Politics and Markets: Dual Transformations

Parish, William L.; Michelson, Ethan

doi:10.1086/230788

Cited by 169 publications

(106 citation statements)

References 41 publications

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“…Often this starts as part-time job, notably for academics seeking to better their income through consultancy (Webster andCharap 1993, Kirby et al 1996). C Former cadres frequently become entrepreneurs especially in Russia, capitalizing on their control over key resources, including physical and financial assets, and most importantly network connections to the bureaucracy (Rona-Tas 1994, Parish and Michelson 1996). C Individuals who were left at the bottom of society after losing their previous position may survive as street trader, and gradually upgrade to bazaar trader, and to shop ownermanagers.…”

Section: The Growth Of Entrepreneurial Start-upsmentioning

confidence: 99%

International Business Research on Transition Economies

Meyer¹

2001

Oxford Handbook of International Business

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Focuses on challenges faced by businesses in the transition context, drawing on research beyond the main business journals. First, the microeconomic aspects of economic transition are summarized, taking the development of new institutions as starting points as they set the stage for developments in the enterprise sphere. Next, multinational enterprises entering the region are discussed, considering their motives, and their strategies for dealing with the specific context. Lastly, some managerial challenges are addressed that arise for multinational enterprises operating in the region.

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Section: The Growth Of Entrepreneurial Start-upsmentioning

confidence: 99%

International Business Research on Transition Economies

Meyer¹

2001

Oxford Handbook of International Business

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“…A defining feature of the politicized forms of capitalism is the persistent overlap of political and economic markets and the lack of a clearly defined boundary between the state and the firm (Lin 1995;Walder 1995Walder , 2003Parish and Michelson 1996). Institutions and cultural beliefs associated with rational capitalism have been long established in the West (Merton 1940;Meyer and Rowan 1977;Weber [1927Weber [ ] 1981Weber [ , [1904Weber [ ] 2001Williamson 1985).…”

Section: Institutional Change and The Rise Of Rational Capitalismmentioning

confidence: 99%

The Entrepreneur's Network and Firm Performance

Νεε

DellaPosta

2017

SocScience

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Diverse organizational forms coexist in China's market economy, adapting and evolving in intensely competitive production markets. We examine the networks of founding chief executive officers of private manufacturing firms in seven cities of the Yangzi River Delta region in China. Through sequence analysis of ties that entrepreneurs relied on for help in the founding and critical events of their businesses, we identify three discrete forms of network governance: traditional kin-based, hybrid nonkin, and rational capitalist. We find that in traditional kin-based network governance, structural holes are linked to higher returns on assets and returns on equity. By contrast, in the rational capitalist form, structural holes and higher firm performance are not linked. We thus show that the content of the tie matters critically in the relationship between structural holes and firm performance.

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“…Market transition theory has stimulated a lively, still ongoing debate about the social consequences of economic transformation in former communist societies (e.g., Bian and Logan 1996;Cao and Nee 2000;Gerber and Hout 1998;Hauser and Xie 2005;Nee 1991Nee , 1996Nee and Cao 2005;Nee and Matthews 1996;Parish and Michelson 1996;Szelényi and Kostello 1996;Walder 1995Walder , 1996Walder , 2002Walder and Nguyen 2008;Walder and Zhao 2006;Wu and Xie 2003;Xie and Hannum 1996;Zhou 2000). Central to the debate is the validity of the theory, and scholars have tested market transition theory by using empirical evidence from various periods and geographic regions.…”

Section: Market Transition and Housing Inequalitymentioning

confidence: 99%

Market Transition Theory Revisited: Changing Regimes of Housing Inequality in China, 1988-2002

Song¹,

Xie²

2014

SocScience

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This paper revisits the market transition theory of Nee (1989), using housing as an alternative to income as a measure of socioeconomic attainment. We argue that housing space is a better outcome variable by which to evaluate Nee's market transition theory because it is a more consistent measure of socioeconomic success than income before and after the economic reform. Using three waves of a national household survey in 1988, 1995, and 2002, we compare temporal changes in the role of market and redistributive determinants for income and housing space. In support of a weak form of the theory, our results show that market determinants replaced redistributive determinants over time as the most significant predictors of housing space. In contrast, parallel analyses of income show mixed results for market and redistributive determinants.

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Politics and Markets: Dual Transformations

Cited by 169 publications

References 41 publications

International Business Research on Transition Economies

International Business Research on Transition Economies

The Entrepreneur's Network and Firm Performance

Market Transition Theory Revisited: Changing Regimes of Housing Inequality in China, 1988-2002

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