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ÔThis book gives full due to two areas which were totally under-researched in earlier work, namely how corporate evolution takes place and how it can proceed within a highly politicized as well as institutionalized environment. The Dynamics of Corporate Co-evolution is a remarkable statement of facts, a solid perspective on co-evolution Ð the way the relationships between YICT and its environments evolved together. It is an invaluable source of data on how a new container terminal became, after an initially difficult period, one of the world top-class ports largely through the initiatives of its management.Õ Ð Gustaaf De Monie University of Antwerp, Belgium ÔThere are two reasons for recommending this highly readable book. It offers a careful explanation of how interaction between investors, operating firms, local politicians and central administrators shapes the corporate governance of new Chinese multinationals and their contracts in a highly regulated infrastructure industry such as ports. Based on the outcome of the empirical study of ChinaÕs largest container terminal, the book further convincingly argues how the interaction between firms and local politicians or central administrators specifies the missing link in co-evolution theory, namely the mechanism by which firms can convert their demand for a better fitting business environment into corresponding institutional policies. In short the book offers both additional insights into the new business system in China (and suggestions for foreign firms how to better cope with such a system), and the process by which good theory gets refined.Õ Ð Barbara Krug, Erasmus University, The Netherlands ÔThe dramatic progress of many societies in recent decades has rested Ð often without full acknowledgement Ð on the hybridizing of different business systems, and secondly on the flowing together of the resulting blended organizations with their political social and cultural surroundings. This is nowhere better illustrated than in ChinaÕs Pearl River Delta where the long heritage of Hong Kong as a western trading outpost meets the longer heritage of China as a state-dominated society. In this book the co-evolution of the world's largest matrix of transport hubs is analysed in fine detail by another hybrid: that of world class exponents of both organization theory and the practical managing of complexity.Õ Ð Gordon Redding, INSEAD, France ÔThis fascinating, close range look at the co-evolution of a Chinese joint venture port operator and the dynamic political and economic environment in which it is embedded demonstrates yet again that in the right hands, theory and practice can and do inform and infuse each other. In the haystack of contemporary China books, this is a precious needle.Õ Ð Oded Shenkar, Ohio State University, US ÔThis work is an excellent example of a joint businessÐacademic collaboration on telling the story of how a major business evolved successfully with its environment Ð an environment in which most businesses have found it difficult to operate and most researchers have found it a challenge to explain. Through meticulous research, the research team explains with solid facts and strong theory how a business influenced its highly complex and ambiguous political environment through developing strategic relationships. This project is a model for conducting relevant research that the management field desperately needs. It is exemplary of engaged scholarship that merges the best of scholarship and practice. Both academics and executives will find this book a treasure of ideas.Õ Ð Anne Tsui, Arizona State University, US ÔThe Dynamics of Corporate Co-evolution provides an excellent exploration of co-evolution from the perspective of power relations within a hierarchical system. It is relevant not only to firms working within a political environment, but also useful for people working in think tanks and policy analysis. Its treatment of relationship management has universal implications.Õ Ð Huijiong Wang, The State Council, PRC Offering insights of unusual richness, this book examines one of the worldÕs most important business environments to determine the way that organizations can develop through interaction with their environments. It fills a gap in our understanding of the evolution of the Chinese business environment and throws light on the theory of co-evolution in order to inspire management practice. Written on the basis of a collaboration between a leading business manager and renowned university scholars, this groundbreaking book makes a significant contribution both to theory and practice of competitive strategy.
Global Taiwan examines the impact of globalization on the industry and economy of Taiwan since the spectacular growth of the 1990s. Drawing on hundreds of interviews with firms in Taiwan, China, the United States, Japan, Europe, and other areas, the book analyzes the strengths and weaknesses of Taiwanese firms at a time when they face new competition from powerful global leaders and new producers in China. The contributors cover topics of enormous importance for Taiwan as well as the rest of the world, including transformations in the international economy, technological advances that enabled modularization and fragmentation of the production system, contract manufacturers, regionalization, and links with Chinese industry. The book addresses such questions as: Can Taiwanese companies be maintained and expanded with the same corporate strategies and public policies as in the past? Can these strategies still work for other countries? If changes are required, what resources can be mobilized in the public and private sectors? As massive relocation of manufacturing and services moves plants and jobs to low-wage countries like China and India, what will remain at home in societies like Taiwan?
