While technological advances have traditionally been a boon to the U.S. economy, the rapid rise of new platforms and the increased financialization of the economy in recent years have encouraged the growth of monopolies—driving an ever-widening geographic gap in the distribution of income across the country. New research from the Kenan Institute’s Professor Maryann Feldman explores the ramifications of this growing divide.
We document what fraction of the housing stock in US cities is affordable to different family types. Rather than looking at what fraction of their income people actually pay in rent in each city, which reflects a mix of households’ ability to pay and supply conditions, we look at the extent to which the housing stock is affordable using discrete housing expenditure share cutoffs and the distribution of rents in the American Community Survey from each city.
We document what fraction of the housing stock in US cities is affordable to different family types. Rather than looking at what fraction of their income people actually pay in rent in each city, which reflects a mix of households’ ability to pay and supply conditions, we look at the extent to which the housing stock is affordable using discrete housing expenditure share cutoffs and the distribution of rents in the American Community Survey from each city.
In its Changing America section, The Hill explored the institute’s American Growth Project and the variables driving the rankings of the fastest-growing U.S. cities, as well as the outlook for the future.
The institute’s first American Growth Project report suggests that downtown San Francisco had to take a major hit from the shift to working from home so that its surrounding metro area could thrive, Fortune's Prarthana Prakash writes.
The United States may be a highly productive society as a whole, but regionally results vary widely. Institute Chief Economist Gerald Cohen discusses the success stories and trends identified from our American Growth Project study of the top producing cities.
Soon after releasing the American Growth Project’s February report on projected economic growth for U.S. midsize cities, we realized several places near the top of our rankings featured prominently in songs. Naturally, a playlist was born.
CREATE Faculty Director and UNC Public Policy Professor Maryann Feldman recently served as a panelist examining conditions for technology-based economic development. While speaking to the President’s Council of Advisors on Science and Technology Sept. 29, Feldman cautioned against treating universities as lynchpins in the effort to drive regional innovation—noting reforms are needed to help university technology transfer offices recoup operating costs—and strongly advocated for new financing models to spur economic development in areas lacking venture capital support.
This case study describes the entrepreneurial ecosystem in Durham, North Carolina – the people and organizations primarily located downtown who embrace this mission.
Jim Johnson presented at the North Carolina Local Government Budget Association's 2017 Summer Conference in Wilmington about signs of global aging, key drivers, and opportunities for economic development.
This paper exploits policy discontinuities at U.S. state borders to examine the effect of R&D investments on innovative projects. We examine the Small Business Innovation Research (SBIR) State Match program.
Greg Brown, executive director of the Kenan Institute, has been named to Governor Roy Cooper’s new North Carolina Entrepreneurial Council, established to support policies that encourage entrepreneurship, foster economic development, and support sustainable, high-quality jobs. Brown joins Kenan Institute Board of Advisors member Thom Ruhe as the second institute member on the council.
North Carolina Governor Roy Cooper has appointed Tom Kenan to the Executive Mansion Fund Incorporated Board of Directors. Kenan is director of Flagler System, Inc. and serves on the UNC-Chapel Hill Kenan-Flagler Business School Board of Visitors. He is also a trustee of the William R. Kenan, Jr. Charitable Trust and Fund Director.
The case study "Electronic Financial-Advisor for Tech Savvy" (EFforTS, or Efforts) examines a Robo-Advisor start-up based in Raleigh, North Carolina, founded by tech-industry entrepreneurs. Efforts developed an algorithm-based online investment platform tailored for technology professionals, gaining attention through successful social media marketing.
Mark Little, executive director of the Kenan Institute affiliated center CREATE and co-founder of NCGrowth, appeared on the Friday, Feb. 21 episode of WTVI PBS Charlotte's "Carolina Business Review." Mark discussed economic development across the Carolinas with with Jeff Ruble, Richland County, South Carolina director of economic development; Pat McCrory, former North Carolina governor; and host Chris William. Watch the full episode here.
Greg Brown, executive director of the Kenan Institute, spoke with ABC 11 (WTVD) News about LinkedIn’s workforce confidence survey. The survey shows that North Carolina workers’ confidence in workplace safety dropped 10 points from May to June — which Brown said is not surprising.
As North Carolina's entrepreneurs, industries and communities move forward amidst COVID-19, Kenan Institute affiliated center NCGrowth is helping to make sure they have the tools to succeed when business can fully re-open again.
As long-standing leaders in sustainability, the Center for Sustainable Enterprise and the Kenan Institute of Private Enterprise are proud to host the University of North Carolina Sustainability Awards. These awards recognize the leadership of North Carolina Business in protecting and promoting the state’s natural resources.
Total funding in North Carolina hit a record $3.4 billion in 2020 with the potential to hit $4 billion in 2021, along with a 10% increase in the number of companies funded, but it’s often a challenge to get cash cycled into new companies and new investments.
In a recent ABC-11 news feature, Kenan Institute Executive Director Greg Brown weighed in on the proliferation of new businesses formed in North Carolina during the COVID-19 pandemic.