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Guanxi and business environment in china: an innovative network as a process of knowledge-based economy

Author

Listed:
  • Francis MUNIER

    (RRI)

Abstract

Guanxi is a specific part of Chinese business environment. Since the openness of China, it seems that a contradiction appears between the constraints of corporate governance and the cultural and traditional behaviour in business. Most of west analyses consider that Guanxi is only a form of corruption and therefore it should be fight it out. The originality of our work is to frame these questions in the context of recent concepts such as communities of practice and epistemic communities. Based on these concepts, we consider that the firm can be analysed from a dual perspective: cognitive and organisational. The first one belongs to the guanxi logic and the second one to the corporate governance. According to these framework, we point out the fact that guanxi provides an innovative network in order to diffuse and enhance knowledge.

Suggested Citation

  • Francis MUNIER, 2008. "Guanxi and business environment in china: an innovative network as a process of knowledge-based economy," Working Papers 2, Réseau de Recherche sur l’Innovation. / Research Network on Innovation.
    • Handle: RePEc:rii:rridoc:2
    as

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    References listed on IDEAS

    as
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    3. Mathias Dewatripont & Jean Tirole, 1994. "A Theory of Debt and Equity: Diversity of Securities and Manager-Shareholder Congruence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(4), pages 1027-1054.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Guanxi; corporate governance; communities; knowledge; network;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies

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