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Yesterday, Now, or Later?  243


           TABLE 7.2  Key Differences Between Short- and Long-Term Orientation
           Societies Based on CVS Data: General Norm and Family

           SHORT-TERM ORIENTATION        LONG-TERM ORIENTATION

           Social pressure toward spending  Thrift, being sparing with resources
           Efforts should produce quick results.  Perseverance, sustained efforts
                                         toward slow results
           Concern with social and status   Willingness to subordinate oneself for
           obligations                   a purpose
           Concern with “face”           Having a sense of shame
           Respect for traditions        Respect for circumstances
           Concern with personal stability  Concern with personal adaptiveness
           Marriage is a moral arrangement.  Marriage is a pragmatic arrangement.
           Living with in-laws is a source of   Living with in-laws is normal.
           trouble.
           Young women associate affection   Young women associate affection
           with a boyfriend.             with a husband.
           Humility is for women only.   Humility is for both men and women.
           Old age is an unhappy period, but it   Old age is a happy period, and it
           starts late.                  starts early.
           Preschool children can be cared for   Mothers should have time for their
           by others.                    preschool children.
           Children get gifts for fun and love.  Children get gifts for education and
                                         development.





            In the overseas Chinese environment, family and work are not sepa-

        rated. Family enterprises are normal. The values at the LTO pole sup-
        port entrepreneurial activity. Persistence (perseverance), or tenacity in the
        pursuit of whatever goals one has set, is an essential asset for a beginning
        entrepreneur. Ordering relationships by status and observing this order refl ects
        the Confucian stress on unequal relationship pairs. A sense of a harmoni-
        ous and stable hierarchy and complementarities of roles makes the entre-
        preneurial role easier to play. Thrift leads to savings and to the availability
        of capital for reinvestment by oneself or one’s relatives. The value of having
        a sense of shame supports interrelatedness through sensitivity to social con-
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