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1、FamilySystemversusEconomicSystem:ChineseFamilyBusinessNetworksinTaiwanWenyiChuAssociateProfessorNationalTaiwanUniversity85,Lane144,KeelungRoad,Sec.4Taipei,TaiwanPhone:(+886)22363-0231Fax:(+886)22364-5141E-mail:wenyichu@mba.ntu.edu.twFamilySystemversusEconomicSystem:ChineseFamilyBusine
2、ssNetworksinTaiwanABSTRACTAnimportantorganizationalfeatureofChinesefamilyfirmsisthattheyareorganizedthroughanetworkofsmallandmedium-sizedfirmsinter-linkedtooneanotherthroughtiesofkinshipandpersonalrelationships.Basedontheconceptofinstitutionaloverlaps,thisresearcharguesthatthemanageme
3、ntofChinesefamilybusinessnetworksinTaiwanissimultaneouslyinfluencedbytwodifferentfactors:family/interpersonalfactors,andeconomic/strategicfactors.Byusingdatacollectedfrom122affiliatedcompaniesoftwenty-eightfamilybusinessnetworksinTaiwan,thisresearchfoundthattheinternalorganizationsoff
4、amilybusinessnetworksareinfluencedbothbyfamilybusinessconsiderationsandeconomicefficiencyconsiderations,buttheinfluenceofeconomicfactorsismoresignificant.ThisresearchshowsthatalthoughTaiwanesefamilybusinessnetworkshavenotcompletedthetransformationfromentrepreneurialcontroltoprofession
5、almanagement,mostfamilybusinessnetworkshaveadoptedaninternalorganizationthatfollowssomebasiceconomicrationalesproposedintheWesternliterature.1FamilySystemversusEconomicSystem:ChineseFamilyBusinessNetworksinTaiwanIntroductionInrecentdecadesthemostimportantinnovationsinbusinessmanagemen
6、tareemerginginthefast-growingregionoftheworld–theSoutheastAsia.Inthisregion,mosteconomiesaredominatedbyoverseasChinesefamilybusinesses(Seagrave,1995;WeidenbaumandHughes,1996),especiallyinthethreeoverseasChineseeconomies:Taiwan,HongKong,andSingapore.OverseasChinesefamilybusinesseshaveg
7、ainedawidereputationforcostefficiency,responsiveness,flexibility,andglobalcompetitiveness(Carney,1998).TheirsignificanteconomicperformancehasalsosetsoffanemerginglineofstudiesontheinstitutionalandeconomicstructureofEastAsiancapitalismaswellastheorganizationalcharacteristicsofChinesefa
8、milyf