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The Times

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Smaller family companies are the unexpected innovation powerhouses in many countries in the world

  • Written by Vitaliy Skorodziyevskiy, Assistant Professor of Management and Entrepreneurship, University of Louisville

Close your eyes and imagine a world where the most innovative companies aren’t big tech giants but family-run businesses. Now open your eyes, because you don’t have to imagine it: It’s reality.

That’s what ourteamofbusinessexperts found in a recent global analysis of research into family-owned and family-run firms.

When we...

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