In Strategic Coupling, Henry Wai-chung Yeung examines economic development and state-firm relations in East Asia, focusing in particular on South Korea, Taiwan, and Singapore. As a result of the massive changes of the last twenty-five years, new explanations must be found for the economic success and industrial transformation in the region. State-assisted startups and incubator firms in East Asia have become major players in the manufacture of products with a global reach: Taiwan's Hon Hai Precision has assembled more than 500 million iPhones, for instance, and South Korea’s Samsung provides the iPhone’s semiconductor chips and retina displays.Drawing on extensive interviews with top executives and senior government officials, Yeung argues that since the late 1980s, many East Asian firms have outgrown their home states, and are no longer dependent on state support; as a result the developmental state has lost much of its capacity to steer and direct industrialization. We cannot read the performance of national firms as a direct outcome of state action. Yeung calls for a thorough renovation of the still-dominant view that states are the primary engine of industrial transformation. He stresses action by national firms and traces various global production networks to incorporate both firm-specific activities and the international political economy. He identifies two sets of dynamics in these national-global articulations known as strategic coupling: coevolution in the confluence of state, firm, and global production networks, and the various strategies pursued by East Asian firms to attain competitive positions in the global marketplace.
Chinese Capitalism in a Global Era examines the dynamic ways in which millions of ethinic Chinese in East and Southeast Asian economies organize their economic activities. It analyses how Chinese capitalism has changed under conditions of contemporary globalization and anticipates what the future holds for it. The book challenges the conventional notion of Chinese cpitalism as 'crony capitalism', based around kinship networks and untouched by globalization.
In Interconnected Worlds, Henry Wai-Chung Yeung offers a theory-driven analysis of electronics global production networks during the 2010s, in order to develop the idea of global production networks as an organizational innovation that connect different and yet interdependent "worlds" of production (e.g. from Silicon Valley to East Asia) and to demonstrate how GPN 2.0 can be productively applied to explain these contemporary organizational dynamics in the global electronics industry"--
A thought-provoking resource detailing why causal theory is useful in geographical enquiry and how it can be developed through mechanism-based thinking. Includes a multitude of approaches and concepts in human geography today, covering important caveats, key considerations, and a synthetic approach Details contemporary geographical thought, covering theory in Marxism, poststructuralism and post-phenomenology/posthumanism, and feminism and postcolonialism Explores relationality and relational thought in contemporary human geography, plus moving towards a relational theory for the 2020s and beyond Discusses mechanism and process in causal explanation, covering causal theory and actors, neoliberalization, and the process-mechanism distinction of neoliberalism Essential reading for academics, geographers, and scholars seeking unique perspective on an important facet of the field
Chinese Capitalism in a Global Era examines the dynamic ways in which millions of ethinic Chinese in East and Southeast Asian economies organize their economic activities. It analyses how Chinese capitalism has changed under conditions of contemporary globalization and anticipates what the future holds for it. The book challenges the conventional notion of Chinese cpitalism as 'crony capitalism', based around kinship networks and untouched by globalization.
A thought-provoking resource detailing why causal theory is useful in geographical enquiry and how it can be developed through mechanism-based thinking. Includes a multitude of approaches and concepts in human geography today, covering important caveats, key considerations, and a synthetic approach Details contemporary geographical thought, covering theory in Marxism, poststructuralism and post-phenomenology/posthumanism, and feminism and postcolonialism Explores relationality and relational thought in contemporary human geography, plus moving towards a relational theory for the 2020s and beyond Discusses mechanism and process in causal explanation, covering causal theory and actors, neoliberalization, and the process-mechanism distinction of neoliberalism Essential reading for academics, geographers, and scholars seeking unique perspective on an important facet of the field
Drawing upon extensive field research in Hong Kong and Southeast Asia, this book focuses on networks of business and personal relationships as a key means of transnational operations. The book highlights the role of Chinese business networks in facilitating the emergence of transnational corporations from an Asian newly industrialised economy - Hong Kong. It is a timely theoretical and empirical contribution to the recent debate on the nature and operations of 'bamboo networks' within the global economy and their role in the rapid economic growth and regional integration among Asia-Pacific economies.
Entrepreneurs engaging in international business face business environments that are fundamentally different from their home countries. Despite decades of entrepreneurship research, we know little about these entrepreneurs and their strategic behaviour in establishing and managing transnational operations.
In Strategic Coupling, Henry Wai-chung Yeung examines economic development and state-firm relations in East Asia, focusing in particular on South Korea, Taiwan, and Singapore. As a result of the massive changes of the last twenty-five years, new explanations must be found for the economic success and industrial transformation in the region. State-assisted startups and incubator firms in East Asia have become major players in the manufacture of products with a global reach: Taiwan's Hon Hai Precision has assembled more than 500 million iPhones, for instance, and South Korea’s Samsung provides the iPhone’s semiconductor chips and retina displays. Drawing on extensive interviews with top executives and senior government officials, Yeung argues that since the late 1980s, many East Asian firms have outgrown their home states, and are no longer dependent on state support; as a result the developmental state has lost much of its capacity to steer and direct industrialization. We cannot read the performance of national firms as a direct outcome of state action. Yeung calls for a thorough renovation of the still-dominant view that states are the primary engine of industrial transformation. He stresses action by national firms and traces various global production networks to incorporate both firm-specific activities and the international political economy. He identifies two sets of dynamics in these national-global articulations known as strategic coupling: coevolution in the confluence of state, firm, and global production networks, and the various strategies pursued by East Asian firms to attain competitive positions in the global marketplace.
The global electronics industry is one of the most innovation-driven and technology-intensive sectors in the contemporary world economy. From semiconductors to end products, complex transnational production and value-generating activities have integrated diverse macro-regions and national economies worldwide into the "interconnected worlds" of global electronics. This book argues that the current era of interconnected worlds started in the early 1990s when electronics production moved from systems dominated by lead firms in the United States, Western Europe, and Japan towards increasingly globalized and cross-macro-regional electronics manufacturing centered in East Asia. By the 2010s, this co-evolution of production network complexity transformed global electronics, through which lead firms from South Korea, Taiwan, and China integrated East Asia into the interconnected worlds of electronics production across the globe. Drawing on literature on the electronics industry, new empirical material comprising custom datasets, and extensive personal interviews, this book examines through a "network" approach the co-evolution of globalized electronics production centered in East Asia across different national economies and sub-national regions. With comprehensive analysis up to 2021, Yeung analyzes the geographical configurations ("where"), organizational strategies ("how"), and causal drivers ("why") of global production networks, setting a definitive benchmark into the dynamic transformations in global electronics and other globalized industries. The book will serve as a crucial resource for academic and policy research, offering a conceptual, empirically driven grounding in the theory of these networks that has become highly influential across the social sciences.
Globalization and supply chains have re-shaped the organization of the global economy in to global production networks. The authors provide a clear framework for understanding these developments.
Globalization and supply chains have re-shaped the organization of the global economy in to global production networks. The authors provide a clear framework for understanding these developments.
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