Suchergebnisse

Yeung reviews THE CHANGING FACE OF MULTINATIONALS IN SOUTHEAST ASIA by Tim G. Andrews, Nartnalin Chompusri, and Brian J. Baldwin.

'Chinese Business in South-East Asia: Contesting Cultural Explanations, Researching Entrepreneurship' edited by Edmund Terence Gomez and Hsin-Huang Hsiao is reviewed.

Globalization tendencies are transforming the nature & organization of business systems. This is particularly the case in the Asia-Pacific region where business systems are socially & institutionally embedded. In this article, I argue that the dialectical tendencies of globalization towards homogenization & differentiation have differential impacts on the configurations & dynamics of Asian business systems & their constituents. While these business systems tend to be relatively enduring over time because of their historical legacies & institutional embeddedness, major business firms emerging from these national business systems may be much more susceptible to changes brought about by globalization tendencies. This is because actors & elites in Asian economies are increasingly enrolled into global actor networks, which in turn reshape how these Asian actors conceive & operate their business firms &/or political-economic networks. It is possible that globalization has only limited effects on Asian business systems at the structural level but significant transformational impact on Asian business firms at the level of key actors. I show how the two-way enrollment of global actors into/from Asian business systems can contribute to significant transformations in the dominant forms & organization of these business systems. 168 References. Adapted from the source document.

The dynamic growth of many Southeast Asian countries in recent years has created a centrifugal force prompting the internationalization of established ethnic Chinese business firms in these countries. This paper aims to examine the strategies and processes of this internationalization and to assess the firms' competitive advantage in the regional and global economies. It argues that the internationalization of ethnic Chinese business firms from Southeast Asia can be explained by their firm‐specific strategies and the changing geographical contexts in which they are embedded and their strategies are implemented. First, these firms face increasing competition at a global scale and are compelled to engage in transnational operations as a strategy to sustain growth and expansion. Second, changing institutional contexts in home and host countries provide another key impetus to their transnational drive. While they begin to realize the limits to growth in their home countries because of growing foreign competition and ethnicity‐based economic policies, these Chinese business firms are more sensitive to growth opportunities elsewhere in the Asia Pacific region and beyond. As such, a comprehensive explanation of their transnational activities needs to examine both the changing configurations of operating contexts and their strategies of global competition. To support its main claims, the paper presents some detailed case studies of ethnic Chinese‐controlled transnational corporations based in Southeast Asia.La croissance dynamique de nombreux pays de l'Asie du sud‐est ces dernières années a créé une force centrifuge qui incite dans ces pays l'internationalisation des compagnies commerciales ethniques chinoises bien établies. Le but de cet article est d'examiner les stratégies et les processus de cette internationalisation et d'établir quel est l'avantage compétitif de ces compagnies dans les économies régionales et globales. Il soutient que l'internationalisation des compagnies commerciales ethniques chinoises de l'Asie du sud‐est peut s'expliquer par des strate ??gies qui leur sont spécifiques et par le contexte géographique changeant dans lequel elles se trouvent et dans lequel leurs stratégies sont exécutées. Premièrement, ces compagnies sont confrontées à une compétition grand‐issante au niveau global et sont obligées d'opérer au niveau trans‐national afin de maintenir leur croissance et leur expansion. Deuxièmement, les contextes institutionnels changeants dans leur pays et à l'e ??tranger donnent une impulsion vitale à leur offensives internationales. Alors qu'elles commencent à se rendre compte des limites de la croissance dans leurs propres pays causées par la compétition étrangère grandissante et la politique économique basée sur l'ethnie, ces compagnies commerciales chinoises sont plus sensibles aux opportunités de développement ailleurs dans la région asiatique du Pacifique et au‐delà. Une explication compréhensive de leurs activités trans‐nationales demande que l'on examine les configurations changeantes des contextes d'opération et les stratégies de compétition au niveau global. Cet article présente des cas d'étude détaillés de corporations trans‐nationales contrôle ??es par des ethnies chinoises dans les sud‐est de l'Asie.