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Article: The Institute for Family Business at Baylor University. (Symposium: Family Business)
- Article from:
- Review of Business
- Article date:
- June 22, 1991
- Author:
CopyrightCOPYRIGHT 1991 St. John's University, College of Business Administration. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Institute for Family Business at Baylor University
Family businesses are the predominate organizational form in the United States. A number of programs have been developed to assist families manage their firms. The University-affiliated program can play a critical role in both the areas of practitioner research and professional development. This paper discusses the development of such a program and the contributions it makes to the continuity and success of family-owned firms.
It is estimated that over 90 percent of the businesses in the United States are family-owned or controlled; they contribute over half of the GNP and are responsible for a ...