Succession And Innovation In Asia S Small And Medium Sized Enterprises

This book documents the distinctive experiences and challenges of Small and medium-sized enterprises (SMEs) in Asia. By assessing succession and innovation in SMEs as the two sides of a coin, this book explains how innovations are essential to SMEs in succession. With detailed case examples, the book provides generalized solutions for SMEs to answer the question of how to make succession and innovation simultaneously successful. The authors discuss the potential solutions to solve the challenges of SMEs on succession and innovation by considering the utilization of the capital market, the electronic commerce strategy, the international strategy, and angel investment to pursue portfolio entrepreneurship, and compare these Asia solutions to the experiences from Europe. The book is recommended for family business and SME owners, professionals serving these firms, and the consulting firms that work on continuity issues of SMEs in Asia.

This book documents the distinctive experiences and challenges of Small and medium-sized enterprises (SMEs) in Asia. By assessing succession and innovation in SMEs as the two sides of a coin, this book explains how innovations are essential to SMEs in succession. With detailed case examples, the book provides generalized solutions for SMEs to answer the question of how to make succession and innovation simultaneously successful. The authors discuss the potential solutions to solve the challenges of SMEs on succession and innovation by considering the utilization of the capital market, the electronic commerce strategy, the international strategy, and angel investment to pursue portfolio entrepreneurship, and compare these Asia solutions to the experiences from Europe. The book is recommended for family business and SME owners, professionals serving these firms, and the consulting firms that work on continuity issues of SMEs in Asia. Hsi-Mei CHUNG is a Professor at the Department of Business Administration, I-Shou University, Taiwan. Her research interests include strategic and governance issues of family business groups and family businesses, antecedents and consequences of the Chinese relationships network, etc. She now serves as the Co-Editor with Hung-bin Ding, Andy Yu, & Phillip Phan on a book, Research on Innovation in Asian Family Enterprises, The Johns Hopkins University series on Entrepreneurship. Kevin AU co-founded the CUHK Center for Family Business and serves as its Director. His research interests are international management, entrepreneurship, family business, and social network. He is authors of several books such as "Family Enterprising in Asia: Exploring Transgenerational Entrepreneurship in Family Firms.".

The scope and depth of family business research have been quickly expanding in the last two decades. The editors and contributors to this book present eight recent studies examining the impact of external or internal family conditions on the innovation, growth, and succession of family firms in Asia.

The global economy is predominantly driven by family businesses that provide the largest source of long-term employment in most countries. In the Asian region, family members amongst the 60% of large corporations own a significant share of the equity and can influence key decisions. This phenomenon sets the family enterprises with various challenges and opportunities as any other non-family run enterprises but in a more complex dimension. This book presents a collection of cases that addresses three key challenges faced in many of the family enterprises in Asia; Succession, Governance and Innovation. The narration of the cases also offers reader tips about good practices among the Asian families such as effective family governance mechanism, development of innovation and entrepreneurial mindsets across generations, importance of family culture. This case book is essential reading for anyone interested in addressing the needs of business families in the region.

Unlike other economies, family businesses in China are greatly affected by the derived Confucian culture, excessive marketization, as well as the seemingly endless institutional supervision by a transitional Chinese government. China has a strong historical legacy, devoted to patriarchal values and strong family-centered traditions. This volume discusses the current status, upcoming challenges, and future prospects for family businesses in China. It explores unique organizational characteristics that are associated with Chinese family firms, such as being entrepreneurial, having concentrated power in the hands of the family business owners, and extensive family and semi-family involvement in the business. It also discusses shared features of strategic actions among Chinese family firms that include technology innovations, diversification, and internationalization, as well as the political connections that Chinese family firms often have. This book offers researchers a comprehensive overview of small family firms that are likely to be home-based microenterprises as well as large publicly traded business groups that are frequently owned by business families.

This book systematically studies the structural characteristics of IP laws and regimes of major Asian economies, including (but not always) China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Singapore, Taiwan, and Thailand. It explores and crystallizes some worthy Asian models which could further help the development of international IP laws. This book begins with an overview of Asian modern history and IP laws. It discusses the three basic IP laws in Asia which are patent law, trademark law and copyright law. It looks at the pre-established damages for copyright infringement and trademark counterfeiting. The book also deals with problems with trade secret and its over-protection. It compares IP laws and four industries in India and China, and examines what role have IP laws played in the development in those industries and how India and China can learn from each other. Finally, it examines one medium and one small-sized Asian economy on its respective struggle (Taiwan’s efforts to build a coherent IP exhaustion regime) and a success story (how Singapore has utilized IP to secure its position in global value chains). This book is a useful reference for law students, scholars, practitioners, IP professionals who are interested in knowing Asia, Asian IP laws and industries, their struggles and finding ways to better global IP laws. The case studies could provide helpful lessons for other Asian economies and beyond.

Examines the major issues for entrepreneurs in Asia including: raising start-up capital, managing growth, going international, listing on a public exchange and succession planning.

Market_Desc: · Entrepreneurs of all stages in Asia or involved in business with Asia· Government Departments involved in promoting business and entrepreneurship Special Features: · The authors backgrounds bring an interesting combination of experience and angles of the business world· The book includes surveys of Asian entrepreneurs and those involved with the entrepreneurial process as well as in-depth interviews with Asian entrepreneurs· It is divided into six sections. The first introduces the book and provides a background to Entrepreneurship in an Asian context, and introduces the key themes to be explored. The next four provide the main body of the book and deal with stages of entrepreneurial business: birth, adolescence, adulthood, and maturity.· Style is balanced between the depth required for those keen to study Asian entrepreneurs and the appeal and layout attractive to the more casual or busy reader who may be looking to utilise their time on a long-haul flight to pick up some quick insights About The Book: Entrepreneurial processes are relevant not only to start up businesses but also to every stage of business development and growth. Mastering Business in Asia: Entrepreneurship is designed to provide insight into issues and themes in Asian businesses which are relevant not only to Asian entrepreneurs of all stages of business development, but also to those doing business with Asian companies. The combination of in-depth discussions with Asian entrepreneurs, together with the insight provided by the authors and their advisers, provides a new approach to understanding the key issues of this important subject.