In this book, author Min Tang examines the political economy of the China-based leading global Internet giant, Tencent. Tracing the historical context and shaping forces, the book illuminates Tencent’s emergence as a joint creation of the Chinese state and transnational financial capital. Tencent reveals interweaving axes of power on different levels, particularly interactions between the global digital industry and contemporary China. The expansion strategies Tencent has employed—horizontal and vertical integration, diversification and transnationalization—speak to the intrinsic trends of capitalist reproduction and the consistent features of the political economy of communications. The book also pinpoints two emerging and entangling trends— transnationalization and financialization—as unfolding trajectories of the global political economy. Understanding Tencent’s dynamics of growth helps to clarify the complex nature of China’s contemporary transformation and the multifaceted characteristics of its increasingly globalized Internet industry. This short and highly topical research volume is perfect for students and scholars of of global media, political economy, and Chinese business, media and communication, and society.
Investing in China: The Emerging Venture Capital Industry is a unique and invaluable guide to venture capital in China. This important new book provides a detailed profile of the current state of the venture capital backed SME sector and an authoritative look at trends and future prospects. It provides an explanation of the mechanics of the investment process, from due diligence and investment monitoring, to exit, and a unique look at M & A opportunities and rules for foreign investors. The guide includes many detailed case studies and profiles of the IT, E-commerce, bio-technology and other sectors with potential for VC investment.
This is the story of an Internet giant that most of the world has yet to find out about. Started in 1998 in the Chinese southern city of Shenzhen, Tencent is today one of the world's largest and most successful technology companies. Founded by Ma Huateng (Pony Ma) and four friends, Tencent first launched its QQ instant messaging tool that became a huge hit in China. Under Ma's leadership, Tencent has since moved into web portals, social networks (WeChat), multi-player games and e-commerce, making the company today an Internet powerhouse and China's number one brand. Ma himself was hailed by Time magazine in 2014 as one of the world's most influential people. Through unique and unprecedented access to the company and other key players, this book examines the incredible rise of Tencent, and gets inside the company's truly innovative thinking and approach to technology and business.
This book explores China’s digital discourse and how the Internet influences social and ideological changes to the country’s political economy, within China’s historical context and through a variety of social and political actors. Analysing discourses as diverse as policy papers, addresses from the Xi-Li Administration, and speeches from CEOs of the dominant Internet companies in China, as well as those of Chinese Internet Users, this book illuminates the dynamics, complexity, and structural contradictions in China’s current network technology-enabled developmental path through the lens of ideology and discourse. The book proposes a multi-dimensional model to understand Marxist ideologies under capitalism, emphasizing the relevance of alienation, commodity fetishism, and reification in contemporary discussions of ideology and discourse. This insightful study offers fresh insights into Chinese digital discourse and will be of interest to upper-level students and scholars of communication studies, digital media, sociology, political science, and Internet and technology studies.
This casebook demonstrates that the future of global business lies in how well the multinational landscape is charted and how the importance of Asian market leaders is deeply embedded in it. It offers international management students and researchers an extensive guide to the business history, strategy development, and foreign market entry modes used by emerging Asian multinationals. The cases focus on well-known companies such as Lenovo, Alibaba, Infosys, Huawei, Panasonic, and Rakuten. These companies, all of which generate huge revenues in their own countries (e.g. in China, India, South Korea, Taiwan, Vietnam), are now becoming increasingly sophisticated and striving to become global brands, while also enjoying the active support of their governments in terms of their international business. Readers will learn about the current multinational landscape in Asia, the management challenges, and the future implications for traditional western companies seeking to retain their market share. Chapters on corporate entrepreneurship, human resource management and intercultural competence, and current branding trends in Asia will provide a cutting-edge update on international business strategy for students and practitioners alike.
Chinese multinationals have grown in size and increased their global presence dramatically over the last decade. They have emerged as formidable competitors for western incumbents. These firms have instigated profound changes, such as displaced trade and investment flows, new business models, and the emergence of a new geography of global innovation. In a single volume, The Era of Chinese Multinationals captures the forces driving the disruptive growth of Chinese multinational corporations. Following a presentation of the surge of Chinese companies, the book turns to corporate characteristics of those firms and how they compare with western multinationals in terms of revenues, profits, branding, and business strategy. The book uses data and case studies to depict the relevant issues with the goal of providing insights to global executives on collaborating and competing with Chinese companies. - Covers the Chinese government's expansionist policies and Chinese firms' new role as a global acquirer of companies - Examines common characteristics of Chinese companies and their efforts to make China an innovation hub - Illustrates its analysis with case studies and interviews with corporate executives and experts in multilateral institutions
Don't risk the dire consequences of your work processes becoming obsolete-discover a powerful model for constant, ongoing, enterprise-wide process evolution and optimization. If you have a great product, but don't have the operations in place to efficiently and effectively support it-production, manufacturing, sales, finance, human resources, etc.-you won't succeed. Product innovation is seen as flashier and so gets far more attention, but you can create an enduring competitive advantage by revolutionizing business operations. The problem is most attempts to improve business operations are reactive, sporadic, and siloed. Tony Saldanha and Filippo Passerini's Dynamic Process Transformation model provides a living model for constant, ongoing process evolution and optimization. The authors focus on maximizing three drivers of change. First, open market rules-each business process must be run as a separate business, instead of via monolithic mandates coming down from on high. Second, there must be unified accountability- outcomes must be clear and consistent across the company, instead of being siloed within departments. And third, there needs to be a dynamic operating engine, a methodology to convert the constantly changing business process goals into tactical day-to-day employee actions. With numerous examples from leading companies, this book shows how to proactively keep business processes across the company from becoming obsolete and take advantage of a neglected key to success.
