How many family businesses are there really and does ICT and innovation improve their performance?

dc.contributor.authorMacFeely, Stephen
dc.contributor.authorO'Brien, Caitriona
dc.date.accessioned2020-01-15T12:56:03Z
dc.date.available2020-01-15T12:56:03Z
dc.date.issued2013-02
dc.description.abstractDepending on the source, a reader may be left with the impression that Family Businesses (FBs) typically account for between 75% and 95% of all enterprises operating in an economy. This study, using official structural business statistics from Ireland, suggests that in fact family businesses may account for a considerably smaller share of the business economy, something closer to 46%. This paper attempts to explain how such a discrepancy can arise. Using the Annual Services Inquiry compiled by the Central Statistics Office (CSO) as the anchor dataset, micro data are linked to the e-Commerce and ICT survey, Community Innovation Survey and VAT registrations datasets in order to determine whether labour productivity in Family Businesses (FBs) is significantly different to that of Non-Family Businesses (NFBs) and if Information and Communication Technologies (ICT) or innovation has an impact. The paper also highlights the significant impact that Foreign Direct Investment (FDI) makes to the Irish economy. This analysis is particularly relevant for a small open economy like Ireland where 31% of traded services GVA and 15% of employment is generated by multinational enterprises.en
dc.description.statusPeer revieweden
dc.description.versionPublished Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationMacFeely, S. and O'Brien, C. (2013) 'How Many Family Businesses Are There Really and Does ICT and Innovation Improve Their Performance?', Chinese Business Review, 12(2), pp.137-149.en
dc.identifier.doi10.17265/1537-1506/2013.02.008en
dc.identifier.endpage149en
dc.identifier.issn1537-1506
dc.identifier.issued2en
dc.identifier.journaltitleChinese Business Reviewen
dc.identifier.startpage137en
dc.identifier.urihttps://hdl.handle.net/10468/9515
dc.identifier.volume12en
dc.language.isoenen
dc.publisherDavid Publishingen
dc.rights© 2013 David Publishing Company. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International Licenseen
dc.rights.urihttps://creativecommons.org/licenses/by-nc/4.0/en
dc.subjectProductivityen
dc.subjectForeign Direct Investment (FDI)en
dc.subjectSole traderen
dc.titleHow many family businesses are there really and does ICT and innovation improve their performance?en
dc.typeArticle (peer-reviewed)en
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