TSMA Yearbook 2018

47 Taiwan Sporting Goods Manufacturers Association Next Generation - a safe step towards the future Introduction The following article refers to family-owned companies that are not exchange-listed companies. In this type of enterprise, one or more families hold the majority or all of the company capital. Many of these enterprises are small or medium- size (SMEs), but they can also be large companies with the presence of entrepreneurs’ successive generations. The SMEs and their founding values Antonello Marega Prof. Design and Management IUAV – Venice University In many countries of the world, Small and Medium-sized Enterprises (SMEs) are the backbone of the economy with rates reaching 85%, and more, of the industrial activities of the nation. Many of these companies are founded by “entrepreneur - founder” with their capacity, enthusiastic and persistence. Family solidarity and industriousness are some of the founding values ​of these captains of industry. They have lived and are living the company as a family heritage and the relationship