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

Download or read book Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises written by Hsi-Mei Chung and published by Springer Nature. This book was released on 2021-02-13 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.