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Family Businesses - Long-Term Investment

Family businesses play an important role in the global economy. They represent a large portion of businesses, contribute to employment and economic growth, and are often considered more resilient to economic shocks than non-family businesses. The new "Family Business - Long-Term Investment" chair at the University of Paris-Dauphine - PSL conducts original research on family businesses. The team is engaged in academic research on a topic that has been little explored due to the scarcity of information available at the firm and individual levels. Firm and employee level databases allow for a better understanding of these firms and a more detailed analysis of their performance compared to other non-family businesses.