Routledge Companion to Asian Family Business

Ho-Don Yan is a Professor at the Department of Economics, Feng Chia University, Taiwan. He received his PhD in economics from the State University of New York at Albany. His research fields include open macroeconomics and entrepreneurship.Fu-Lai Tony Yu obtained his PhD from the University of New South Wales (ADFA). He taught at Hong Kong Baptist University, Hong Kong Polytechnic University, Monash University (Australia) and Feng Chia University (Taiwan). He is currently Emeritus Professor of Economics at Hong Kong Shue Yan University. His research interests include entrepreneurship, small and medium-sized enterprises, Austrian economics, governmental economics and Asian business systems.

"This book offers a wide coverage of the main aspects related to family business in Asia. It incorporates an appraisal of general concepts, as well as detailed case studies of 14 countries of East Asia, Southeast Asia, and South Asia. Given the importance of family business in the development of Asian economies, and the extent and quality of the contributions, the different experiences reviewed along the book can provide relevant lessons for other countries, both developed and emergent." Professor Oscar Bajo-Rubio, University of Castilla-La Mancha, Spain"There is little doubt that the 21st century is going to be Asian. Asia is a wildly diverse, dynamic and complex business landscape and largely driven by family businesses. Academics and practitioners need a clear guide to navigate this complex landscape. The new Routledge Companion on Asian Family Business edited by long-time experts Professors Yan and Yu is a critical guide to not only understand but also engage effectively with Asian family businesses."Professor Mark Greeven, IMD Business School, Switzerland "Vibrant family business is definitely one of the driving forces for the prominent economic performance in Asia. This timely book explores the uniqueness of family business across Asia in the era of socio-technical transition. Public policy makers, business leaders, and academic practitioners could all gain critical lessons from the related concepts and distinct cases." Professor Mei-Chih Hu, Tsing Hua University, Taiwan"With the gravity of the world economy being shifted toward Asia, this book is timely with its touch on broad issues of family business governance and case studies of different Asian countries, and it proffers a useful guide for practitioners and researchers to expand their career horizon."Emeritus Professor Fangqi Xu, Kindai University, Japan"The family business has been a dominant form of corporate governance in the Asian business history, and this book is an ambitious magnum opus, approaching the heart of the Asian economy. A global team of scholars and experts, led by Professors Yan and Yu, provides a dynamic realm of the most current knowledge within Asia and across Asia and the world. Every reader will earn insightful guidance for both research and praxis from every chapter of this essential handbook."Professor Eugene K. Choi, Ritsumeikan University, Japan

• Part I Key ConceptsGovernance and Family Entrepreneurship 1. Governance and Complexity in Family Firms: A Framework. 2. Industry 4.0 and Asian Family Entrepreneurship: A Career Perspective. 3. Unravelling Entrepreneurial Endeavour: H. S. Lee and the Birth of the Development and Commercial Bank in Malaysia. Longevity, Gender Gap, and Tacit Knowledge Innovation 4. Longevity and Disruption–Evidence from Japanese Family Businesses. 5. Analysis of Family Businesses from a Gender Perspective. 6. Tacit Knowledge Innovation, Generational Change and Enterprise Development: Chinese Family Businesses in Malaysia. Comparative Studies 7. Engaging Successors in Family Businesses: Case Studies in Finland and Thailand. 8. Chinese Business Culture and Corporate Networks: An Empirical Examination on Interlocking Directorates for Major Listed Firms in Taiwan, Singapore, Malaysia and Thailand. 9. Governance in Family Business: Australia and Sri Lanka. 10. Development and Predicaments of Entrepreneurship and Family Businesses in Russia.Part II CasesEast Asia: China, Hong Kong, Japan, South Korea, and Taiwan. 11. Death Smiles at Us All: Changing Demographics and Succession-Induced Portfolio Entrepreneurship in a Chinese Family Business Group. 12. Property Rights and Family Business Succession: The Case of Yung Kee in Hong Kong. 13. Trans-generational Entrepreneurship and Survival of Japanese Family Businesses - The Interconnection with Regional Communities. 14. Implementing Agility in a Big Firm-driven Economy: Digital Disruption and Korea’s Retail Chaebol. 15. Family Business and Portfolio Entrepreneurship: The Case of Taiwan’s King Car Group. South-East Asia: Indonesia, Malaysia, Myanmar, the Philippines, and Vietnam. 16. Enhancing Local Culinary Potential through Internationalization of Indonesian Family Business. 17. The Role of Social Capital in Business Resilience: A Case Study of Malaysian Family Business. 18. Understanding Family Business Succession in Myanmar: A Unified Systems Perspective. 19. Family Inertia as a Barrier to Digital Technology Adaptation by Small Philippine Family Businesses. 20. Achievements, Challenges and New Directions of Family Business in Vietnam. South Asia: Bangladesh, India, Nepal, and Pakistan. 21. Adaptability with Resource Constraints and Globalization: Family Business Groups of Bangladesh. 22. Indian Family Firms in Emerging Digital Economy: An Analysis of Digital Technology Adoption. 23. Creating Value across Generations in Family Run Businesses in Nepal. 24. The Risk That Became True – Cases Study of a Pakistani Family Business Portfolio Diversification.