As I commented when I shared the link kindly posted here among my Facebook friends, "Like most studies of child-rearing of this nature, it is correlational rather than experimental, subject to argument about definitions, and not yet replicated, but this is food for thought." So if we think about what this means, yes, parents should be affectionate toward their children rather than reserved. Parents should also be open to children pursuing THEIR OWN interests rather than the profile of interests reputedly best for getting into a famous college. Indeed, parents should be open to the possibility that a career in private industry in an occupation in which job applicants show what they can do through work-sample tests and being a "smart and gets things done" worker can be better for a young person than piling on lots of higher education degrees.
That said, letting Junior play video games all day (as contrasted with WRITING a few video games) is not good for Junior either. Maybe Junior won't report being depressed in that case until reaching his twenties and finding out he is unemployable at a living wage that allows independence from Mom and Dad. Maybe Junior, while growing up and having limited life experience, might benefit from some actual adult leadership and guidance. It is possible to do too little as well as too much in parenting.
(Basis of knowledge: I am the father in a "half-Asian" family, although oddly I am probably the "tiger-like" parent as a native-born American, while my Taiwanese wife is more easy-going. We have one child who has grown into independent adult life as a hacker and three younger children still living at home.)