Basically, start by downloading teknoparrot @ teknoparrot dot com. Some antivirus flag some files, but thats not unusual for Taito type-X and other arcde system alike.
Take time to run Teknoparrot UI, and configure some games. In the teknoparrot emulator folder, you'll notice a folder named game profiles, containning a bunch of XML profiles, they will be usefull once you are set with Teknoparrot UI.
Now for Launchbox, here's what I do: 1)Create a shortcut for each game I want to use, and name it accordingly to the game. 3) I add Teknoparrot as an emulator, with no specific paramaters. 3) Add your Taito TYpex game manually to Launchbox. 3) it is where some don't know what to do : under the "Emulation" Tab of the game. select Teknoparrot as an emulator and then check custom command line parameter and type
--profile=SuperStreetFighterIVArcadeEditionVer2012.xml
choose the profile name acordingly to those XMLs we've seen under the Teknoparrot profile Folder.
and you should be set! Sadly, with this method, even a bulk import the shortcuts we've created each need to be edited manually with the emator or at least the line for the profile.
Note: You'll notice that teknoparrot support a lot more than just Taito TypeX games, I wont go in details for configs for each games, the Interwebz should provided you the information you need! Worst case scenario, if you already done torough researches, just PM me here and I can either help you, or point you to some more detailled informations!
Enjoy!