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Far-East Secret: Knowledge Elements of Vietnamese Family Businesses Operating in Hungary

Received: 30 November 2014     Accepted: 9 December 2014     Published: 27 December 2014
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Abstract

The focus of our analyse is on the Vietnamese family businesses which are operating in Hungary. What type of assets did they have during the 2008 economic crisis? Which are the special characteristics, values, knowledge and experiences that helped them to develop in a foreign environment? These families and family businesses had to learn language, roles, rules, traditions, legislations etc. Ten family businesses were involved in our primary qualitative research and principal characteristics were identified which determine their knowledge management. They have two powns to survive: one is the ability for extremely quick learning new knowledge and flexible adaptation to the environment. The second one is the original (Vietnamese) value system of their families which provide a supporting background for these processes.

Published in Science Journal of Business and Management (Volume 3, Issue 1-1)

This article belongs to the Special Issue The Role of Knowledge and Management’s Tasks in the Companies

DOI 10.11648/j.sjbm.s.2015030101.16
Page(s) 32-38
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2014. Published by Science Publishing Group

Keywords

Family Businesses, Hungary, Knowledge and Competences, Values, Vietnamese National Culture

References
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Cite This Article
  • APA Style

    Ildikó Marosi, Thinh Duong Van. (2014). Far-East Secret: Knowledge Elements of Vietnamese Family Businesses Operating in Hungary. Science Journal of Business and Management, 3(1-1), 32-38. https://doi.org/10.11648/j.sjbm.s.2015030101.16

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    ACS Style

    Ildikó Marosi; Thinh Duong Van. Far-East Secret: Knowledge Elements of Vietnamese Family Businesses Operating in Hungary. Sci. J. Bus. Manag. 2014, 3(1-1), 32-38. doi: 10.11648/j.sjbm.s.2015030101.16

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    AMA Style

    Ildikó Marosi, Thinh Duong Van. Far-East Secret: Knowledge Elements of Vietnamese Family Businesses Operating in Hungary. Sci J Bus Manag. 2014;3(1-1):32-38. doi: 10.11648/j.sjbm.s.2015030101.16

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  • @article{10.11648/j.sjbm.s.2015030101.16,
      author = {Ildikó Marosi and Thinh Duong Van},
      title = {Far-East Secret: Knowledge Elements of Vietnamese Family Businesses Operating in Hungary},
      journal = {Science Journal of Business and Management},
      volume = {3},
      number = {1-1},
      pages = {32-38},
      doi = {10.11648/j.sjbm.s.2015030101.16},
      url = {https://doi.org/10.11648/j.sjbm.s.2015030101.16},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sjbm.s.2015030101.16},
      abstract = {The focus of our analyse is on the Vietnamese family businesses which are operating in Hungary. What type of assets did they have during the 2008 economic crisis? Which are the special characteristics, values, knowledge and experiences that helped them to develop in a foreign environment? These families and family businesses had to learn language, roles, rules, traditions, legislations etc. Ten family businesses were involved in our primary qualitative research and principal characteristics were identified which determine their knowledge management. They have two powns to survive: one is the ability for extremely quick learning new knowledge and flexible adaptation to the environment. The second one is the original (Vietnamese) value system of their families which provide a supporting background for these processes.},
     year = {2014}
    }
    

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    AB  - The focus of our analyse is on the Vietnamese family businesses which are operating in Hungary. What type of assets did they have during the 2008 economic crisis? Which are the special characteristics, values, knowledge and experiences that helped them to develop in a foreign environment? These families and family businesses had to learn language, roles, rules, traditions, legislations etc. Ten family businesses were involved in our primary qualitative research and principal characteristics were identified which determine their knowledge management. They have two powns to survive: one is the ability for extremely quick learning new knowledge and flexible adaptation to the environment. The second one is the original (Vietnamese) value system of their families which provide a supporting background for these processes.
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Author Information
  • óbuda University, Keleti Faculty of Business and Management, Budapest, Hungary

  • óbuda University, Keleti Faculty of Business and Management, Budapest, Hungary

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