Due to the increasing globalization of today's world, descendants of family firms are often drawn to the unlimited opportunities outside their premises and no longer see their future workplace or the core of their identity within the family organization. However, this can lead to a rude...

Small and medium-sized enterprises (SMEs) in Taiwan have made undeniable contributions to the rapid economic development of Taiwan over the last decades. In Taiwan's economic system, over 90% of businesses are SMEs. However, with the increasingly severe problems of population aging, labor...

Japanese family businesses are among the oldest in the world and many of them prove a history record of 200 years and more. Research on several case studies of century old firms ('shinise') in Japan reveal three factors as secrets of their longevity: (1) the Japanese family system ('ie') favours...