Rethinking Social Capital And Entrepreneurship In Greater China: Is Guanxi Still Important? (routled

Family networks and wider personal social relationships - guanxi - have long been held to be a significant factor making for the success of many Chinese family businesses, and guanxi is often seen as a special characteristic which shapes the nature of all business in China. This book re-examines this proposition critically, bringing together the very latest research and comparing the situation in different parts of "Greater China" - mainland China, Taiwan and Hong Kong. It considers entrepreneurship, venture capital, intergenerational succession, disputes, family businesses in different sectors of the economy, and particular family businesses. Among the book's many interesting conclusions is the observation that guanxi capitalism has evolved in different ways in the different parts of Greater China, with the particular institutional setting having a major impact. Cover -- Title -- Copyright -- Contents -- List of Figures -- List of Tables -- Notes on Contributors -- Acknowledgments -- 1 Introduction: Guanxi matters? Rethinking social capital and entrepreneurship in Greater China -- Part I Guanxi and entrepreneurship in China -- 2 The social capital for self-employment in transitional China -- 3 Guanxi-based corporate social capital and Chinese entrepreneurship -- 4 The guanxi circle phenomenon in the Chinese venture capital industry -- Part II Social capital and its transformation: Taiwan and Hong Kong