FACTORS OF FAMILY BUSINESS GROWTH IN RUSSIA: LITERATURE REVIEW AND FUTURE RESEARCH DIRECTIONS

Abstract

Structural changes in the Russian economy contribute to the development of entrepreneurship, i.e. family entrepreneurship. This article analyzes the work of domestic and foreign scientists on the functioning and development of family business. The key factors of family business growth include development of family business culture, involvement of family members in management, ensuring business continuity, innovative development, and internationalization of business.

Keywords

• family business
• entrepreneurship
• growth factors
• development barriers
• management
• innovations
• management
• family business growth