essays which cover all aspects for growth, technology, competition and welfare. Contributions from the UK, Europe, North America and Asia ensure a broad international approach. There is an indepth study of European technology policy.

In the past few years, a considerable number of immigrants have established their own businesses. In doing so, they have contributed in many ways to the economic development of American and European metropolitan areas. Some businesses have been incorporated into the mainstream, while others have stayed on the economic fringes and got engaged in the informal economy. The starting point of this book is that a proper understanding of these businesses is served by focusing on the embeddedness of immigrant businesses in their economic, politico institutional and social environments from a multi disciplinary perspective rather than confining the attention to ethnic cultural or economic sociological aspects only.