Companies perform better and are more innovative when their founders maintain significant roles as CEO, chairman, board member or owner, according to a paper published earlier this year by researchers from Purdue University. The study of Standard & Poor’s 500 companies found that such firms tend to generate 31pc more patents than companies in which the founder does not have a significant role.

(Source: Harvard Business Review)

Published in Dawn, Business & Finance weekly, May 30th, 2016