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.