comparison of business system of China and Japan
ASIAN MANAGEMENT
RESEARCH PAPER
The comparison of similarities and differences of business system of China and Japan
Ying Chen
5/26/2013
Contents
1. Introduction
2. Comparison of similarities
3. Comparison of differences
4. Conclusion
1. Introduction
This research paper will concludes the comparison of similarities and differences of business system in China and Japan.
It refers about institutional comparison and clusters and implications for varieties of capitalism and business systems theory by Michael A Witt and Gordon Redding and another one ‘s author is Zhang X & R Whitley : Changing Macro-structural Varieties of East Asian Capitalism.
In general, because China and Japan both Asian country so that this two countries has many similar aspects such as culture, food, history...in the other hand there are exists differences between them. 2.Comparison of similarities
The countries of China and Japan share numerous similarities other than their geographical proximity. They both have established extremely rich cultures and great senses of national identity.Their histories have crossed paths during several periods since both civilizations have existed for such a long times. The countries also share similar religions and value systems, which have influenced each other.
In terms of Japan’s economic culture is the idea that the firm exists to keep people employed, and that return on capital for advantage of shareholders is not a primary rationale for economic action.
A casual review of publications suggests that most of the research in the field has focused on advanced industrialized nations in the West and, to a lesser extent(e.g.Berger &Dore,1996;Orr et al,1997:Redding 1990;Whitley,1992).At the same time,it implies that many questions remain fully or partially unanswered, and the field, wild open for further exploration.Whitley’s(1999) account of the emergence of six major business-system types likewise
RESEARCH PAPER
The comparison of similarities and differences of business system of China and Japan
Ying Chen
5/26/2013
Contents
1. Introduction
2. Comparison of similarities
3. Comparison of differences
4. Conclusion
1. Introduction
This research paper will concludes the comparison of similarities and differences of business system in China and Japan.
It refers about institutional comparison and clusters and implications for varieties of capitalism and business systems theory by Michael A Witt and Gordon Redding and another one ‘s author is Zhang X & R Whitley : Changing Macro-structural Varieties of East Asian Capitalism.
In general, because China and Japan both Asian country so that this two countries has many similar aspects such as culture, food, history...in the other hand there are exists differences between them. 2.Comparison of similarities
The countries of China and Japan share numerous similarities other than their geographical proximity. They both have established extremely rich cultures and great senses of national identity.Their histories have crossed paths during several periods since both civilizations have existed for such a long times. The countries also share similar religions and value systems, which have influenced each other.
In terms of Japan’s economic culture is the idea that the firm exists to keep people employed, and that return on capital for advantage of shareholders is not a primary rationale for economic action.
A casual review of publications suggests that most of the research in the field has focused on advanced industrialized nations in the West and, to a lesser extent(e.g.Berger &Dore,1996;Orr et al,1997:Redding 1990;Whitley,1992).At the same time,it implies that many questions remain fully or partially unanswered, and the field, wild open for further exploration.Whitley’s(1999) account of the emergence of six major business-system types likewise
References: Witt, M & G Redding (2013). Asian Business Systems: Institutional Comparison, Clusters and Implications for Varieties of Capitalism and Business Systems Theory Zhang, X & R Whitley (2013). Changing Macro-structural Varieties of East Asian Capitalism Eisenstadt, S. N. Japanese Civilization. London: The University of Chicago Press, 1996. Morton, Scott W. China Its History and Culture. New York: McGraw-Hill, Gordon Redding , Michael Witt (2008).China’s Business System and its Future Trajectory