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Why Family Businesses Come Roaring out of Recessions

Harvard Business Review

To answer that question, we compared the performance of 148 publicly listed family-owned companies between 2000 and 2009 with that of 127 non-family businesses using Standard & Poor’s Compustat database. Of course, the National Bureau of Economic Research classified two (2001 and 2008) of those 10 years as recession years.

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Filing for a Patent Versus Keeping Your Invention a Trade Secret

Harvard Business Review

Wyeth, a pharmaceutical acquired by Pfizer in 2009, was the sole supplier of Premarin. A series of patents were issued on the drug in the 1940s, but long after they had expired, there were still no generic competitors on the market. This change may further tip the balance for more reliance on secrecy for certain innovations.