This paper presents the development, validation, and implementation of a data-driven optimization model designed to dynamically plan the assignment of anesthesiologists across multiple hospital locations within a large multi-specialty healthcare system. We formulate the problem as a multi-stage robust mixed-integer program incorporating on-call flexibility to address demand uncertainty. The optimized dynamic staffing plan has been successfully implemented in the University of Pittsburgh Medical Center healthcare system, leading to estimated annual cost savings of 12\% compared to current practice, or about \$800,000 annually.
PERC returns to Oxford University’s Saïd Business School on May 16-17, 2024 for the Private Equity Research Consortium Oxford Research Symposium.
Often the story of successful places is predicated on the story of an individual who was instrumental in creating institutions and making connections that were transformative for a local economy. Certainly this is the case for Silicon Valley in California and Fred Terman, the Dean of Engineering at Stanford University, USA, who offered his garage to his students, Hewlett and Packard, and encouraged other start-ups. Or George Kozmetsky, the founder of Teledyne, who created the Institute for Innovation, Creativity and Capital (IC2) and mentored over 260 local computer companies in Austin, Texas. Any reading of the lives of these individuals highlights their connection to community and motivations beyond making profits.
This study explores the process of organizational change by examining localized social learning in organizational subunits. Specifically, we examine participation in university technology transfer, a new organizational initiative, by tracking 1,780 faculty members, examining their backgrounds and work environments, and following their engagement with academic entrepreneurship.
Institute for Private Capital Research Director Greg Brown, UNC Kenan-Flagler Ph.D. candidate Matteo Binfarè, Darden School of Business Professor Bob Harris and UNC Kenan-Flagler Professor Christian Lundblad's latest paper is the recipient of the Two Sigma Award for the Best Paper on Investment Management. The Western Finance Association announced the award at their annual meeting in Huntington Beach, California on Monday, June 17. Read the paper, "How Do Financial Expertise and Networks Affect Investing? Evidence from the Governance of University Endowments,"
In a continuing effort to examine the business sector's contributions to inclusive economic growth, join us April 10-11 for two days of discussions and exploration during the third annual Conference on Market-Based Solutions for Reducing Wealth Inequality.
This study, sponsored by the Frank Hawkins Kenan Institute of Private Enterprise and the Kenan-Flagler Energy Center, analyzes the economic cost of renewable energy’s ‘last frontier’, providing reliable baseload power. The analysis utilizes five financial and energy models to examine the cost of replacing baseload power with various energy sources to achieve fully decarbonized utility scale electricity generation.
The workshop explores research on the processes of emergence in order to advance our understanding of innovation and the dynamics of change.
UNC’s Kenan Institute of Private Enterprise and the Duke University Innovation and Entrepreneurship (I&E) initiative have embarked on a joint initiative to build a data repository to facilitate empirical research in entrepreneurship.
Ruben Carbonell, Frank Hawkins Kenan Distinguished Professor of Chemical and Biomolecular Engineering at NC State University and a board member at the Kenan Institute of Private Enterprise, was presented with the O. Max Gardner Award on May 24. The award is the most significant honor given to faculty by the UNC System Board. Carbonell was recognized for his contributions in engineering, healthcare, education and public policy.
Arun Sundararajan, the Harold Price Professor of Entrepreneurship and Professor of Technology, Operations and Statistics at New York University’s (NYU) Stern School of Business, and member of the World Economic Forum's Global Future Council on the New Economic Agenda, will deliver the 2020 Michael Sherraden Lecture.
This event will be rescheduled and offered as a webinar. More information on the date and time will be provided soon. If you have any questions regarding this event, please contact the event administrator, Kim Allen via email at Kim_Allen@kenan-flagler.unc.edu.
The Kenan Institute's inaugural gathering of Kenan Scholars alumni will coincide with UNC Kenan-Flagler Business School's centennial anniversary and the school’s annual Alumni Reunion Weekend.
Join IBM’s Tim Humphrey and former Domino’s CEO Ritch Allison for “Workplace Talent, Skills and Economic Competitiveness: A Fireside Chat with UNC Kenan-Flagler Dean Mary Margaret Frank” Oct. 12 at The Carolina Inn.
The Paycheck Protection Program kept small businesses from folding during the pandemic, but left many women and minority business owners empty-handed. How can we change things going forward?
On January 31 and February 1, 2019, the Frank H. Kenan Institute of Private Enterprise (Kenan Institute) hosted its Frontiers of Entrepreneurship Conference at The Breakers Palm Beach Resort. The conference brought together more than 150 academic research scholars, policy experts and private sector professionals to discuss and debate the most challenging current issues in the field of entrepreneurship in order to set the agenda for future research and policy.
Please join the Kenan Institute for an exclusive conversation with Squad Founder and CEO Isa Watson on Thursday, Feb. 13. The event takes place in Kenan Center 204 and is part of the Dean’s Speaker Series, hosted by UNC Kenan-Flagler Business School's Senior Associate Dean for Academic Affairs Dave Hoffman.
We use a shock to the public scrutiny of firm subsidiary locations to investigate whether that scrutiny leads to changes in firms’ disclosure and corporate tax avoidance behavior. ActionAid International, a non-profit activist group, levied public pressure on noncompliant U.K. firms in the FTSE 100 to comply with a rule requiring U.K. firms to disclose the location of all of their subsidiaries.
Last Friday, just seven hours before the Tar Heels took down the Butler Bulldogs in the Sweet Sixteen, sophomore business major and Kenan Scholar Parker Smith led a group of Kenan Scholars and Kenan Institute faculty on a tour of the Dean Smith Center and Carolina Basketball Museum.
Mentor Mike Norona, a former Fortune 500 company CFO, created a community among the Kenan Scholar cohort this year. About once a month, he gathered a small group of scholars around homemade muffins as fuel to spark conversation.