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How Asian Entrepreneurs Balance Business and Family Life: A Case Study from Taiwan
National Chung Hsing University, Taichung, Taiwan .
National Chung Hsing University, Taichung, Taiwan .
Jönköping University, School of Engineering, JTH, Industrial Engineering and Management. Jönköping University, School of Engineering, JTH. Research area Industrial Production.ORCID iD: 0000-0002-8305-4412
2015 (English)In: Proceeding of the International Conference on Technology Innovation and Industrial Management, Bari, 27-29 May, 2015., 2015, 1049-1058 p.Conference paper, (Refereed)
Abstract [en]

Entrepreneurship is one of the hottest research topics in the world and one common research area within this field is the entrepreneurial model or process. The successful entrepreneurial model in the western world is a well-discussed topic. However this model is not applicable in the Asian world due to cultural differences. In the western world, business and family life are clearly separated, but in Asia, there is no clear boundary. The aim of this study is to investigate how Asian entrepreneurs balance business and family life. The study focuses on how the entrepreneur balance business and family life in the entrepreneurial process and on identifying the most critical factors for long-term entrepreneurial success. These issues have been examined through a single case study including the Taiwanese enterprise FU NIANG FANG. This study has identified twelve key factors leading to the enterprise’s success. These key factors are: (1) Product and service innovation, (2) Mechanism to ensure service and product quality, (3) Quoted purchase, (4) Interaction with suppliers, (5) Market segmentation, (6) Value proposition, (7) Site selection, (8) Barriers to market entry and relationships with competitors, (9) Interactions with customers, (10) Talent demand, (11) Entrepreneurial team members and their experiences related to entrepreneurship in past, and (12) Venture financing. This study is explorative in nature and is limited to one company located in Taiwan. Thus, more empirical data should be gathered to reinforce the validity of the findings.

Place, publisher, year, edition, pages
2015. 1049-1058 p.
Keyword [en]
entrepreneurship, Eastern culture, Asian, Taiwan, vinegar, FU NIANG FANG, family
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-28823OAI: oai:DiVA.org:hj-28823DiVA: diva2:890013
Conference
The International Conference on Technology Innovation and Industrial Management
Available from: 2015-12-30 Created: 2015-12-30 Last updated: 2017-02-13Bibliographically approved

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fulltext(377 kB)8 downloads
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92e43a802a29e8b905f90b5a61380460491777001520357821fe92cb221fa6b7a9ef01c5f404bbb434f38a181d1666a584a401ff059c43fde95547ffb2e57964
Type fulltextMimetype application/pdf

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
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  • asciidoc
  • rtf