University of North Carolina at Chapel Hill. Institute of Applied Business and Economic Research.

On 1 August 1971, the Institute of Applied Business and Economic Research was established in the University of North Carolina at Chapel Hill School of Business Administration. With Wachovia Professor of Banking Clifton H. Creps, Jr., as director and funded by grants from the Economic Development Administration of the United States Department of Commerce, the Institute's goal was the stimulation of and the support for research dealing with the business and economic problems of North Carolina and the Southeast in general. During its three-year existence, the Institute coordinated and supported eleven major research studies as well as aiding academic research with summer stipends.

From the guide to the Institute of Applied Business and Economic Research of the University of North Carolina at Chapel Hill Records, 1971-1974, (University of North Carolina at Chapel Hill. Library. University Archives.)

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