
Contents
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7.1 Introduction 7.1 Introduction
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7.2 Industrialization, institutional changes, and business groups in Taiwan, 1960s–2006 7.2 Industrialization, institutional changes, and business groups in Taiwan, 1960s–2006
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7.2.1 Industrialization in the 1950s–70s 7.2.1 Industrialization in the 1950s–70s
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7.2.2 Economic liberalization in the 1980s and recent development 7.2.2 Economic liberalization in the 1980s and recent development
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7.3 Data 7.3 Data
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7.4 The growth of Taiwanese business groups 7.4 The growth of Taiwanese business groups
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7.5 Strategy and structure of the group 7.5 Strategy and structure of the group
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7.5.1 Diversification strategy of the group 7.5.1 Diversification strategy of the group
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7.5.2 Internationalization of the group 7.5.2 Internationalization of the group
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7.5.3 Diversification, internationalization, and inter‐firm network structure 7.5.3 Diversification, internationalization, and inter‐firm network structure
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7.6 Composition of ownership and top management of the group 7.6 Composition of ownership and top management of the group
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7.7 Innovation capabilities of the group 7.7 Innovation capabilities of the group
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7.8 The future of Taiwanese business groups 7.8 The future of Taiwanese business groups
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References References
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7 Business Groups in Taiwan
Get accessChi‐Nien Chung, National University of Singapore
Ishtiaq P. Mahmood is Associate Professor at the NUS Business School, National University of Singapore, Singapore. His current research interests include innovation in the context of multi‐business firms and the role of institutional contexts in shaping business strategy. His research appeared in such journals as Academy of Management Journal, Management Science, Academy of Management Review, Research Policy, Organization Science, Industrial and Corporate Change, andJournal of Economic Behavior and Organization. Professor Mahmood won the Haynes Prize from the Academy of International Business for the most prominent scholar in international business under the age of 40.
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Published:02 September 2010
Cite
Abstract
This article examines the formation and evolution of the one hundred largest business groups in Taiwan from the 1970s to the 2000s. It first provides a brief description of the formation process of business groups in Taiwan. Specifically, it refers to the main arguments related to the emergence of business groups in the literature, market power, state and policy targeting, and persistent social systems. Furthermore, it investigates the strategy and structure of Taiwanese business groups. It develops indicators and studies the trends of product diversification and internationalization of the groups. In terms of group structure, it discusses inter-firm ties among affiliates within the groups and how the diversification strategy and inter-firm ties have co-evolved. The next area of discussion concerns the governance structure of the group. Finally, it considers the competitive capabilities of the group.
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