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"These organizations are the engine of the Spanish economy"
The family business is the real engine of the Spanish economy.
Almost three-quarters of private jobs created in Spain are made within it, and the money charged by these companies produce two-thirds more jobs per million euros than that achieved in other companies.
These are some of the data they have provided today participants in the presentation of "The Family Business in Spain 2015", the largest such study has been done to date in the world, which took place on Tuesday 25 October at the Rector of the University of Murcia
The study was sponsored by the Institute for Family Business, and the presentation was chaired by Francisca Tomás Alonso, Vice Chancellor Transfer, Entrepreneurship and Employment at the University of Murcia, which has been accompanied by Alejandro Diaz Morcillo, Rector of the Polytechnic University of Cartagena;
Marian Cascales Sanchez, President of the Murcia Association of Family Enterprise (AMEFMUR);
Juan Francisco Corona, Director of Studies and Director of the Institute of Family Business;
Jerome Sanchez Delgado, Commercial Director at Banco Santander Murcia, and Angel Luis Cerdan Meroño study co-author and director of the Family Business Chair Mare Nostrum UM-UPCT.
The world 's largest study on Family Business
Juan Francisco Corona, Study Director said that it is the "most ambitious study ever done on the family business not only in Spain but in the world."
He explained that studies on family business are complex because they are often not registered as such in any Commercial Register, which brought as a consequence that previous studies were based on statistics made on a sample that reached the 2500 total maximum.
"We contend said something different: a sweep of the total with an individualized analysis."
"That, he continued it has only been possible thanks to the existence of the Network of Chairs of Family Business in Spain, recognized as the world's largest", and with the support of Banco Santander.
To carry out the complex project, a methodology that did not exist at that time, in which they have worked a total of 90 professors from the Chairs network and have already requested from the European Commission for use raised.
The study, rigorous so wide, "has been praised by King Felipe VI himself," said Corona, who added that this is a landmark study that opens paths and "have used to get in Europe can be identified more easily family businesses, which would lead to many more studies do ".
The director added that "It is the most important study on family business that has ever been done, and is a landmark in the world. And we have done in Spain," he added.
The study collects data from almost 250,000 companies in Spain, so the results are absolutely reliable.
The engine of the Spanish economy
The director of the Institute for Family Business indicated that 90 percent of companies that exist in Spain are family businesses, ie, which are created and governed by family members.
He added that 60 percent of private production in Spain comes from family-owned businesses, and 70 percent of private employment is supported by them.
"These data indicate that private companies are said the crucial element of the economy of a country, ie its increase will result in job creation for Spain".
Something that shows, in its view other enormously enlightening fact: the fact that family businesses employ 5'1 employees per million euros turnover, while the remaining companies employ only 3 employees, which in Corona trial demonstrates, once again, that "family businesses are holding the country because they provide 60 percent of economic activity."
Murcia, head in Family Business
Meanwhile, Angel Luis Meroño Cerdan, study co-author and director of the Family Business Chair Mare Nostrum UM-UPCT, referred to specific figures of family businesses in the Region of Murcia, and said that, generally speaking, regional figures that throws the study, are above the Spanish average.
Thus, while in Spain these companies account for 89 percent of the total, in Murcia are the 92'5, an amount surpassed only by Castilla-La Mancha.
On the other hand the weight in the economy of the family business is 57 percent for Spain, while in Murcia of 82%.
Another interesting fact is the employment generated by family businesses, which nationwide is 67 percent while in Murcia is above 85 percent.
Murcia is also head another major indicators the Gross Value Added.
The Murcian family business is one that generates more private use of Spanish communities.
Marian Cascales Sanchez, President of the Murcia Association of Family Enterprise (AMEFMUR), stressed in his speech that all "these data reaffirm us the importance that represents the family business in Spain, since two out of three jobs the offer in Spain these organizations, "adding that" the Family Business is the engine of job growth and development for Spain ".
Meanwhile, Jerome Sanchez Delgado, Director of Sales at Murcia Banco Santander, highlighted the importance of this work, the largest conducted to date on "the family business in Spain, which is the backbone of the Spanish economy", and he said "We believe that the future economic growth and job creation in the hands of the Family Business".
The Vice Chancellor Transfer, Entrepreneurship and Employment at the University of Murcia, Francisca Tomás Alonso, stressed in his speech the "important role" played in this important study by the Inter-University Chair of Family Business Mare Nostrum University Polytechnic Murcia-University of Cartagena, part of the writing team with the Chairs of Seville and Cantabria, and highlighted the "extraordinary value of this study," which "allows us to know, for the first time, the specific weight of the family business in the whole economy Spanish and in each of its regions, "while highlighting the rigorous methodology of the study and the fact that the Region of Murcia is placed at the head of the group of regions where the contribution of the family business is higher.
Finally, Alejandro Diaz Morcillo, Rector of the Polytechnic University of Cartagena, congratulated the creators of this "full report" and said that "the answers given this analysis are very encouraging in terms of power as an economic engine that has the Enterprise family in the Spanish economy. "
He added that "Family businesses are called to improve innovation to be competitive, and this will be possible with the university," adding that "we are professionals and universities generate knowledge, and this should be useful for companies".
Source: Universidad de Murcia
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