Family Business Database Provides Insights into the Economic Landscape
Introduction
Since 2017, the ifo Institute has been collecting key shareholder data for the Stiftung Familienunternehmen, which translates to Family Business Foundation. The FamData database now includes information on over 12,000 companies, along with survey results from various sources. This rich dataset offers valuable insights into the economic landscape, encompassing both family-owned businesses and non-family-owned enterprises across various sizes and sectors.
Key Findings
According to a survey conducted by the Munich-based ifo Institute and the Stiftung Familienunternehmen, 43 percent of businesses reported experiencing difficulties in passing on their business to the next generation. This highlights the ongoing challenges faced by family-owned companies in ensuring a smooth succession process.
Database Features
The FamData database stands out for its comprehensive scope and granular detail. It captures data on:
- Company ownership structures
- Investment strategies
- Succession planning
- Digitalization efforts
- Economic outlook and expectations
Applications of FamData
The FamData database serves as a valuable tool for researchers, policymakers, and business leaders seeking to understand the dynamics of family businesses. It aids in identifying trends, assessing economic risks, and developing policies that support the growth and prosperity of family-owned enterprises.
Conclusion
The FamData database represents a significant contribution to the field of economic research. Its extensive data collection and analysis offer a wealth of insights into the operations and challenges of family businesses. The database empowers researchers, policymakers, and business leaders to make informed decisions and nurture the growth of this important sector of the economy.
For more information on the FamData database, please visit the following resources:
Comments