Chapter 15 - Conclusion: Making Sense of Enduring Trends and Emerging Patterns in Business Networks in East Asian Capitalisms

Abstract

In this chapter, we use a comparative business systems approach to analyse the contributions made to this volume. This model integrates three levels of analysis: culture and meaning, institutional order, and firm coordination. We also highlight the importance of social capital, culture, informal relationships, ‘multiplexity’, the influence of historically embedded power relations, and the role of global markets and institutions. In many instances, we argue that it does not make sense to talk about networks that are confined to a single, homogenous, nation-state-based business system. Networks cut across borders and may have global reach as well as local differences. We conclude with a summary table, which highlights the enduring trends and emerging patterns identified in each chapter. We also note the need to investigate these themes using a broader range of theoretical perspectives and methodologies than those which are currently favoured in conventional business research.