What is the Impact of Family Businesses on the US Economy?

April 26, 2021 00:24:49
What is the Impact of Family Businesses on the US Economy?
The Family Business Voice
What is the Impact of Family Businesses on the US Economy?

Apr 26 2021 | 00:24:49

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Show Notes

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On this episode of The Family Business Voice, Daniel G Van Der Vliet and Torsten M Pieper talk with Ramia about updating Astrachan and Shankar’s seminal 2003 research paper “Family Businesses’ Contribution to the U.S. Economy: A Closer Look,” and what their updated research says about the field of family business education.

Daniel G Van Der Vliet is the John and Dyan Smith Executive Director of Family Business at Cornell University. Over the last 25 years, Daniel has worked with family business owners and next-gen successors, helping them connect with each other over the issues that matter most — those with the potential to impact continuity.

Torsten M Pieper is an Associate Professor at UNC Charlotte Belk College of Business and the President of the International Family Enterprise Research Academy (IFERA), the largest network association of family business researchers in the world. Torsten’s and his team’s work allows for an unprecedented overview of the state of family businesses in 2021 and a good indication of where they might go next. 

A copy of the full research report, sponsored by Family Enterprise USA, and co-authored by Torsten Pieper, Franz Kellermanns, and Joe Astrachan, can be found here.

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