Is there a Spirit of Overseas Chinese Capitalism?

Swee Hoon Chuah (First Author), Bala Ramasamy (Participant Author), Jonathan H. W. Tan (Participant Author), Robert Hoffmann (Participant Author)

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Abstract

The economic miracle of the Chinese Diaspora in Southeast Asia has been attributed to their unique economic culture forged from Confucian thought and the emigration experience. However, this Spirit of Overseas Chinese Capitalism (SOCC) hypothesis, based largely on qualitative research, has not been validated through quantitative work. This paper provides, for the first time, empirical evidence from a values survey and experiment which show that only some of the hypothesised SOCC values and behaviours differentiate the Chinese from less economically successful ethnic groups in Malaysia. While we find no evidence that Confucian values explain the success of the Overseas Chinese we do find it may lie in their (a) more conductive work values and (b) greater intra-ethnic cooperativeness, both accentuated by the emigration experience. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/).
Original languageEnglish
Pages (from-to)1095-1118
JournalSmall Business Economics
Volume47
Issue number4
DOIs
Publication statusPublished - 2016

Corresponding author email

robert.hoffmann@rmit.edu.au

Project name

British Academy's Committee for South-East Asian Studies

Project sponsor

其他

Project No.

RL2102

Keywords

  • BUSINESS OWNERSHIP
  • COOPERATION
  • CULTURE
  • Chinese Diaspora
  • Cultural values
  • ENTREPRENEURIAL ACTIVITY
  • ETHNIC CHINESE
  • Enterprise
  • Experiment
  • Family businesses
  • MALAYSIA
  • MINORITY
  • NETWORKS
  • PERSPECTIVE
  • Questionnaire
  • VALIDITY

Indexed by

  • ABDC-A
  • Scopus
  • SSCI

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