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  • Memili_et_al._2015_SBE_Family_firms_and_economic_growth

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The impact of small- and medium-sized family firms on economic growth

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The impact of small- and medium-sized family firms on economic growth. / Memili, Esra; Fang, Hanqing; Chrisman, James J. et al.
In: Small Business Economics, Vol. 45, No. 4, 12.2015, p. 771-785.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Memili, E, Fang, H, Chrisman, JJ & De Massis, A 2015, 'The impact of small- and medium-sized family firms on economic growth', Small Business Economics, vol. 45, no. 4, pp. 771-785. https://doi.org/10.1007/s11187-015-9670-0

APA

Memili, E., Fang, H., Chrisman, J. J., & De Massis, A. (2015). The impact of small- and medium-sized family firms on economic growth. Small Business Economics, 45(4), 771-785. https://doi.org/10.1007/s11187-015-9670-0

Vancouver

Memili E, Fang H, Chrisman JJ, De Massis A. The impact of small- and medium-sized family firms on economic growth. Small Business Economics. 2015 Dec;45(4):771-785. Epub 2015 Jul 23. doi: 10.1007/s11187-015-9670-0

Author

Memili, Esra ; Fang, Hanqing ; Chrisman, James J. et al. / The impact of small- and medium-sized family firms on economic growth. In: Small Business Economics. 2015 ; Vol. 45, No. 4. pp. 771-785.

Bibtex

@article{15ccc0a5f7f64a39bccd0482b2d932ca,
title = "The impact of small- and medium-sized family firms on economic growth",
abstract = "Drawing on family business studies and the knowledge-based view of economic growth, we develop and test a model of how the prevalence of small and medium-size enterprises (SMEs) under family control affect economic growth. Specifically, we propose there is an inverted U-shaped relationship between family SMEs{\textquoteright} proportional representation and economic growth owing to their relative strengths and limitations vis-{\`a}-vis non-family SMEs. Using state-level data from the U.S. between 2004 and 2010, we find support for our hypothesis and the underlying contention that economic growth is maximized when an economy includes a balanced mix of family and non-family SMEs.",
keywords = "family business, economic growth, family firms, SMEs, Knowledge asymmetry",
author = "Esra Memili and Hanqing Fang and Chrisman, {James J.} and {De Massis}, Alfredo",
note = "The final publication is available at Springer via http://dx.doi.org/10.1007/s11187-015-9670-0 ",
year = "2015",
month = dec,
doi = "10.1007/s11187-015-9670-0",
language = "English",
volume = "45",
pages = "771--785",
journal = "Small Business Economics",
issn = "0921-898X",
publisher = "Springer New York LLC",
number = "4",

}

RIS

TY - JOUR

T1 - The impact of small- and medium-sized family firms on economic growth

AU - Memili, Esra

AU - Fang, Hanqing

AU - Chrisman, James J.

AU - De Massis, Alfredo

N1 - The final publication is available at Springer via http://dx.doi.org/10.1007/s11187-015-9670-0

PY - 2015/12

Y1 - 2015/12

N2 - Drawing on family business studies and the knowledge-based view of economic growth, we develop and test a model of how the prevalence of small and medium-size enterprises (SMEs) under family control affect economic growth. Specifically, we propose there is an inverted U-shaped relationship between family SMEs’ proportional representation and economic growth owing to their relative strengths and limitations vis-à-vis non-family SMEs. Using state-level data from the U.S. between 2004 and 2010, we find support for our hypothesis and the underlying contention that economic growth is maximized when an economy includes a balanced mix of family and non-family SMEs.

AB - Drawing on family business studies and the knowledge-based view of economic growth, we develop and test a model of how the prevalence of small and medium-size enterprises (SMEs) under family control affect economic growth. Specifically, we propose there is an inverted U-shaped relationship between family SMEs’ proportional representation and economic growth owing to their relative strengths and limitations vis-à-vis non-family SMEs. Using state-level data from the U.S. between 2004 and 2010, we find support for our hypothesis and the underlying contention that economic growth is maximized when an economy includes a balanced mix of family and non-family SMEs.

KW - family business

KW - economic growth

KW - family firms

KW - SMEs

KW - Knowledge asymmetry

U2 - 10.1007/s11187-015-9670-0

DO - 10.1007/s11187-015-9670-0

M3 - Journal article

VL - 45

SP - 771

EP - 785

JO - Small Business Economics

JF - Small Business Economics

SN - 0921-898X

IS - 4

ER -