Cultural context for capitalism in the Pacific Rim

Summary form only given. It is pointed out that the prevailing socio-cultural context in the Pacific Rim countries has been very different from the European/North American ambience; the growing technological self-confidence, high productivity, and competitiveness of these countries are traceable to...

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Bibliographic Details
Main Author: Murthy, K.K.
Format: Conference Proceeding
Language:English
Subjects:
Couplings
Cultural differences
Ethics
Europe
Industrial economics
Oceans
Productivity
Technological innovation
Vehicle dynamics
Vehicles
Online Access:Request full text
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Summary:Summary form only given. It is pointed out that the prevailing socio-cultural context in the Pacific Rim countries has been very different from the European/North American ambience; the growing technological self-confidence, high productivity, and competitiveness of these countries are traceable to the prevalence of a Confucian ethic much different from the Protestant ethic of north Europe and the USA. The author analyzes the nonProtestant ethic centered innovation inducing dynamism anchored in the Confucian/Buddhist principles which are the underpinnings of the unfolding saga of the rise of capitalism in the Pacific Rim. The emergence of Confucian ethic is traced to religio-philosophical roots in these societies.< >
DOI:10.1109/PICMET.1991.183826