A new article in the Federal Reserve Bank of Richmond’s quarterly newsletter, Econ Focus, discusses the spillover effects of U.S. monetary policy on the economies of other countries. The article cites research conducted by Kenan Institute Director of Research Christian Lundblad, UNC Kenan-Flagler Business School Professor of Finance and UNC-Chapel Hill Professor of Economics Anusha Chari, and UNC graduate student Karlye Dilts Stedman on the effects of U.S. monetary policy shocks on emerging market countries over a period of 22 years.
How do cities attract mobile firms? The answer, frequently, involves beer. Dr. Maryann Feldman has recently published an editorial describing how cities are increasingly selling themselves on quality of life metrics, talent, and trendy amenities that appeal to young professionals. Responding to Amazon’s HQ2 contest, cities across the country listed breweries among their city’s assets while wooing the technology giant. The article is based on a paper that three of her students wrote under her guidance, and the inspirations for which evolved out of a seminar Dr. Feldman taught on science and technology policy.
Focusing on the incubation stage of a potential new industry, this article addresses a gap at the intersection of the external sourcing and market entry literatures by examining pre‐entry external sourcing of new resources.
Kenan Institute Senior Faculty Fellow Anusha Chari’s work, which was highlighted at the American Economic Association (AEA) meeting on Jan. 6., was cited in a recent article in The Economist. Chari also spoke recently about her findings with The Chronicle of Higher Education.
Long depicted as a global melting pot, the United States is home to a collection of sharply divergent geographies, regions and cultures. An overlooked measure of our diversity, however, is economic. While national statistics tell a story of averages, they fail to account for the true drivers of economic expansion and contraction. It is only upon examining America’s microeconomies – our cities, towns, suburbs and rural communities – that we can begin to appreciate the myriad and complex determinants of broader U.S., and sometimes even global, economic trends.
From April 23 through April 25, 2018, the Kenan Institute of Private Enterprise was proud to co-host the Black Communities Conference: A Conference for Collaboration at the Carolina Theatre of Durham, N.C. The event was put on by the institute’s affiliated center, NCGrowth, the Institute for African-American Research, the Southern Historical Collection and the Center for the Study of the American South.
After years of decline, increases in American youth tobacco usage have pushed the tobacco control debate back into the forefront of the public health conversation. Youth tobacco use increased from 2011 to 2018, largely driven by e-cigarette usage, which grew from 1.5% to 20.8% of American high school students, representing an increase of 2.83 million adolescents. Despite extensive evidence that e-cigarette chemicals cause morbidity including immediate, harmful changes in endothelial function in healthy nonsmokers, 72% of teenage e-cigarettes users believe e-cigarettes cause some, little, or no harm.
The Kenan Institute is proud to launch the American Growth Project, a new initiative providing up-to-the-minute economic data, analysis and forecasting for towns, cities and counties across the country.
UNC Kenan-Flagler Business School Professor Camelia Kuhnen was among a group of economists who answered questions for a survey on stakeholder capitalism by the Initiative on Global Markets at the University of Chicago Booth School of Business. Considering one statement – “Effective mechanisms for boards of directors to ensure that CEOs act in ways that balance the interests of all stakeholders would be straightforward to introduce” – Kuhnen objected strongly
Society faces a series of major problems, such as climate change, which require transformative technological change as part of the solution. From our 2022 Frontiers of Entrepreneurship Conference, MIT Sloan School of Management Professor Jacquelyn Pless, Duke University Professor Emeritus Eric Toone and Kenan Institute Chief Economist Gerald Cohen explore the potential and limits of entrepreneurship in solving these problems.
Digital assets' highs and lows of 2022 served as a backdrop for a two-day event in Washington, D.C., hosted by UNC’s Rethinc. Labs, an initiative of the Kenan Institute of Private Enterprise, in partnership with the Milken Institute and Duke University’s Fuqua School of Business.
Maryann Feldman, director of CREATE Prosperity, discussed her work on building an entrepreneurial startup database with data from across North Carolina at the NC Entrepreneurial Ecosystem Summit on Monday in Raleigh.
On October 27, 2017 the Frank H. Kenan Institute of Private Enterprise (Kenan Institute) hosted The Business of Healthcare: Adapting to an Aging Economy at UNC Kenan-Flagler Business School in Chapel Hill, North Carolina. The conference brought together more than 100 attendees representing the diverse interests and perspectives of health care and elder care organizations, medical and pharmaceutical companies, patient advocacy organizations, government agencies and the academic research sector.
On May 14, 2018, roughly 75 people gathered at the Rizzo Center in Chapel Hill for the 2018 North Carolina Tax Reform Summit. The event was hosted by the UNC Tax Center, an affiliated center of the Kenan Institute of Private Enterprise.
A new study estimates that more than 3,600 children in North Carolina have lost a caregiver due to COVID-19. Urban Investment Strategies Center Director Jim Johnson believes communities haven’t started to process just how much these losses have impacted them.
On October 14, 2016, the Frank Hawkins Kenan Institute of Private Enterprise at the University of North Carolina Kenan-Flagler Business School hosted a conference titled What’s Next, America. Convened fewer than four weeks prior to the presidential election, the objective of the forum was to allow influential business leaders, academics and policy makers to examine issues critical to the U.S. economy now and in the future. The conference offered actionable solutions to the most important economic issues facing the next administration.
Providing solutions to critical economic issues facing the Trump Administration is the focus of a new report from the Frank Hawkins Kenan Institute of Private Enterprise at the University of North Carolina Kenan-Flagler Business School.
“Entrepreneurship as a field is remarkably multidisciplinary,” said Paige Ouimet, an associate professor of finance at the University of North Carolina-Chapel Hill’s Kenan-Flagler Business School. “I think we all know this. Just look around the room.”
Like anyone trying to get something done with limited time and resources, economic developers have a lot of options to weigh when formulating a strategy to attract and retain businesses in their local economy. Over the years, economic development researchers have espoused a succession of theories as they’ve learned more about the many factors that influence economic growth. Historically, practitioners have tended to respond by focusing their efforts around what they perceive as the latest and greatest thinking, often at the expense of previously favored approaches. In practice, this has led to waves in which economic developers have focused on recruiting large, established companies or on fostering home-grown start-ups—but rarely both.
On Wednesday, Feb. 5, Maryann Feldman, Heninger Distinguished Professor in the Department of Public Policy at the University of North Carolina, adjunct professor of finance at UNC Kenan-Flagler Business School and director of the Kenan Institute-affiliated center CREATE, testified before the Subcommittee on Research and Technology, part of the U.S. House of Representatives Committee on Science, Space, and Technology. The hearing, titled "America's Seed Fund: A Review of SBIR and STTR," discussed the role of the Small Business Innovation Research (SBIR) program and Small Business Technology Transfer (STTR) program in helping to move the results of federally funded research into commercial development and generating new economic growth.