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Economic Organization and Social Solidarity: Keiretsu as a Local/Global Concept

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Firm-Level Internationalization, Regionalism and Globalization

Part of the book series: The Academy of International Business ((AIB))

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Abstract

This chapter argues, first, that to see keiretsu only as an economic organization does not provide a complete picture of the term; accordingly, it is necessary to explore the philosophical concept of keiretsu. Secondly, it argues that the concept of keiretsu is based on the principles of social solidarity that are unique to Japanese society. A third point focuses on conventional socio-economic aspects of keiretsu and develops these in terms of the conceptual matrix put forward in the earlier sections. Finally, the principles of keiretsu are explored through structural linguistics.

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Authors
  1. Tomoko Oikawa
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Editor information

Editors and Affiliations

  1. University College Dublin, Ireland

    Elaine Hutson (lecturer in finance) (lecturer in finance)

  2. Manchester Business School, UK

    Rudolf R. Sinkovics (Professor of International Business) (Professor of International Business)

  3. School of Business Studies, Trinity College Dublin, Ireland

    Jenny Berrill (lecturer) (lecturer)

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© 2011 Tomoko Oikawa

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Oikawa, T. (2011). Economic Organization and Social Solidarity: Keiretsu as a Local/Global Concept. In: Hutson, E., Sinkovics, R.R., Berrill, J. (eds) Firm-Level Internationalization, Regionalism and Globalization. The Academy of International Business. Palgrave Macmillan, London. https://doi.org/10.1057/9780230305106_21

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