Shanker, Melissa Carey

Myths and realities family businesses' contribution to the US economy - a frame - 1996 - 107 - 123

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.

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