Archive for the ‘old knowledge’ Category
Undoubtedly family business represents the most lasting type of business. The expert in family business, Professor Willian O’Hara, in one of his books mentioned about family business the following: “Before the multinational corporation, there was family business. Before the Industrial Revolution, there was family business. Before the enlightenment of Greece and the empire of Rome, there was family business.”
The oldest UK company in the list is Brooke’s Mill in Yorkshire which dates back to 1541. It is still owned by the same family but is no longer a wool mill, nor do the buildings date to 1541. These days it is a “Heritage Office Park”. The name, family and location persist but everything else has changed.
“Academic researchers are starting to examine that question by taking an unusual tack: exploring the parallels between online social networks and tribal societies”