TY - JOUR AU - Kirsipuu, Maret PY - 2012/01/17 Y2 - 2024/03/29 TI - The role of family business in Estonian economy. Pereettevõtte rollist Eesti majanduses JF - Estonian Discussions on Economic Policy JA - TPEP VL - 19 IS - 1 SE - Articles. Artikeln. Artiklid DO - 10.15157/tpep.v19i1.429 UR - https://ojs.utlib.ee/index.php/TPEP/article/view/429 SP - AB - Family businesses have a remarkable role in the world economy; their role ineconomies has been investigated by many researchers. This paper seeks to study thefindings of research conducted over 2008…2011 in Estonia in the field of familybusinesses and family business entrepreneurs. This research attempts to definedevelopment and sustainability of family businesses in Estonian economy. AfterEstonia regained independence in 1991, private entrepreneurship started to develop,and many people, particularly in rural areas, set up a family enterprise. AfterEstonia’s accession to the European Union in 2004, family business activity boostedfurther still. Until 2007, family business activity was rather domestic marketfocused; after Estonia was acceded to the Schengen visa area, they started tosuccessfully sell products and services outside Estonia. The research findings can beused either for diversifying economic activity of family businesses or for investmentsupport or in other areas. This research definitely benefits to all enterprising peoplewho wish to become a family business entrepreneur and who wish to set up a strongand sustainable family business ER -