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Titlebook: Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises; Hsi-Mei Chung,Kevin Au Book 2021 Vital Wellspring Education Pte Lt

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Why Succession Is a Critical Issue for SMEs: Perspectives and Cases in the Asian Context,n SME is actually a two-sided coin, and thus, the succession decision is closely linked with the competitive advantage of the SME. Recognizing that each SME is situated in specific institutional environments, we present distinctive experiences and observations from SMEs in Asia to uncover the challenges for SMEs in Asian societies.
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Analysis on the Current Scenario of Succession in Small-to-Medium-Sized Enterprises in Mainland Chirnationalization, and explore the relationship between succession and transformation in family businesses. Furthermore, we also discuss new challenges and solutions for family businesses under the Trade War.
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Nurturing and Financing Transgenerational Entrepreneurship, market capitals to drive longer-term growth in different stages. It explains how families can orchestrate resources for new ventures through the use of business plans, family banks and family investment funds. It examines a few family-owned MSMEs in Hong Kong, to contextualize how families nurture and finance transgenerational entrepreneurship.
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The Analytical Framework on Succession and Development in Family Firms,ytical framework is elaborated from Porter’s (1990) strategic position concept. The author sets up a 2 by 2 matrix to illustrate whether the SME will move away from the current industry or whether the SME will insist on the current strategic position. When an SME succeeds to the next generation, the
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