Dr Yong Wang, Reader in Family Business & Entrepreneurship at the University of Wolverhampton Business School, was awarded the 10,000 Euro Ernst & Young bursary for 2011.
He said: “I was honoured and delighted to be awarded this bursary. EYRB (Ernst & Young Research Bursary) is supporting one research project this year and this is the first time Ernst & Young has collaborated with the International Family Enterprise Research Academy (IFERA) to support family business research.
“The competition was truly international and intensive. In addition, given the fact that many regional and national funding initiatives have been closed up and research funding opportunities are scarce in the market, this funding is so much more valuable.”
In 2011, IFERA collaborated with Ernst & Young to launch the EYRB. The scheme calls for research grant proposals which seek to promote the advancement of family business by encouraging rigorous research that has practical relevance.
Dr Wang, who is a member of the IFERA, said he is especially pleased with the impact his research will have not only in his field of study but also on the University’s international status.
He added: “IFERA has members across the world from internationally leading universities. The EYRB award for my proposal, the most significant award at the IFERA Annual Conference at Sicily, effectively promoted the University of Wolverhampton and its Business School on an international level.”
IFERA, the International Family Enterprise Research Academy, is dedicated to fostering a network of academics, business owners and practitioners committed to supporting the family business field.
Ernst & Young is one of the largest professional services firms in the world, and one of the 'Big Four' accountancy firms along with Deloitte, KPMG and PriceWaterhouseCoopers.
For more information please contact Vickie Warren in the Media Relations Office on 01902 322736