rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: The
    title: Governance Structures of Chinese Firms
    sub title: Innovation, Competitiveness, and Growth in a Dual Economy
  name:
    name part: Liao, Chun.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: xxu
    date issued: 2009
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XXVI, 206 p. 8 illus. online resource.
  abstract: China’s extraordinary economic growth is inspiring research from a wide spectrum of fields to explain the phenomenon: What are the primary drivers of China’s economic growth? Can it be sustained? Can the Chinese business model be emulated by other countries? What long-term effects will China’s economic growth have on the global economy? In this volume, Chun Liao explores these issues in the context of firms’ governance structures, arguing that China’s dual business system of state-owned enterprises and private enterprises is uniquely suited to the challenges of economic development in the twenty-first century. On the one hand, China’s state-owned enterprises are characterized by state coordination, bank financing, insulation from the stock market fluctuations, and incremental productivity-enhancing innovations, which are similar to the firms in the business systems of coordinated market economies (like Germany and Japan). On the other hand, China’s private enterprises are characterized by private (often family) ownership, hard budget constraints, profit maximization, and more risky radical innovation, which are similar to the firms in the business systems of liberal market economies (like the US and the UK). Based on the state controlling shareholding in the state sector, the boundary between the state sector business system and private sector business system is clear. This dual type system is contrasted with those in liberal market economies and those in coordinated market economies, where only one type system dominates. Drawing from empirical data and industry analysis over the past 15 years, Liao provides unparalleled access to the dynamics of the Chinese economy, including ownership structure, management design, labor-management relations, business infrastructure, capitalization (including role of banks and financial institutions, private investment, and FDI) in both the public and private sectors. In the process, she analyzes both opportunities and challenges t…
  table of contents: General Theory -- Firms’ Governance Structure in the Chinese State Sector -- Firms’ Governance Structure in the Chinese Private Sector -- Foreign Direct Investment, Technology Transfer, and Dual Convergence in the Dual-Structured Chinese Market Economy.
  note: by Chun Liao.
  subject:
    topic: Entrepreneurship
  subject:
    topic: Management
  subject:
    topic: Industrial management
  subject:
    topic: Economic policy
  subject:
    topic: Development economics
  subject:
    topic: Economic growth
  subject:
    topic: Economics
  subject:
    topic: Economic Policy
  subject:
    topic: Development Economics
  subject:
    topic: Entrepreneurship
  subject:
    topic: Innovation/Technology Management
  subject:
    topic: Economic Growth
  classification: HD87-87.55
  classification: 338.9
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: Innovation, Technology, and Knowledge Management
  identifier: 9781441900364
  identifier: http://dx.doi.org/10.1007/978-1-4419-0036-4
  record info:
    record creation date: 100301
    record change date: 20151204163423.0
    record identifier: 978-1-4419-0036-4