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Economic Contributions to Regional Economy of Home-based family Businesses  

Kim Hyun-Jung (Dept. of Consumer Science and Human Development, Ewha Womans Univ.)
Joung Soon-Hee (Dept. of Consumer Science and Human Development, Ewha Womans Univ.)
Yuh Yoon-Kyung (Dept. of Consumer Science and Human Development, Ewha Womans Univ.)
Publication Information
Journal of Families and Better Life / v.23, no.1, 2005 , pp. 53-63 More about this Journal
Abstract
Purpose of this study was to examine economic contributions to regional economic of home-based family businesses. Results showed that home-based family businesses create additional employments within the region, contribute to taxation of the regional economy, and improve regional financing. In addition, home-based family businesses do contribute to regional economy through consuming goods and services within the region and providing goods and services to the region. Through analyzing economic contributions to regional economy of home-based family businesses, it can be suggested that strong support for the home-based family businesses is needed for growth of the regional economy.
Keywords
home-based family businesses; regional economy; economic contributions; regional financing;
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