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

By: Shanker, Melissa Carey
Material type: ArticleArticlePublisher: 1996Description: 107 - 123 In: Family Business ReviewSummary: 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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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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