Department of Economics, Manipal University, India
Research
Globalization of the Family Business - Public Policies, Innovation, Firm Growth and Contribution in Gdp
Author(s): Anu Priya*
The contribution of family businesses to wealth creation, wealth preservation and wealth distribution globally is commendable, and their unique approach of looking at their businesses over generations and as an investment for the future ensures a long- term perspective with respect to decision making and provides stability to the economy. Now, the paradigm shifts on the regulatory, operational and technological fronts are driving family business heads to continuously innovate their products or services and become more perceptive and agile in order to grow. The unquoted companies across Europe, are about 70-80 per cent of enterprises are family businesses.
Most family businesses inherently display characteristics of entrepreneurship, dynamism, resilience, sustainability, innovation, vision and more. Study shows family business makes up half of the listed firms, and three quar.. Read More»
DOI:
10.37421/2169-026X.2021.10.318
Entrepreneurship & Organization Management received 1115 citations as per Google Scholar report