The Kenan Institute of Private Enterprise at the University of North Carolina at Chapel Hill will host a virtual conference on machine learning in finance on March 5, 2021. The conference is co-sponsored by the Journal of Financial Econometrics (JFEC) and the International Center for Finance (ICF) at Yale University.
This paper examines the cross-university variation in spin-off activity by faculty members from 124 US academic institutions, using a unique database including data on founders of both formal and informal spin-offs. Accordingly, the rate of spawning founders is positively affected by the quality of the institution and its departments, the R&D expenditure of the institution, and the strength of the local cluster.
Participants include Jim Goldman, Assistant Professor of Financial Economics, University of Toronto; Eva Steiner, Associate Professor of Real Estate, Penn State University; Jay R. Ritter, Joseph B. Cordell Eminent Scholar, Warrington College of Business, University of Florida; Allyson Tucker, Chief Investment Officer, Washington State Investment Board; Michael Elio, Partner, StepStone; Christian Lundblad, Richard Levin Distinguished Professor of Finance, Director of Research, Kenan Institute of Private Enterprise; Matt Harvey, Managing Director, Head of Direct Lending, PGIM Private Capital; and David Sambur, Apollo Global Management, Inc.
Associate Professor, Economics Department, University of North Carolina at Chapel Hill
Associate Professor and Sarah Graham Kenan Scholar, UNC Kenan-Flagler Business School
In our previous Kenan Insight, we outlined the major findings in our recent report, Seven Forces Reshaping the Economy. This week, we explore how the COVID-19 pandemic has upended education and childcare, ushering in changes to both that will last far beyond the current crisis.