Department
Management and Entrepreneurship
Document Type
Article
Publication Date
9-2003
Abstract
In 1995, we were commissioned to conduct research on the impact of family businesses on the U.S. economy. A search of all relevant research led to the conclusion that the majority of existing data relating to family businesses' economic contributions were not grounded in empirical research, and the definitions used to distinguish family businesses from other enterprises were ambiguous or nonexistent. In 1996, we published a paper providing a framework for assessing the economic impact of family businesses across three ranges, defined by the degree of family involvement in the businesses. This paper revisits that research and updates and improves the original findings based on more recent data.
Journal Title
Family Business Review
Journal ISSN
0894-4865
Volume
16
Issue
3
First Page
211
Last Page
219
Digital Object Identifier (DOI)
10.1177/08944865030160030601