This book analyzes the findings reported in the first Asia Pacific
summit of the Successful Transgenerational Entrepreneurship
Practices (STEP) project. Researchers in Australia, China, and
India discussed eleven in-depth case studies to shed light on the
challenges that business families and family businesses faced in
continuing and extending their entrepreneurial capabilities across
multiple generations. Based on a common research framework from
STEP, each chapter introduces key findings and challenges existing
theory, offering answers to two broad questions in the Asia Pacific
context: How do business families and family businesses generate
and sustain entrepreneurial performance across generations and how
does entrepreneurial performance relate to the continuity, growth
and transgenerational entrepreneurship of business families and
family businesses? In doing so, the authors look at key issues
faced by family business including dealing with communication
issues across generations, resolving conflict between siblings,
preparing and luring younger generations back to family business,
and professionalization of business. The chapters go beyond the
succession and governance challenges and explore the processes and
outcomes of entrepreneurship in the Austral - Asian family context.
Academics, teachers and students in business and management,
entrepreneurship and family business, and Asian studies will find
this path-breaking book of great value, as will libraries,
policymakers and consultants. Contributors include: K. Au, S.-J.
Chen, W. Chen, H.-M. Chung, J. Craig, M. Fu, W. Irava, R. Jha, W.
Li, X. Li, Y. Li, D. Lin, Y. Lu, K. Moores, M. Morris, K.
Ramachandran, B. Ren, S. Waiker, J. Ward, B. Yang, K.S. Yeh, H. Zhu
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