Family Businesses in Creative Industries
Family Businesses in Creative Industries
Author(s): Magdalena RatalewskaSubject(s): Business Economy / Management, Economic development
Published by: Społeczna Akademia Nauk
Keywords: creative industries sector; family business; entrepreneurship
Summary/Abstract: Family businesses are one of the most common form of doing business in the world. In many countries, they are a key source of economic growth and creation of employment. In Poland, family businesses represent more than 60% of all companies, providing nearly 2/3 of all jobs and generating 40% of GDP. Conducting generational business provides companies with the opportunity to build the distinctive identity, which in turn translates into a strong identification, really important in the anonymous world of business. It is also connected with variety of problems, associated with both business and family relationships, which are sometimes difficult to reconcile. The creative industries sector encompasses that kinds of business activity that have their origin in the individual creativity, skills and talent, with the potential to generate wealth and jobs through the creation and use of intellectual property. The paper aims to assess the value system prevailing in family businesses, operating in the creative industries sector and its role in the development or business failure of these companies. The paper is prepared on the basis of the available literature and reports on the topic under discussion.
Journal: Przedsiębiorczość i Zarządzanie
- Issue Year: 17/2016
- Issue No: 6.2
- Page Range: 189-200
- Page Count: 12
- Language: English