What is the impact of higher technological volatility on asset prices and macroeconomic aggregates? I find the answer hinges on its sectoral origin. Volatility that originates from the consumption (investment) sector drops (raises) macroeconomic growth rates and stock prices.
Join us for this half-day symposium to hear from the region’s top developers, financiers, government officials and nonprofit professionals, and be part of the conversation on developing new and sustainable solutions to address the Triangle’s affordable housing shortage.
Join the Kenan Institute of Private Enterprise and SAS this November for the AI Innovations Forum, where thought leaders from academia, industry and government will convene to discuss and debate the most challenging issues in artificial intelligence today, setting the agenda for future research and policy.
This conference is the culmination of a three-part series in which thought leaders from different disciplines present to academic researchers, students and community members on the ever-increasing wealth gap of the United States, and its ramifications for U.S. prosperity.
CREATE, an economic development center at the institute, worked with civic and business leaders in Rocky Mount last summer to plan a Black Business Matters District downtown in an effort to address the racial wealth gap in the area. Executive Director Mark Little will join CREATE’s Rocky Mount partners on a panel at 9 a.m. on Thursday, March 24 to share their work as part of Carolina’s Engagement Week.
The third annual Kenan Institute Frontiers of Entrepreneurship Conference convened thought leaders from academia, industry and government to debate the most challenging current issues in the field of entrepreneurship and set the agenda for future research and policy. It was held on Jan. 31 and Feb. 1, 2019 at The Breakers Palm Beach.
Participants in the 2019 Kenan Institute Frontiers of Entrepreneurship conference address the obstacles facing women and underrepresented minority entrepreneurs – from funding to mentorship, resourcing and more – and why overcoming those barriers matters for the broader U.S. and global economies.
...the abuse of opioids has reached epidemic proportions, with annual deaths from opioids of over 1 in 10,000 Americans. These staggering rates of addiction, hospitalization and often death has had...
On Sept. 28, 2018, we traveled to Elizabeth City for the launch NCGrowth's SmartUp Program. We took a ride on U.S. Coast Guard boats, sampled local food and drink and learned how this nearly $1 million SunTrust Foundation grant will impact the community.
Many people dream of starting their own business. But before they can make their dream a reality, one of the first and most important decisions they must make is whether to go it alone or partner with someone they may, or may not, already know. Which approach is better? Kenan Institute Grant Recipient Travis Howell, previews his findings in a soon-to-be-published working paper.
When large firms are in search of new leadership, oftentimes a former leader is the answer. These are commonly referred to in business as "boomerang CEOs." There have been many high-profile examples of boomerang CEOs being both resounding successes and spectacular failures. So what do the numbers say? Are boomerang CEOs good or bad on average? This is the question Kenan Institute Grant Recipient Travis Howell and UNC Kenan-Flagler Business School Professor of Strategy and Entrepreneurship Chris Bingham addressed in their latest study.
Founders often face a fundamental tension. On one hand, founders usually desire to retain as much control over their firm as possible. On the other hand, they often lack the competencies required to lead their companies through later stages of growth. But do founders actually listen to these team members? Or do they just continue to listen to their own intuition? Kenan Institute Grant Recipient and UNC Kenan-Flagler Ph.D. Candidate Travis Howell discusses his research focused on this topic.
The COVID-19 market disruption has massive implications, specifically on small business employment. Kenan Institute experts project an 11.5 percentage point addition to the overall U.S. unemployment rate by small business layoffs. Our panelists also examined the role relief legislation can and should play in mitigating the economic effects of the pandemic. This briefing features Kenan Institute Research Director and UNC Kenan-Flagler Business School Professor Christian Lundblad, UNC Kenan-Flagler Business School Professor Paige Ouimet and Grant Thornton Chief Public Policy Officer Mary Moore Hamrick.
A panel of experts convened by UNC Kenan-Flagler Business School and its affiliated Kenan Institute of Private Enterprise offered a press briefing via webinar on the disruption caused by COVID-19 on local, national and global supply chains on Tuesday, June 2, 2020. This briefing featured UNC Kenan-Flagler Professors Chloe Glaeser, Ali Parlakturk and Jayashankar Swaminathan, as well as Grant Thornton LLP's National Supply Chain Practice Leader Jonathan Eaton.
NCGrowth, an affiliated center of the Kenan Institute of Private Enterprise, will put a $950,000 grant from the SunTrust Foundation to work in Elizabeth City, North Carolina and North Charleston, South Carolina as part of its SmartUp program to create new jobs and stimulate transformative economic development.
The Kenan Institute is proud to partner with a number of private sector companies, foundations, government agencies and fellow think tanks in working to achieve its mission. Generous support...
We use industry valuation differentials across European countries to study the impact of membership in the European Union as well as the Eurozone on economic and financial integration. In integrated markets, discount rates and expected growth opportunities should be similar within one industry, irrespective of the country, implying narrowing valuation differentials as countries become more integrated. Our analysis of the 1990 to 2007 period shows that membership in the EU significantly lowers discount rate and expected earnings growth differentials across countries. In contrast, the adoption of the Euro is not associated with increased integration.
This study examines how teams respond to unplanned member loss. We draw on theory of team compilation and adaptation to suggest that teams with well-developed transactive memory systems (TMS) will be better equipped to withstand the loss of a member.
Brand naming challenges are more complex in logographic languages (e.g., Chinese), compared with phonographic languages (e.g., English) because the former languages feature looser correspondence between sound and meaning.