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Asian entrepreneurs and businesses have created wealth faster than the rest of the economy. Asian wealth now creates and sustains more jobs than it has ever done. It stimulates growth in industries and places that would struggle without the engine of entrepreneurship. Asian wealth is diversifying and modernising, it crosses the generational divide. If you want new and old economy wealth, it's in these pages. If you want modern and traditional management practices, they are in this book. If you want a new generation of entrepreneurs and wealth creators, then read on. PRAISE FOR MAKING A FORTUNE

Asian entrepreneurs and businesses have created wealth faster than the rest of the economy. Asian wealth now creates and sustains more jobs than it has ever done. It stimulates growth in industries and places that would struggle without the engine of entr.

PurposeTraining Women to Win, a University of Surrey project set out to identify good practice in terms of available support and to produce and pilot recommendations that will improve current business support and training provision for women. In this context, this paper aims to consider some of the key challenges faced by women seeking to start a new business.Design/methodology/approachA questionnaire was posted online on a dedicated project web site, in collaboration with Everywoman Ltd Links were established from other sites. In total, about 1,000 women were targeted. A series of focus groups were also held.FindingsThe main findings of the project are that business support providers tend to be target driven and thus supply is not always geared to demand. One of the consequences of this target culture is a "one size fits all" strategy.Practical implicationsThe paper shows that many respondents, although largely aware that agencies exist, are often unaware of the services that they provide and/or how to access appropriate support. Business support is acknowledged by some to be very good at the initial stages. However, further into the business cycle, there appears to be less support for the growth phrase.Originality/valueThe paper adds to the growing body of work on female entrepreneurship and on the support they need.

Esta investigación explora el rol de la segunda y tercera generación de empresarios asiático- británicos nacidos y educados en el Reino Unido. La herramienta de investigación que se empleó consistió de entrevistas cualitativas a una muestra de 10 participantes: 5 hombres y 5 mujeres. Se les administró un cuestionario que incluyó temas sobre la generación de la banca, estilos gerenciales, uso de tecnología y la expansión. Además, se incluyó el tema sobre los conflictos entre fundadores y sucesores.La investigación arroja luz sobre varios aspectos desatendidos en el empresarismo étnico, como son los aspectos sobre género y etnicidad. La mitad de los participantes fueron mujeres, con lo que se pretendió explorar la participación de éstas en la administración de empresas, tema que no se había estudiado hasta el momento. Entre las recomendaciones, se insta a todos los que ostentan el poder decisional, a reconocer la importancia de la diversidad de las minorías étnicas en los negocios.

PurposeAsian immigrant entrepreneurs in the UK have been used as examples of what can be done through free enterprise. Academic interest is developing in the changes taking place as newer generations emerge. Seeks to address these issues.Design/methodology/approachA small‐scale qualitative study was undertaken with interviews of five men and five women entrepreneurs of the second generation. The issues explored included their background, the factors that have influenced, facilitated or inhibited their decision to become self‐employed, their experiences of entrepreneurship and the particular issues that confronted them. Female entrepreneurs in the sample were older and felt inhibited and more constrained than their male counterparts in their freedom to act.FindingsBoth males and females of second generation entered business through attraction for the opportunities rather than as their only option in an unknown environment. Notwithstanding expectations, later generations did not enter activities adding much greater value than those of the first generation, even though they were better integrated with their environment. Boundary stresses between first and second generation are likely to lead to further studies of succession planning and of the influence of culture and gender on attitudes to enterprise.Originality/valueMethodologically the study is novel in so far as the researcher (an Asian female from a typical family business background) has taken care to observe the cultural proprieties often noted within this particular group. Hence, the data are arguably more authentic than previous studies undertaken by distant researchers.

PurposeThe Asian business community has been noted for its contribution to the UK economy. This vibrant sector of the small to medium‐sized enterprises population serves to illustrate diversity in terms of spanning sectors including manufacturing and services, entertainment and fashion, hotels and property, food and pharmaceuticals. This paper seeks to draw out trends within this increasingly important sector of the economy.Design/methodology/approachThe study reports on a research project which comprises the latest phase in a seven‐year, longitudinal study of the richest 200 Asian business people in the UK.FindingsThe analysis suggests that the Asian business community has delivered significant and sustained growth which is higher than average growth in the UK.Originality/valueFor policy makers and the business support community, this paper offers a greater understanding of the dynamics behind the success stories and thus offers opportunities to tailor any engagement with this community appropriately. For academics it adds to the growing literature of minority ethnic businesses in the UK.

PurposeTo consider whether the growth in management and entrepreneurship education is driven by (external) demand or (internal) academic supply.Design/methodology/approachThree key elements of the intellectual context of management and entrepreneurship education are considered: the apparent causal relationship between improved management and economic performance; the privilege afforded to management as an agent of change in the context of globalisation; reforms in the public sector which define problems in terms of management rather than resources.FindingsThere is a lack of clarity as to whether the purpose of entrepreneurship education is about promoting higher levels of activity or better recognising entrepreneurial activity.Originality/valueThe paper offers an alternative perspective on entrepreneurship education through an examination of its purpose rather than its form and content.

PurposeNon-verbal communication (NVC) remains largely understudied despite its importance in today's fast-paced and cross-cultural management and research landscape. This article is significant because it reveals valuable insights into NVC, which represents 65–93% (Mehrabian, 1981) of communication and has the potential to considerably increase management effectiveness and efficiency by providing leaders and researchers with the knowledge they need to understand and handle diversity with competence.Design/methodology/approachThis article draws on social identity theory (SIT) (Tajfel and Turner, 1979) and rapport management theory (RMT) (Brown and Levinson, 1987) to analyse illustrative interview extracts of co-occurring verbal and NVC from an interpretative phenomenological analysis (IPA) study focussed on understanding how London-based Romanian migrant entrepreneurs experience acculturation.FindingsRomanian migrant entrepreneurs use a variety of verbal and non-verbal communication approaches in their acculturation narratives, providing depth and occasionally shifting meaning. These tactics include repeating verbal discourse with non-verbal clues, replacing verbal communication with non-verbal gestures, complementing verbal communication and juxtaposing non-verbal cues with verbal descriptions.Originality/valueThis study makes a valuable contribution to the fields of qualitative organisational management and entrepreneurial studies by addressing the lack of methodological tools available for analysing non-verbal language in interpretative research. This study presents a systematic technique for assessing non-verbal language symbols that has been developed through face-to-face interviews. The article utilises the first-hand interview experience of a Romanian co-researcher to demonstrate the significance of NVC in the transmission of meaning and the formation of identities amongst Romanian migrant entrepreneurs. These findings contribute to a better understanding of organisational management and research practices, particularly about this understudied entrepreneurial minority of Romanian businesses in London, by helping researchers and managers better grasp the cultural and contextual meanings communicated non-verbally. The article holds significance in the context of cross-cultural and organisational management practices.