The Great Recession of 2008 came with a counterintuitive twist – the unprecedented growth of minority-owned small businesses in the U.S. But although the data shows that the representation of minority firms in the small business ecosystem increased from 2007 to 2012 while the percentage of white-owned firms decreased, the larger question is whether those minority firms also made headway toward achieving equity or parity with white-owned businesses.
With economic growth can come growing pains, such as an increased cost of living and displacement of local businesses. An NCGrowth report examines how communities with a large manufacturer can minimize those pains.
U.S. President Donald Trump’s administration has recently ramped up efforts to keep immigrants from entering the country and force out some who are already here – arguing these to be necessary measures to contain the spread of COVID-19 and protect American jobs. However, in this Kenan Insight, we summarize why these policies risk having exactly the opposite effect, harming the future health, social well-being and economic viability of our nation.
Does the quality of startups increase when the quantity drops? Does entrepreneurial experience help or hurt a corporate job candidate? Do diverse teams make for better startups? The 2022 Trends in Entrepreneurship report brings together our global network of affiliated experts to address these questions and more – with key findings highlighted in this week’s insight.
The coronavirus pandemic has been especially traumatic on our country’s African American working poor. From being disproportionately concentrated in low-wage hospitality and service sector jobs to struggling with caregiving and food insecurity issues due to shuttered daycare facilities and food banks, working-poor African Americans are facing an inequitable share of financial, social and psychological challenges. What can be done to ease the burdens of working-poor African Americans, both during the pandemic and moving forward? In this Kenan Insight, Urban Investment Strategies Center Director and William R. Kenan Jr. Distinguished Professor of Strategy and Entrepreneurship Jim Johnson invokes a little-known federal program, the Southeast Crescent Regional Commission (SCRC), as part of a strategic response to providing a coherent, place-based development plan.
The new report from the Kenan Institute's American Growth Project takes a look under the hood at productivity - and which U.S. cities have been climbing up the productivity rankings.
Twice each year, NCGrowth showcases its clients, recent projects and upcoming work in a unique place. On Dec. 13, the North Carolina Zoo in Asheboro hosted the event. Attendees learned about Asheboro, Randolph County and the broader Triad economy, and recent NCGrowth projects – and got to visit with some of the zoo’s animal inhabitants.
The tremendous growth in cryptocurrency trading has included frequent pump-and-dump (P&D) schemes. The resulting volatility has raised both excitement and concern about exploitation and fraud. Unlike the stock market, where P&D schemes can last for months, in the cryptocurrency market the price and volume inflations last just minutes, making it is almost impossible for those not in the pump group to participate. P&Ds are organized through pump groups who communicate through heavily encrypted message platforms. Investors learn about the groups through ads on social media. Our research examines 500 cryptocurrency P&D schemes to better understand their timing, characteristics and impact. As cryptocurrency exchanges think about regulating P&Ds, our researchers seek to understand who is currently benefiting and what these “cryptobloggers” do to the health of the cryptocurrency market.
Fifth Third Bank and the Kenan Institute of Private Enterprise at UNC Kenan-Flagler Business School have launched Empowering American Cities, a program that delivers local economic information tailored for business leaders looking to grow their operations.
Discussions at the forum, sponsored by the Kenan Institute of Private Enterprise, ranged from the federal Opportunity Zones program to making the transition from angel to institutional investing.
...Award amounts are for up to 50 percent of a project’s budget. The maximum award amount is $10,000 (for projects with a $20,000+ budget). The Kenan Institute Small Research Grants...
A panel recap from last month's Future of Digital Assets Symposium analyzed how fintech may be able to help create a more inclusive financial system.
The global COVID-19 pandemic has been a recurring theme throughout the 2020 U.S. elections, and its health and economic consequences will be felt far beyond November 3. In this Kenan Insight, we look at both the challenges and potential opportunities the pandemic has created for accelerating innovations in healthcare delivery and pharmaceutical development.
For some years now, environmental, social and governance investing has stormed the asset management industry with explosive growth. Tighter and increased oversight may finally bring it back down to earth.
Seventeen states have enacted salary transparency laws to combat pay gaps historically experienced by people of color and women, but the laws take different forms and have produced varying results. How does requiring companies to provide summary salary statistics compare with, for example, preventing companies from asking applicants about their previous salaries? Can such laws actually work against employees? Two experts address these questions and more in this week’s Kenan Insight.
The EHR revolution has significantly transformed healthcare work and the flow of information, but it hasn't come without costs, measured in increased administrative burden and the accompanying stress for healthcare professionals. Can generative AI help?
Issues constricting the supply of workers, the sector-by-sector employment effects of a potential recession, the emergence of new technologies – these are the primary labor demand themes we’ll focus on in our 2023 grand challenge.
Real Estate investments continue to rise in importance in the alternative asset space. But much is still to be learned about their value and performance.