The most important issue for development centres on the debate about the centrality of knowledge, technology and innovation to the process of economic development. While this much is broadly agreed, what is at issue is the precise mechanics of overcoming economic development challenges in different contexts. At the heart of it all is about how economies at different levels deploy the unending streams of information and knowledge to developmental ends. In time, the notion of income convergence between the poorer South and the wealthy North has proved a mirage, while a new economic divide has in fact occurred within the South itself, and as well, between regions and within regions. The debate relating to latecomers is thus framed in discussions about regions and countries that arrive late to mastering industrialization in achieving economic prosperity through the use of knowledge. In other words, a new divide has emerged among the latecomers themselves, and with it, greater conceptual complexity in the ways of our understanding of the divergent ways of economic development. We have thus separated "fast followers" and new "late comers". This book enters this debate acutely aware of the complexity of this process. The authors argue that economic development is largely driven by innovation, concentrating on the dynamics of process, product and organizational changes and how they are embedded within specific and varied contextual institutions.
. . . in my opinion. . . readers. . . should find in this book both several remarkable insights concerning basic statements of evolutionary theorising and concrete results that can be acquired by applying such basic statements in computer simulation models and in various fields of analysis. Mauro Lombardi, The Journal of Artificial Societies and Social Simulation Complexity theory first emerged three decades or so ago, but only recently has its potential relevance for the study of social and economic phenomena really begun to be recognised. This timely collection of essays clearly demonstrates, both conceptually and empirically, how complexity theory ideas can provide considerable insight into how socio-economic systems cities, societies, industries, technologies and economies evolve and adapt over time. It is essential reading for anyone interested in how order and evolution emerge out of the seemingly chaotic socio-economic world around us. Ron Martin, University of Cambridge, UK I read Complexity and Co-Evolution with real pleasure. These authors have done the near impossible they have made the concepts of a new and evolving science accessible to people who can apply it in practical ways. The clarity of writing reflects the sort of confidence only the truly informed can muster, for they need no jargon to cover confusions. Their mastery allows them to present the essentials in simple, unadorned forms and through genuinely illustrative examples. Any manager or director trying to navigate dynamic markets can use this book to learn new ways of thinking, explore new possibilities, and study historical experiences. Robert Artigiani, United States Naval Academy Current thinking about evolutionary dynamics increasingly relies on co-evolution, and co-evolution increasingly implies complex dynamics of one sort or another. This volume brings together a capable and well-balanced group of thinkers on these topics who explore these deeply related concepts with up-to-date and advanced tools and concepts. For anyone wishing to learn about the latest developments in these rapidly developing areas, this book is highly recommended. J. Barkley Rosser Jr., James Madison University, US This book applies ideas and methods from the complexity perspective to key concerns in the social sciences, exploring co-evolutionary processes that have not yet been addressed in the technical or popular literature on complexity. Authorities in a variety of fields including evolutionary economics, innovation and regeneration studies, urban modelling and history re-evaluate their disciplines within this framework. The book explores the complex dynamic processes that give rise to socio-economic change over space and time, with reference to empirical cases including the emergence of knowledge-intensive industries and decline of mature regions, the operation of innovative networks and the evolution of localities and cities. Sustainability is a persistent theme and the practicability of intervention is examined in the light of these perspectives. Specialists in disciplines that include economics, evolutionary theory, innovation, industrial manufacturing, technology change, and archaeology will find much to interest them in this book. In addition, the strong interdisciplinary emphasis of the book will attract a non-specialist audience interested in keeping abreast of current theoretical and methodological approaches through evidence-based and practical examples.
