MARKET PLATFORMS, INDUSTRIAL CLUSTERS AND SMALL BUSINESS DYNAMICS: SPECIALIZED MARKETS IN CHINA

Book ID/图书代码： 04289512B56297

English Summary/英文概要： The emergence of specialized markets has profoundly improved the means of market access, enriched the driving forces of value chains, and changed the business environment for small firms in the developing world. This ground-breaking book summarizes the experience of specialized markets in a systematic manner. Specialized markets are a unique product of China’s economic transition. They are marketplaces located in industrial clusters, specializing in the wholesale of local commodities and related goods. Ding Ke reveals that despite their seemingly primitive form, specialized markets appeared in many of the modern industrial sectors and were paradoxically upgraded and expanded as these clusters developed. He argues that specialized markets have also formed solid linkages with marketplaces in various cities in China and in other developing economies. A powerful, emerging market-oriented distribution system has thus appeared. Based on thorough fieldwork covering ten years, and using the novel theory of the platform, this book clarifies the unique development logic of specialized markets. Specialized markets have thoroughly changed the business environment for SMEs in developing countries and greatly enriched the general understanding concerning SME development. This book will prove invaluable for SME, Chinese economy and platform researchers. Management scientists and managers in multinational firms focusing on bottom of pyramid markets will also find plenty of interesting information in this enlightening compendium.

Chinese Summary/中文概要： 专业市场的出现很大程度上改善了市场准入的方式，丰富了价值链的驱动力，并且改变了发展中国家小型企业的商业环境。这是一本具有突破性的书，它向读者系统地介绍了专业市场。专业市场是中国经济转型下独有的产物。它们是产业集群，尤其是在当地和相关产品的批发交易市场中的商品。丁克向读者解释道：虽然专业产业的形式看上去有些原始，但它却出现在许多现代化的产业部门，并且随着产业集群的发展，非常反常得升级和扩张了。他也提出专业市场也将中国的许多城市和其他发展中经济体紧密地联系到了一起。因此，一套强大的，以新兴市场为导向的分配制度也产生了。基于十多年的实地考察，并且运用了新兴的平台理论，这本书阐述了专业市场独特的发展规律。专业市场在很大程度上改变了发展中国家中小企业的企业环境并且加深了公众对于中小企业发展的认识。这部作品向人们展示了中小企业，中国经济和平台研究者们的无限价值。专注于底部金字塔市场的管理学专家和跨国企业的管理高层也会在这本书中获得很多有用的信息。(XAT)

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