West Meets East

Richard Li-Hua
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Richard Li-Hua: SIAS International University

Chapter 6 in Competitiveness of Chinese Firms, 2014, pp 105-125 from Palgrave Macmillan

Abstract: Abstract The discussion around West Meets East—the integration of Western Management with Eastern philosophies—has gained considerable traction, and for good reason because of the globalization, political and economic changes, and shifting of powers. The world, including the USA, Europe, Russia, India, and China, has undergone significant transformations over the last 35 years. The world has changed. Unprecedented events—the start of China’s economic reform and opening up to the outside world in 1978; the collapse of the former Soviet Union in 1989; and the burst of financial bubble on Wall Street in 2008—have led people to rethink and reconsider how to secure a political and economic environment for delivering sustain-ability. The integration, inclusiveness, and collaboration has never been more relevant than in the postrecession context. The “West Meets East” paradigm possesses great significance in many aspects. The key considerations around this topic not only benefit innovation managers and entrepreneurs from China, but also those outwith China. However, the impact of the integration goes beyond enter-prise development and collaboration.

Keywords: Strategic Management; Chinese Firm; Chinese Management; Chinese Business; Western Management (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-30930-3_6

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DOI: 10.1057/9781137309303_6

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