It might seem like doom and gloom will consume the global economy, but business schools are doing their best to support local businesses.

By May, the number of small businesses in the US failing to turn a profit had surpassed levels witnessed during the 2008 financial crisis, with the figure reaching 42% of all companies in the Russell 2000 index of small-caps. Meanwhile, in the same month on the other side of the Atlantic, it was reported that almost half of all UK firms would run out of money within six months, with the Office of National Statistics (ONS) recording that only 27% of

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