West Meets East

Abstract

The discussion around West Meets East—the integration of Western Management with Eastern philosophies—has gained considerable traction, and for good reason because of the globalization, political and economic changes, and shifting of powers. The world, including the USA, Europe, Russia, India, and China, has undergone significant transformations over the last 35 years. The world has changed. Unprecedented events—the start of China’s economic reform and opening up to the outside world in 1978; the collapse of the former Soviet Union in 1989; and the burst of financial bubble on Wall Street in 2008—have led people to rethink and reconsider how to secure a political and economic environment for delivering sustain-ability. The integration, inclusiveness, and collaboration has never been more relevant than in the postrecession context. The “West Meets East” paradigm possesses great significance in many aspects. The key considerations around this topic not only benefit innovation managers and entrepreneurs from China, but also those outwith China. However, the impact of the integration goes beyond enter-prise development and collaboration.

A strong lock hangs on the door. An iron pole was trying hard to open the lock in vain.

The little key comes with a gentle maneuvre. The lock opens.

The iron pole asks the little key with surprise: Why can you open the lock easily? I was trying so hard with no success.

The key answers with confidence: I know the heart of the lock.