WINNER OF THE GEORGE R. TERRY ACADEMY OF MANAGEMENT BOOK AWARD 2009 "This superb study of a Brazilian state company's transition to private ownership is marvellously comprehensive in its coverage of the firm's entire life span and the full spectrum of its interactions with all aspects of its environment. The outstanding quality of this volume's contribution to co-evolutionary thinking and institutional and political theory has invaluable implications for culture, politics, identity, learning, and adaptation, making it an absolute 'must read' for all organization, management and strategy scholars." —Christine Oliver, Professor and Henry J. Knowles Chair in Organizational Strategy, Schulich School of Business, York University "This book by Suzanna B. Rodrigues and John Child is destined to become a classic study for several reasons. It is an exemplary study of co-evolutionary case study research, it is one of a very few longitudinal studies that focus on the interdependencies between firm evolution and the macro political and institutional environment and it provides a comprehensive and integrated state of the art framiing of current co-evolutionary theories and empirical research, It is a must read for scholars in Organization Science." —Arei Y. Lewin, Duke University, Fuqua School of Business, Durham NC "Corporate Co-evolution is a valuable contribution to the small but precious collection of studies of long-term change in business organizations. Tracking the evolution of a telecommunications company in Brazil over a 27 year period, Rodrigues and Child perform a delicate balancing act, according equal attention to the constraining/empowering effects of a changing institutional environment and to the strategic decisions and actions of the company's leaders." —W. Richard Scott, Stanford University Corporate Co-Evolution is a work of major scholarship that develops broad macro-economic principles of corporate strategy by examining and analyzing the history and growth of Telemig, a major Brazilian telecommunications company. Analyzes the different domains of the corporate environment - economic, social, cultural and political - that impact on the evolution of companies Traces the multi-level changes in a major Brazilian telecommunications company, uncovering the dynamics of change over the course of 30 years Develops a broader contextual and historical perspective that enriches our understanding of today’s international corporate environment Includes a general introduction to the complex political factors in the corporate environment that impact the growth of companies Co-authored by internationally-renowned author and business consultant, John Child
This book proposes a new way to approach comparative international development by focusing on time and timing in economic and social development. The UK industrialized over two centuries, and then started to de-industrialize in the late 1960s. Today, the most rapid developers experience aspects of industrialization and de-industrialization simultaneously. It is no longer clear that industrialization offers the path of growth it once did; industrialization has become 'thin.' Demographic and social challenges that earlier developers faced sequentially now come at the same time. Rapid growers experience compression most acutely, but the spatial and temporal fusing of past and present is widespread, affecting high-, middle-, and lower-income countries alike. Timing refers to the differences in historical periods in which development takes place. The geopolitical, institutional and technological environment for countries recently integrated into the global economy has been vastly different from that of the preceding postwar decades of 'embedded liberalism,' although it does contain echoes of the 'first globalization' and 'first financialization' a century ago. The first era of liberalism did not end well, and the second is similarly foundering on the rocks of nationalism and protectionism, as it is being battered by a global pandemic. The authors propose an interdisciplinary conceptual framework based on co-evolving state-market and organization-technology dyads, which will help readers make sense of contemporary development across multiple societies, sectors and geographies, and provide a template for historical comparison.
Information Technology has become a key factor in industry and society in the post-war world and continues to evolve, re-shaping the local and global economy and reorienting comparative and competitive advantages. This book brings together a series of country-based studies that chart the growth and effectiveness of information technology policy.
This book investigates the process and mechanism of the capability development of East Asian local manufacturers, which has underpinned their phenomenal rise in the world's competitive landscape of industrial production during the last few decades.
The global economic system is experiencing a profound period of rapid change. The emergence of globalised production and distribution systems, which bring together diverse constellations of economic actors through a complex regime of global corporate governance, state regulation and new international divisions of labour, demands corresponding and innovative explanatory models. Global value chains (GVCs) and global production networks (GPNs) have been particularly useful as conceptual frameworks for understanding the global market engagement of firms, regions and nations. This book examines the rise of GVCs and GPNs as dominant features of the international political economy. It brings together leading thinkers in the field and sets out new directions for future scholarship in understanding the contemporary global economic system. In doing so, this book makes a significant contribution to our understanding of the international political economy and the global economic system in the post-Washington Consensus era of contemporary capitalism. This book was published as a special issue of the Review of International Political Economy.