More than ** percent of those involved in the early stage of a start-up in India and Saudi Arabia stated that they did this to continue a family tradition. On the other hand, only **** percent of those involved in setting up a business in South Korea stated this as a motivation.
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GEM. (February 13, 2024). Share of people who started a business to continue a family tradition worldwide in 2023, by country [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 05, 2026, from /statistics/1367573/countries-worldwide-reasons-start-business-continuing-family-tradition-country/
GEM. "Share of people who started a business to continue a family tradition worldwide in 2023, by country." Chart. February 13, 2024. ÌÇÐÄÆÆ½â°æ. Accessed August 05, 2026. /statistics/1367573/countries-worldwide-reasons-start-business-continuing-family-tradition-country/
GEM. (2024). Share of people who started a business to continue a family tradition worldwide in 2023, by country. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 05, 2026. /statistics/1367573/countries-worldwide-reasons-start-business-continuing-family-tradition-country/
GEM. "Share of People Who Started a Business to Continue a Family Tradition Worldwide in 2023, by Country." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 13 Feb 2024, /statistics/1367573/countries-worldwide-reasons-start-business-continuing-family-tradition-country/
GEM, Share of people who started a business to continue a family tradition worldwide in 2023, by country ÌÇÐÄÆÆ½â°æ, /statistics/1367573/countries-worldwide-reasons-start-business-continuing-family-tradition-country/ (last visited August 05, 2026)
Share of people who started a business to continue a family tradition worldwide in 2023, by country [Graph], GEM, February 13, 2024. [Online]. Available: /statistics/1367573/countries-worldwide-reasons-start-business-continuing-family-tradition-country/