University of Vermont

University Communications

UVM Business Professor Quoted in Financial Times

Professor of family business Pramodita Sharma offers her insight to Financial Times in an article questioning the emphasis placed on individual entrepreneurship in business schools and popular culture. Sharma cites research that shows β€œ77 percent of new ventures start as family businesses and another 3 percent become family businesses within two years of being established.” Family businesses, she believes, should therefore hold a more prominent place in the academic and cultural arenas, and they are beginning to: β€œThe negative bias against nepotism is clearing,” Sharma says. Read the story...