Nearly half of these companies have a yearly turnover of under $5 million. Led by Professor of Family Entrepreneurship Annie Koh, the study looks at how family businesses approach innovation.
SINGAPORE (Aug 17): A new survey on Singapore family businesses reveals that these businesses found it challenging to grow in spite of Singapore’s small market size.
The study conducted by the Singapore Management University’s Business Families Institute (BFI@SMU) surveyed 83 family firms in Singapore between December 2018 and May 2019.
