You are invited to the next Connected Conversations – Family Businesses Contribution to the U.S. Economy: A Closer Look, on Wednesday, April 14 at 12:00 EDT. We have all been asking for these updated research numbers, and here they are finally.

A quarter of a century since the publication of bull’s eye framework, the 2003 update to “Family Businesses Contribution to the U.S. Economy” is still one of the most cited papers when it comes to the impact of family businesses on the overall U.S. economy.

In 2020, Torsten Pieper and a team of researchers decided to revise and improve the original findings of Astrachan and Shanker (2003) on the basis of more recent data. These findings measure the influence of family businesses across three categories, defined by the degree of family involvement in the businesses. As research on family businesses has developed greatly over the past decades, there was a strong likelihood that Torsten and his team could derive the update on recent data from extant empirical research. However, that assumption was disproved after an examination of the existing literature. As a consequence, this present update relies in part on empirical data collected specifically for this purpose. With support from Family Enterprise USA, this research is timely and critical in the face of a global pandemic and dramatic economic disruptions over the past 20 years.

Date and time:

  • Wed, Apr 14, 2021
  • 12:00 PM – 1:00 PM EDT (GMT-4)

We hope you can join us as this webinar is free and open to all. Please feel free to forward to your networks as well.

Policy and Taxation Group is your voice in Washington on economic freedom. We advocate for policies that allow American families to fully enjoy the economic liberties and benefits of a robust free market unique to our nation. For over 25 years, we have been the loudest voice in the nation’s capital on eliminating the death tax. This ill-conceived tax has a destructive impact on families, family businesses, job creation, and the national economy.