Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises

Editors: Chung, Hsi-Mei, Au, Kevin (Eds.)

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  • Provides an integrated framework to illustrate decisions on succession and innovation within SMEs 
  • Discusses small businesses in Asian countries from their own indigenous perspectives
  • Serves as a reference for consulting firms and consultants working on family succession in SMEs
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eBook 96,29 €
price for Spain (gross)
  • ISBN 978-981-15-9015-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 124,79 €
price for Spain (gross)
  • ISBN 978-981-15-9014-6
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

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.


About the authors

Dr. Hsi-Mei Chung is a Professor at the Department of Business Administration, I-Shou University, Taiwan. She has served as the associate research fellow, Electronic Commerce Research Center, National Sun Yat-sen University; the Global Board Member, STEP Project for Family Enterprising (2014-2016); the 2015 & 2016 IFERA Best Ph.D.
Professor Kevin AU graduated from the Chinese University of Hong Kong with a B.B.A. and earned his Ph.D. in management/ international business at the University of British Columbia. He co-founded the CUHK Center for Entrepreneurship and serves as associate director. In 2015 he founded the CUHK Centre for Family Business and serves as its current director. His research interests are international management, entrepreneurship, family business, and social network.

Reviews

“In a world where change is constant and is accelerating at a pace never experienced before, the need for SMEs to plan succession and choose innovation paths for sustainable growth becomes very imperative. Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises provides comprehensive strategies through cases from across Asian countries and industries for SMEs to make choices. A must-read specially for SMEs planning for succession and innovation.” 

 

--(Dr BVR Mohan Reddy, Founder& Executive Chairman, Cyient and Chairman,Board of Governors, Indian Institute of Technology, Hyderabad)


"A fascinating study of the Asian family firm. The contribution not only highlight the challenges faced by family entrepreneurs but also show-case best practices for energizing family firms across generations. This book is a must read for scholars and business families all over Asia."

--(Morten Bennedsen, The André and Rosalie Hoffmann Chaired Professor of Family Enterprise, INSEAD France and Singapore.)

“Very glad to see this monograph offering practical guidance on how family-owned SMEs in Asia manage the succession and innovation ordeal!  The key idea of succession and innovation as a two-sided coin resonates with my experience and reminds us of a different approach in managing transitions in this disruptive era.   I am intrigued by the practices in 28 cases from different Asian cultures and industries, and how 20+ esteemed scholars and practitioners shape and “solve” the underlying issues.”

--(Professor Roger King, Founding Director and Senior Advisor, HKUST Tanoto Center for Asian Family Business and Entrepreneurship Studies)

Table of contents (15 chapters)

Table of contents (15 chapters)
  • Why Succession Is a Critical Issue for SMEs: Perspectives and Cases in the Asian Context

    Pages 1-25

    Chung, Hsi-Mei (et al.)

  • The Analytical Framework on Succession and Development in Family Firms

    Pages 27-53

    Chung, Hsi-Mei

  • Absence of Customers’ Voice as the Cause of Limited New Product Development in a Small Long-Standing Family-Owned Craft Business in Japan

    Pages 55-81

    Yamaguchi, Katsushi (et al.)

  • The Dark Side of the Advantages on Industrial Clusters in Taiwan

    Pages 83-108

    Chan, Shu-Ting (et al.)

  • Analysis on the Current Scenario of Succession in Small-to-Medium-Sized Enterprises in Mainland China: Observations from 2016 China Family Business Health Report

    Pages 109-161

    Wang, Hao (et al.)

Buy this book

eBook 96,29 €
price for Spain (gross)
  • ISBN 978-981-15-9015-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 124,79 €
price for Spain (gross)
  • ISBN 978-981-15-9014-6
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises
Editors
  • Hsi-Mei Chung
  • Kevin Au
Copyright
2021
Publisher
Palgrave Macmillan
Copyright Holder
Vital Wellspring Education Pte Ltd
eBook ISBN
978-981-15-9015-3
DOI
10.1007/978-981-15-9015-3
Hardcover ISBN
978-981-15-9014-6
Edition Number
1
Number of Pages
XXIV, 416
Number of Illustrations
9 b/w illustrations, 116 illustrations in colour
Topics