Abstract
The aim of this paper is to explore the relationship between the literature on family firms and actual movements in economic policy and activity. We argue that economic policy changes accordingly to changes in family firms-related literature and employ an econometric analysis to test the assumed association. The outcomes of empirical analysis indicate, as we expected, that an effect of discussions related to family firms in the literature on economic activity indeed exists. The findings would help us have a better understanding of the patterns in the family firms-related literature, and strongly contribute to the policymakers’ perception on family firms. Furthermore, this work also makes an important contribution to the field of entrepreneurship and practitioners. More to the point, entrepreneurs could implement the best entrepreneurship activities at the suitable time by sensing the changes in the family firms-related literature.
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