The text is referring to a study or assessment conducted by Escriva that evaluates the importance and impact of family-owned businesses on the economic sustainability of a country or region.

Minister of Inclusion, Social Security and Migration Jose Luis Escriva participated in the official opening of the XXVI National Congress of Family Businesses. He noted the "absolutely decisive contribution" of family businesses to the resilience of the Spanish economy and stressed that entrepreneurs' response to "social crises" has always been "outstanding, quick, and direct." Escriva expressed his reflection in Bilbao at the official opening of the XXVI National Congress of Family Business, which was also attended by King Felipe VI and Prime Minister Inigo Urkullu.

The congress assembly, in which more than500 family entrepreneurs from all over Spain participated, takes place on Monday and Tuesday, October24th, at the Euskalduna building. The congress was organized by the Institute of Family Entrepreneurship (IEF) in collaboration with the Basque Family Entrepreneurship Association (Aefame), and with the support of Banco Santander and KPMG.

In his speech, Escrivá praised the "triple recognition," the first of which was the ownership structure represented by a family business that has "successful entrepreneurial projects around the world." "Examples of value creation and innovation are usually associated with the ownership structure you represent in the overwhelming majority of cases," he added.

Moreover, he wanted to highlight their "absolutely crucial contribution" to the "resilience" of the Spanish economy in recent years in the context of "obviously unprecedented complexity," mentioning the pandemic, the war in Ukraine and its consequences, as well as the "challenging" international situation. Emphasizing that this resilience is consistently reflected in international organizations, he added that there are some "special elements" in it, one of which is job creation, in which Spain "stands out from neighboring countries." "In the last three years, you have created over 900,000 net jobs," Escrivá emphasized.

A thousand jobs a day. Moreover, he pointed out that this happened in sectors of "great innovation" with "the best salaries" and emphasized that more than a thousand jobs are created each day, which is "truly a remarkable result." "And, in addition, you did this in the most challenging way, expanding into external markets, exporting, where you really need to compete with innovation, you need to compete with entrepreneurship," he emphasized.

The minister reminded that 15 years ago, the level of exports in relation to Spain's GDP was lower than that of France or Italy, and today Spain "significantly surpasses" them.

The minister stated that the efforts required to transform internal demand into external demand have made enterprises "mostly self-financing, with retained earnings," which is indeed commendable. His latest acknowledgment was the "increasingly emphasized focus" that family businesses place on "social responsibility and contributing to the creation of a more cohesive society," a value that is "common" to all Europeans. Escrivá pointed out that in times of crisis, the "best and worst in each person" becomes evident, and in this regard, he emphasized that Spanish entrepreneurs have always been "outstanding, quick, and straightforward" in response to "several social crises in Spain." "Thank you for that as well," he stated.