Title
Myths and Realities: Family Businesses’ Contribution to the US Economy–A Framework for Assessing Family Business Statistics
Department
Management & Entrepreneurship
Document Type
Article
Publication Date
6-1996
Abstract
This article presents a framework for assessing commonly accepted family business statistics, based on the criteria used to define a family business. Using existing research from multiple fields and sources, a range is extrapolated for the total number of family businesses in the US, their contribution to Gross Domestic Product (GDP) and employment.
Recommended Citation
Shanker, Melissa Carey, and Joseph H. Astrachan. "Myths and Realities: Family Businesses' Contribution to the US Economy— A Framework for Assessing Family Business Statistics." Family Business Review 9.2 (1996): 107-23. Print.