Networks, Markets, and the Pacific Rim: Studies in Strategy

Hardcover | May 1, 1998

EditorW. Mark Fruin

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Despite the negative press Asian economies have received in connection with the recent financial crisis, their record of spectacular growth over the past few decades remains irrefutable. In an effort to provide a rich, textured analysis of these economies, editor W. Mark Fruin presents acollection of essays that explores the wide range of network organizations that have been established in the Pacific Rim. Conventional studies of economic organization have tended to center on markets and hierarchies, the two forms of organization most common in the West. But today the world moves too quickly and too unpredictably for the idealized organizations of microeconomic theory to keep up. It is noaccident that the region that has generated the world's most explosive economic growth is also the region where network organizations--sets of independent actors who cooperate frequently for mutual advantage--are most pervasive. Rapid economic, social, and technical changes favor the formation ofnetwork organizations, and vice versa. The contributors to this volume identify and elucidate four basic types of networks: naturally occurring networks, market replacing networks, hierarchy replacing networks, and market enhancing networks. They show how all of these have been shaped by the history, government, legal system, andculture of each country under consideration. These network organizations allow the authors to compare and contrast network forms in China, Japan, South Korea, Taiwan, and the United States according to features such as degrees of formalization, rule definition, and market conformance. The works collected here make an important contribution to a networks-markets- hierarchies framework that recognizes and emphasizes the diversity of organizational forms and behaviors. A unique resource for scholars and professionals in the fields of management and economics, this bookenables a complex analysis of one of the world's fastest growing and most theoretically challenging regions.

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Despite the negative press Asian economies have received in connection with the recent financial crisis, their record of spectacular growth over the past few decades remains irrefutable. In an effort to provide a rich, textured analysis of these economies, editor W. Mark Fruin presents acollection of essays that explores the wide range...

W. Mark Fruin is at San Jose State University.

other books by W. Mark Fruin

Format:HardcoverDimensions:336 pages, 9.29 × 6.3 × 1.18 inPublished:May 1, 1998Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0195117204

ISBN - 13:9780195117202

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Table of Contents

1. W. Mark Fruin: Analyzing Networks and Markets: An Introduction2. Howard E. Aldrich and Tomoaki Sakano: Unbroken Ties: Comparing Personal Business Networks Cross-Nationally3. Toshihiro Kanai: Entrepreneurial Networking Organizations: Cases, Taxonomy, and Paradoxes4. Jeffrey Broadbent and Yoshito Ishio: The "Embedded Broker" State: Social Networks and Political Organization in Japan5. Toshio Yamagishi and Midori Yamagishi: Trust and Commitment as Alternative Responses to Social Uncertainty6. You-tien Hsing: The Work of Networks in Taiwan's Export Fashion Shoe Industry7. Hiroyuki Odagiri: Education as a Source of Network, Signal, or Nepotism: Managers and Engineers During Japan's Industrial Development8. Theodore C. Bestor: Making Things Clique: Cartels, Coalitions and Institutional Structure in the Tsukiji Wholesale Seafood Market9. Gary G. Hamilton: Patterns of Asian Network Capitalism: The Cases of Taiwan and South Korea10. Paul Sheard: Japanese Corporate Boards and the Role of Bank Directors11. Jeffrey H. Dyer: To Sue or Keiretsu: A Comparison of Partnering in the United States and Japan12. W. Mark Fruin: The Visible Hand and Invisible Assets: Managed Competition and Network Organization at a Toshiba Electronics Factory13. AnnaLee Saxenian: The Limits of Autarky: Regional Networks and Industrial Adaptation in Silicon Valley and Route 12814. Michael L. Gerlach and James R. Lincoln: Structural Analysis of Japanese Economic Organizations: A Conceptual Framework