- Preface and Acknowledgements
- List of Figures
- List of Tables
- China: Authoritarian Capitalism
- Hong Kong: Hybrid Capitalism as Catalyst
- India: From Failed Developmental State Towards Hybrid Market Capitalism
- Indonesia: Oligarchic Capitalism
- Japan: Coordinated Capitalism Between Institutional Change and Structural Inertia
- Laos: Frontier Capitalism
- Malaysia: Personal Capitalism
- The Philippines: Inequality–Trapped Capitalism
- Singapore: Open State-Led Capitalism
- South Korea: Plutocratic State-Led Capitalism Reconfiguring
- Taiwan: Sme-Oriented Capitalism in Transition
- Thailand: Post-Developmentalist Capitalism
- Vietnam: Post-State Capitalism
- Business Groups in Asia: An Institutional Perspective
- Corporate Governance and Business Systems in Asia
- Culture and the Business Systems of Asia
- Employment Relations and Human Resource Management in Asia: Explaining Patterns in Asian Societies
- Financial Systems in Asia: Where Politics Meets Development
- MNEs in Asian Business Systems
- National R&D Systems and Technology Development in Asia
- The Co-evolution of Global Sourcing of Business Support Functions and the Economic Development of Asian Emerging Economies
- Social Capital in Asia: Its Dual Nature and Function
- The Role of the State in Asian Business Systems
- A Survey of Strategic Behaviour and Firm Performance in Asia
- Pictures of the Past: Historical Influences in Contemporary Asian Business Systems
- Beyond Production: Changing Dynamics of Asian Business Groups
- Change and Continuity in East Asian Business Systems
- Asian Business Systems: Implications and Perspectives for Comparative Business Systems and Varieties of Capitalism Research
- Asian Business Systems: Implications for Managerial Practice
Abstract and Keywords
This article presents a review of the dynamic growth of global sourcing. It explores the potential for the varieties of capitalism/business (VoC/BS) system literature to incorporate country differences involving development of human capital at a more micro level to address offshoring/outsourcing of business support functions as new levers of economic development, especially for emerging economies. The article argues that VoC/BS literature would benefit from a deeper understanding of underlying explanatory temporal mechanisms using a co-evolutionary perspective and a focus on the extent to which emerging economies can harness the global sourcing of business services as another strategic lever of their economic development. The article advances an analytical framework for framing research efforts to trace country capability development for realizing aspirations to attract the business-services outsourcing industry and proposes research themes aiming at a more nuanced understanding of how such dynamic processes unfold.
Arie Y. Lewin is Professor of Strategy and International Business at the Fuqua School of Business, Duke University, US.
Xing Zhong is a Research Associate at the Fuqua School of Business, Duke University, US.
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