Financing Entrepreneurship and Innovation in Emerging Markets offers an original perspective on the links between macro data on innovation, data on micro-entrepreneurial processes and venture capital supply. The authors synthesize two disparate fields of research and thinking—innovation and entrepreneurship and economics—to illuminate how domestic companies compete and the business environment in which entrepreneurial firms operate. Its broad scope and firm linkages between processes at different levels leapfrogs research topics. For those investigating entrepreneurship and innovation in the early stages of economic development, this book demonstrates how micro and macro foundations of productivity, and hence economic growth and development, are inextricably intertwined. - Combines macro and micro perspectives on innovation processes - Reveals how economic growth and development are inextricably intertwined - Uses case studies to portray the entrepreneurial firm and its role in accelerating the speed of innovation and dissemination of new technologies - Identifies common flaws undermining public venture programs, including poor design, a lack of understanding for the entrepreneurial process and implementation problems
The book is an outstanding compilation. It is easy to use, the information is clear and well-presented, and the volume is smart and robustly crafted. . . The book is an important reference source for practitioners in international business, entrepreneurs and Asian studies. Bob Duckett, Reference Reviews The current compilation fills the need for a Who s Who in the Chinese business world. . . This is a useful reference for scholars and students in China studies and for business practitioners. Recommended. K.T. Wei, Choice As direct foreign investment, both inward and outward, continues to gather momentum, the need to understand the leaders of Chinese corporations is increasingly important. The Biographical Dictionary of New Chinese Entrepreneurs and Business Leaders is therefore a welcome addition to corporate and academic libraries. The encyclopedia provides up-to-date coverage of the major players in China s new economy. Dorothy Mays, Chinese Librarianship A long awaited reference volume! Professionally compiled and user-friendly. A must for the serious researcher. Leo-Paul Dana, Journal of Enterprising Communities Biographical information about business leaders and entrepreneurs in China is scattered in a variety of Chinese sources such as books, newspapers, journal articles, web pages, etc. and are difficult to locate, especially from outside of China. This biographical dictionary, written in English, which includes some 200 of the most important movers and shakers of the new Chinese economy since 1978, is a very useful reference tool for libraries of all types as well as for anyone who is interested in learning and understanding the growing influence of China as a new economic power in the world. Hwa-Wei Lee, formerly of the Library of Congress, and Ohio University Libraries This impressive effort by two leading scholars of Chinese business and society will quickly become a reference for all students and practitioners. Indeed, it is a ready vade mecum, filling the crying gap many experts have identified in recent years. This work will set the standard for its successors: independent in its analytical assessments, broad-spectrum in its choice of entry, far-sighted in its selections. John R. McIntyre, Georgia Institute of Technology, US The book is a must-have for any student, library, executive or entrepreneur contemplating the business environment in China. In an important society where clout is paramount and relationship is key, the book s listing of Who s Who in China is essential to success. An essential read for anyone thinking of doing business in China! J. Mark Munoz, Munoz and Associates International and author of A Salesman in Asia For anyone interested in interacting with China, whether doing business or not, it would be advantageous to know thy foe and thyself , as Sunzi (Sun Tzu) put it. And this work will definitely be conducive to your gaining an insight on contemporary China and its economic boom. It can be used as a reference tool or read as a textbook. Highly recommended for college and public libraries. Shixing Wen, Editor-in-Chief, Chinese Librarianship, Former President, Chinese American Librarians Association and Councilor, American Library Association This exhaustive resource provides comprehensive coverage of the major players in the Chinese economy since the reform era, which began in 1978. It includes 200 entries briefly summarizing each individual s life and career, with a central focus on his or her accomplishments and the key roles played in the economic development of China. The emphasis of the book is on the movers and shakers of China s new economy, highlighting notable figures from both the initial economic liberalization period and the renewed growth from the early 1990s to the present time. This invaluable dictionary is the result of collaborative efforts across the globe. Over forty scholars from the United States, mainland China and Taiwan, United Kingdom, Germany, F
This four-volume-set (CCIS 208, 209, 210, 211) constitutes the refereed proceedings of the International Symposium on Applied Economics, Business and Development, ISAEBD 2011, held in Dalian, China, in August 2011. The papers address issues related to Applied Economics, Business and Development and cover various research areas including Economics, Management, Education and its Applications.
